The Land Registry expects to pilot a full e-conveyancing system in 2006, chief executive Peter Collis told delegates in Birmingham at the annual Law Society of England and Wales conference. To this end the Land Registry and the Law Society signed a Memorandum of Understanding (MoU) last month to co-operate on the development of the e-conveyancing programme.
By 2006 then it is hoped that the registry will have introduced electronic charges and electronic funds transfer as well as new e-conveyancing legislation. He noted that ,"At the end of the day, if this [e-conveyancing] is going to be taken up, it has got to be usable by the sole practitioner with a rural practice who only has a PC and access to the Internet. It has to be used by the sole practitioner as well as by the big firms."
The memorandum marks a formal recognition of the way the Land Registry and the Law Society have worked together to improve the home buying process through the electronic exchange of documents.
Articles in the LawGazette and the Land Registry
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