The proposed standard would give conveyancers who follow the required steps greater protection from Land Registry recourse claims should the transaction turn out to involve fraud.
Olly Thornton-Berry, managing director of legal tech business Thirdfort, said: ‘HM Land Registry carry enormous influence and this is an important and bold step that will help give clarity to law firms, while helping to drive the industry towards a clear set of standards in digital ID.
‘There’s been such a rapid shift from manual to digital ID checks, accelerated by the social restrictions of 2020, yet without a standard in digital ID, it's been impossible for lawyers to determine whether the tools they are utilising are sufficient to protect their business and clients.’
