Rinlgley group logo
  • Home
  • Who We Are
    About Us Our People Awards Savings for Clients Results for Clients Green Management Strategies Market Overview Leasehold Reform Campaign Money Back Guarantee
  • What We Do
    • Block Management
      • Block Management Overview
      • for RTM Companies
      • for Freehold Management Companies
      • for Resident Management Companies
      • for Estates of Houses
      • for Freeholder Investors
      • Ground Rent Collection
      • How to Change Agent
      • Block Management Packages
      • Can't Afford an Agent?
      • Legal work & Tribunals
      • Section 20 Major Works
      • Ringley's Top 10 Tips
      • Staff on Site
      • Moving or Buying?
      • Report an Incident
    • Asset Management
      • Asset Management Overview
        • Asset Management Overview
        • Stabilised Assets
        • Project Monitoring
        • Mobilisation & Lease up
        • Asset Managers TechStack
        • Accounting & Reporting
        • Brands & URLs for sale
        • ESG Consultancy & Implementation
        • UK Build to Rent
        • UK Later Living
        • UK Coliving
        • UK Student Housing
        • BTR Smart PropTech
        • BTR Strategic Marketing
        • BTR Resident Experience
        • BTR Tenancy Management
        • Asset Management Clients
        • Site Finding/Digital Land Search
      • Law
        • Legal Services Overview
        • Our People
        • Recommendations
        • Right to Manage
        • Lease Extensions
        • Freehold Purchase
        • Absentee Freeholder
        • Court Appointed Manager
        • Conveyancing
        • Service Charge/Rent Arrears Recovery
        • Company Secretary
      • Valuation
        • Valuation Overview
        • Loan Security
        • Company Accounts
        • Lease Extensions
        • Freehold Purchase
        • Rent Reviews
        • Development Valuations
        • Insurance Valuations
        • Expert Witness & Litigation
        • Tax, Trusts & Accounts Valuations
        • Trading Business
        • Compulsory Purchase
        • Residential Valuations
      • Engineering
        • Engineering Overview
        • EWS1 Consultancy
        • Asbestos
        • Contract Administration
        • Fire Assesment
        • Homebuyer Survey
        • Building Survey
        • Schedules
        • Party Wall Matters
        • Principle Designer
        • Disability Access Audits
        • Small Building Works
      • Finance
        • Finance Overview
        • Get Accounts Quote
        • The Law & Property Accounts
        • Industry Update
        • To audit or Not?
      • Plant & Facilities Management
        • Plant & Facilities Management
        • Fire Door Inspection APP
      • Site Staffing Solutions
      • Leasehold Guidance
        • Leasehold Guidance Overview
        • Right to Manage
        • Buy Freehold
        • Court Appointed Manager
        • Absentee Freeholder
    • Insights
      Property Management Articles Property Management Blogs Rental Market Blogs Customer Comments FAQ - Ask Our Experts
    • E-books
    • Portal Login
    • Get In Touch
    • Clear Filter
    • Property Blog INDEX
    • PlanetRent Blog

    E-signing to transform homebuying


    Responsive image


    Homebuyers can wave goodbye to pen-and-ink signatures with new e-signing option

    E-signing could be about to transform homebuying. E-signing of documents has come into its own during the pandemic but there still have been some situations where an electronic signature is not acceptable. However, as the old saying goes necessity is the mother of invention. So today HM Land Registry has announced it is now able to accept electronic signatures for a number of important property transactions.

    In another move aimed at boosting the housing market transfers of ownership of property, leases, mortgages and other property dealings can now be signed electronically. The hope is that this will make it simpler and quicker for people to move home.

    From today HM Land Registry will accept ?witnessed electronic signatures? in place of wet-ink. These make it possible to sign legal documents remotely, although a witness who is present at the time must counter-sign the documents electronically too.

    This signals the removal of the last strict requirement to print and sign a paper document in a home buying or other property transaction. This will help homebuyers during the current health emergency while lots of people are working at home, but the Land Registry also sees it as ?a keystone of a truly digital, secure and more efficient conveyancing process that we believe is well within reach?. Good news, we think. Especially as the next step is to also look at the possibility of using qualified electronic signatures ? which won?t require a witness. Instead, this type of E-signature relies on using a ?Qualified Trust Service Provider? which will have standards in place to securely verify the identity of the signatory and the Land Registry is already exploring their introduction as soon as it becomes practical to do so.

    At Ringley we?ve been using E-signing for a wide range of documents for some time. This technology has certainly made life easier for both our staff and our customers during the last few months, so we welcome today?s announcement. It should bring conveyancing firmly into the 21st century. We are also pleased to hear that work is also going on to improve security around E-signing.  The Government is exploring whether the digital identity checking technology used in other sectors could also be used in the conveyancing industry to increase resilience against fraud and improve the ease of buying and selling. If they get this right, we think this is good news all round for homebuyers, vendors and their property and legal advisers. What do you think?

    Click here to read the new practice guidance for conveyancers on how to use electronic signatures.

    www.ringley.co.uk
    Why not READ our Planet Rent Blog too: blog.planetrent.co.uk



    03/09/2020
    Author : Mary-Anne Bowring

    Social
    Facebook Linkedin Twitter Blogger

    Subscription

    Keep up to date

    (Weekly, fortnightly or monthly)


    To find out more what we do with your data, please read our Privacy Policy


    Insights, Blogs, Research, E-Books

    Landlord blog bg

    Landlord blog
    Read landlord blog
    Property blog bg

    Property blogs
    Read property blogs
    Articles bg

    Property articles
    Read property articles
    E book

    E-books
    Read E-books
    Facebook footer Instagram footer Linkedin footer Twitter footer
    Facebook footer
    Instagram footer
    Linkedin footer
    Twitter footer
    • Ringley Group
    • About us
    • CSR
    • BusyLiving
    • PlanetRent
    • Fire door inspection
    • Talk to us
    • Careers
    • Ask a Question
    • Insight
    • Articles
    • Blogs
    • Subscribe
    • What we do
    • Asset Management
    • Block Management
    • Facilities Management
    • Property Law
    • Surveying / Valuation
    • Building Engineering
    • Financial Services
    • Managing Agents
    • Block Management Locations
    • Co-working
    • Offices
    • London
    • Ringley House
    • 1 Castle Road
    • London
    • NW1 8PR
    • T: 0207 267 2900
    • Manchester
    • 11 Swan Street
    • Northern Quarter
    • Manchester
    • M4 5JJ
    • T: 0330 174 7777
    • Cardiff
    • 122 Bute Street
    • Cardiff Bay
    • Cardiff
    • CF10 5AE
    • T: 0330 174 7747
    • Email: solutions@ringley.co.uk
    • Emergency line 1: 0207 428 2056
    • Emergency line 2: 0207 267 2900
    • Report incident
    Privacy Policy
    Ringley Staff
    Ifsm Irpm member New iso Arla licensed Ombudsman services Rics vertical Gbc

    All content © copyright 2022. Ringley Limited. All Rights reserved. Ringley Limited, incorporated and registered in England and wales. Registered office: Ringley House, 1 Castle Road, London, NW1 8PR. Company No. 03302438
    Terms of use | Privacy Policy | Modern slavery act | COVID-19 risk assessment