For buyers
When you reserve a new home on HomeBid, you verify yourself once, on your phone, in minutes. The seller accepts you on facts rather than promises, and your solicitor starts with everything they need instead of chasing you for it.
What happens
| Step | What you do | Why |
|---|---|---|
| Register | Email, phone, the home you are interested in | So the seller knows who is bidding |
| Verify identity | A photo of your passport or driving licence and a selfie | Aligned with the Land Registry's Practice Guide 81 standard for property transactions |
| Show funds | Connect your bank through open banking; declare your deposit and mortgage position | Balances come from the bank, not screenshots; nothing is stored beyond what is needed |
| Source of wealth | Tell us where the money came from and upload the documents that show it | The regulations ask where the money came from, not only that it exists |
| Screening | Nothing; it runs automatically and refreshes daily | Politically exposed person and sanctions checks the seller and solicitor need anyway |
| Accepted | The seller accepts a verified buyer | Your package goes to your solicitor and the seller's within 48 hours |
Verification typically takes minutes. You see your score out of 100 and what would improve it, and nothing is asked for twice.
What you get
Your score
Verified facts and declared ones are labelled separately, so you know exactly what the seller sees and what would strengthen your position.
Your solicitor
The package your solicitor receives carries your verified identity, your evidence and the acceptance record. They still verify you under their own rules, but the first month of chasing is gone.
Next time
Your verification comes with you to the next home and the next developer. Refresh what has changed, not everything.
Your data
Availability
HomeBid launches with new homes sold by housebuilders. If you are buying a new home from a developer using HomeBid, you will be invited to verify when you reserve. Register your interest and we will tell you when developments near you are on the platform.
Buying or selling a resale home? That comes later. Register interest and we will let you know.
Register interest and we will tell you when a development you want is on HomeBid.