The following services are currently in pilot: Electronic charges (e-CSF) As the name implies, electronic charges (mortgages) are a hugely significant addition to Land Registry’s suite of e-services. The release of e-charges signals the first electronic deed ever to be introduced and requires an electronic signature by the borrower to be legally valid. When a conveyancer prepares an electronic charge, the borrower signs the deed electronically via Land Registry’s system. The electronic signature is more secure than its paper counterpart and ensures that the data cannot be disowned; and ensures its authenticity. E-charges are currently being piloted by a small number of lenders and conveyancers. Feedback from the pilot participants is being analysed and enhancements made before roll out as a business as usual service. Business Gateway The first release of the Business Gateway is aimed at the remortgage market. It will enable conveyancers to submit Official Searches and request Official Copies of the title from Land Registry directly from their Casework Management Systems (CMS). It also allows them to create the electronic charge, which the Borrower will sign electronically. The solution will use an XML interface to communicate between the Conveyancer and Land Registry via the Internet. For further information on Business Gateway, contact the Channel Partners Team at channel.partners@landregistry.gsi.gov.uk. |
