What's Next? The Role of Land Registry in the Future of Property Purchasing

balcony and open plan kitchen on high rise in London

Since the government announced it would be keeping HM Land Registry within State ownership rather than offering it out for privatisation, many have speculated about the role that the organisation will play in the future of property purchasing.

Whether from an agency or conveyancing angle, the news – announced in January 2018 – was met with mixed feelings. Would this development mean a new lease of life for Land Registry, or would it slow an already sluggish process even further? Fortunately, it appears – at least so far – to have been the former.

files on shelves

All stakeholders in the property industry have been affected by the changes, in terms of how properties are sold and the conveyancing process that it involves. This new, digital Land Registry can only be a good thing in the 21st century, especially with the recent focus on data and how we use and store it. Not only will data be easier to access, the process should be much slicker now that there’s an absence of a paper trail. Will the property purchasing process be simplified in the process? Only time will tell — but there are certainly enough people at the top of the industry committed to proving that this will be the case.

For years consumers have demanded the simplification of the conveyancing process — something often thought of as stressful, slow and convoluted — and for now this seems to be changing, with the move to a digital process making way for a more streamlined way of working. One of the best ways this is happening is via the ability to provide digital signatures. Witnesses are no longer required, nor are so-called ‘wet’ signatures done the old fashioned way with pen and paper. The first digital mortgage deed was signed on 5 April 2018 and has already meant a simpler and faster service for home owners.

The next big change is the Gov.UK Verify service. Using a digital ID verification system speeds up the process further, and by enabling ID verification to be done all in one place — rather than via a variety of parties — there’s even less administration needed.

With Brexit looming ever closer on the horizon and continued market uncertainty, developments like this can only mean change for the better.

You Might Also Like

runners posing for a photo

Fourwalls Runs London for Cancer Research UK

We’re never ones to shy away from a challenge at Fourwalls, so when Hamptons International approached us to help support their mission to raise £150,000 for charity to celebrate their 150th year, we jumped at the chance. Rather than just make a donation, we enlisted 10 members of staff to join Hamptons employees from the company HQ and local branches to run the 2019 Asics London 10k.

White and brown town houses_stock

Five of the best ways to save money on your renovation

Over the past few years, for various reasons, the price of building materials has soared and with it, the price of renovating a home. Now that we are in the midst of a ‘cost of living’ crisis, people are turning to cheaper methods for renovation – or putting the big jobs off entirely.

back garden of a modern property

Be there without being there with Virtual View

Since March 2020 the country has operated in a markedly different way to pre-coronavirus times. The global pandemic has resulted in many changes, but, with the exception of the very first few, fraught months during the original lockdown, we’ve continued to offer our property marketing services throughout, while of course respecting and following government guidelines to the letter to protect both our team and clients. Far from a stagnant market, house sales have boomed as people wake up to the realities of living in crowded cities, or, conversely, being far away from the amenities that they may have previously taken for granted.

Close this search box.
Close this search box.


Please Note: Our previous system is accessible here until mid-2024, please download any past products as soon as possible.