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Electronic Conveyancing
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One of the major strategic objectives contained within our 10-Year Strategic Plan is to promote and introduce progressively, new, electronic transactions in land and property from 2005 - e-conveyancing.
The programme will seek to introduce, over the next five to ten years, a radical overhaul of the conveyancing process in England and Wales. The opportunities which electronic technologies provide will be used to re-engineer the conveyancing process.
The programme's overall objectives are:
- To provide for largely paperless conveyancing transactions
- To achieve registration with completion, thus removing the 'registration gap'
- To enable the time taken between 'handshake' and 'completion' to be reduced
- To improve the efficiency of the conveyancing process including the potential to reduce costs
- To increase transparency of information in the process, and by so doing, to reduce some of the anxiety and uncertainty experienced by those engaged in buying and selling land and property
- To reduce the opportunities for fraud.
Land Registry, together with stakeholders both inside and outside government, will use new, evolving and emerging technologies to overhaul the practice of conveyancing in England and Wales.
To find out more about e-conveyancing, and how it may affect you, please click here.
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