UK Residential Conveyancing: There Will Be Winners and Losers!

HM Land Registry has launched a bold modernisation programme to join the digital race. The objective: to become the world’s leading land registry for speed, simplicity and an open approach to data to achieve comprehensive digital registration by 2030. There will be little tolerance for paper-based conveyancing; HMLR are resolutely focusing on the role they can play to lead the market towards truly digital conveyancing. Last July HM Land Registry started accepting electronic signatures on conveyancing deeds; this removed the last requirement for paper and wet-ink signatures in the conveyancing process. Accepting electronic signatures, verifying ID and keeping the human element to the remote signing agreement processes ​are key when creating that truly digital conveyancing process. OneSpan has developed and combined a trilogy of tested technologies into one single platform to do just that: - Digital signature: OneSpan Sign - ID verification: OneSpan IDV - Virtual rooms: OneSpan Virtual Rooms Removing the need for paper deeds and post from the conveyancing transaction speeds up the process and is a vital component of the increasingly online process of buying property. In this webinar, OneSpan experts will guide through the available technologies, their ease of implementation and the business benefits of aligning with HMLR’s recommendations. Speakers: - Paul Dockree, Senior Business Analyst, OneSpan - Alan Carter, Senior Business Architect, OneSpan