Friday, July 08, 2011

UK Electronic conveyancing transactions 'still raise concerns'

Consumers are still raising concerns about the use of electronic signatures and transfers being used in conveyancing transactions, the Land Registry has claimed.

Offering its response to the consultation paper E-Conveyancing Secondary Legislation - part 3, the body said it would proceed by using electronic lodgement and despatch.

"As a result, we are writing off development expenditure relating to electronic charges, signatures and transfers and making a number of other accounting adjustments in the annual report to better reflect the current status of our services," explained Malcolm Dawson, chief land registrar and chief executive.

6 July 2011

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