TSB extends automated ID verification - Mortgage Strategy

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TSB has extended its automated identification and verification process for all mortgage applications for a further three months.

The lender is also doing away with the need for a close-up selfie of the applicant.

Now, brokers must ask their clients for a scan or photo of an acceptable proof of ID and proof of address along with a photo of the client holding said ID and proof of address while facing the camera.

TSB says in a note to brokers that it will be reviewing this process in a further three months’ time.

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