Electronic conveyancingSTRATEGIC OBJECTIVE 4: Introduce an electronic conveyancing system through which most property transactions will be effected
Electronic conveyancing
We have done much work on our approach to delivering e-conveyancing services. We have confirmed an incremental approach and are planning five tranches of delivery.
Tranche 1 will be a prototype of Chain Matrixä with later tranches adding functionality and wider user bases. Users in Portsmouth, Bristol and Fareham will take part in the pilot of tranche 1 beginning in November 2006.
Each subsequent tranche will have a pilot phase to test the new services before roll-out. They will be piloted in different geographical areas or with different user segments to ensure robust testing.
Tranche 2, the full e-conveyancing pilot, will be launched in October 2007.
Detailed planning is now under way to meet this target and plan the launch dates of tranches 3 to 5.
E-lodgement The e-lodgement service was made available to all 6,000 conveyancers using Land Registry Direct in November 2005. Seventeen forms are now available. Since November 2005, more than 2,000 transactions have been lodged. We are concentrating on developing the electronic forms required for tranche 2 and subsequent tranches. Plans are also underway to integrate the procured e-security solution into electronically lodged forms.
Electronic Register Updates Our Electronic Register Updates project has been successfully completed and is available to all conveyancers using Land Registry Direct. It enables the register of title to be updated automatically following an electronic application from a conveyancer. A conveyancer can also choose to receive notification electronically on completion of the application. Since the launch of the service in December 2005, more than 600 transactions have been received with 82 per cent being processed automatically and only a minority of users requiring postal notification. Although restricted to minor updates (such as updating proprietorship details following a change of name), it has been a useful proof of concept of users outside Land Registry initiating a change to the register electronically and will support us in developing greater e-conveyancing functionality.
E-security Our document authentication project allowed us to trial options for digital signatures with some of our customers and we received positive feedback from pilot users. We have started to procure a robust electronic security solution for the release of e-conveyancing services from 2007 onwards. In the meantime, existing online security measures are being used to support our prototype Chain Matrixä from autumn 2006. |
