The Land Registry along with the Law Society, the Chartered Institute for Legal Executives and the Council for Licensed Conveyancers are beginning to recognise the potential for digital identification tools.
The Land Registry has developed a draft set of requirements to encourage digital identity checks. The Land Registry is inviting feedback ahead of the 11 December 2020 deadline.
The development of digital identity checking services aimed at the conveyancing market, will reduce inconvenience for both lawyers and their clients, provide a more secure method of identifying parties to the transaction and make identity checking more efficient.
The benefit for property lawyers is, if you meet the Land Registry standard, you will be protected in the event your client is not who they say they are.
After a series of events with conveyancers and identity service providers over the summer we have developed a draft set of requirements that are aimed at encouraging digital identity checks. We would welcome your feedback by close of play on Friday 11 December.