The Land Registry is to introduce fully digital conveyancing documents with e-signatures, a move that could speed up the conveyancing process and improve digital safety and security.
The organisation, which is the statutory body that records all land and property ownership and mortgages in England and Wales, held a public consultation last year on its proposals. They are part of its detailed Business Strategy that outlined the body’s intention to become the world’s leading land registry for speed, simplicity and an open approach to data.
New registration starts in April
The changes will reduce the need to use paper deeds to register land and property title. The Land Registry holds the information on more than £4 trillion worth of property and land ownership, including the detail of around £1 trillion of mortgages.
The new digital registration will be introduced from April 6, 2018. The digital package of documents and e-signatures will include measures to protect the registry against cyber-attacks and digital fraud.
Graham Farrant, the chief executive and Chief Land Registrar, said: “Our customers are central to everything we do, and we want to make dealing with us quicker and simpler by providing more services through digital technology.
“These changes are an important enabler for our digital transformation, and I want to thank our customers for their positive responses to the consultation.”