Econveyancing update

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E-conveyancing update

• Linda Chamberlain
• Head of Education and Training
• December 2006

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This presentation covers

• E-conveyancing framework
• E-conveyancing landscape
• Marketing bundles of services

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Section 1 The framework
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The key components

• Chain matrix
• E-signatures
• Notional register
• E-deeds
• Data checking services

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E-signatures and e-security

• New security platform
• E-signature solution
• Contract awarded end November
• Single portal access
• Based on PKI

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Slide 1 notional register
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Slide 2 notional register
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Slide 3 notional register
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Slide 4 notional register
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E- documents

• Attachments to applications
• E-signed deeds and documents
• E-contracts
• Need document management system
• Need archiving and retrieval services

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Data checking services
Draft Contract
Amend
contract / issue
resolved
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Slide 4 of draft contract
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The Proposed System
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Electronic Access to the System
NLIS
Land Registry channel
Central service connecting to EFT service
Direct channels
Commercial channels
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Section 2 The landscape
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Supporting Legislation

• Network access rules
• Who can participate
• The rules of engagement
• Fee Order
• Pay as you go
• Aim for overall neutrality
• Land registration rules how you use the system
• Consultation on all three elements

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Key Findings Main pilot services
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Home Information Packs

• Will their introduction affect the conveyancing
  process?
• The market?
• The way estate agents and conveyancers get
  business?

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Section 3 Marketing bundles of services
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Chain Matrix prototype testing

• Properties in Portsmouth, Fareham and Bristol
• Aimed at the residential market
• Activities
• Sign-up through dedicated sales teams
• Train them face to face and support them by
  telephone
• Evaluation of system, support, sales, training
• AIM TO COMPLETE 500 CHAINS
• 29th March 2007 to 28th September 2007

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Any questions?