HM Land Registry has launched the next stage of its digital transformation strategy, covering the next three years. The plan says that the government agency will introduce automation and digital services and build increased resilience to fraud and cyber threats, and address the demands of the modern homebuying market,
The Land Registry safeguards the property market in England and Wales, which is worth over £8trn, and holds a database of more than 26 million sites.
Published yesterday, its latest plan, Strategy 2022+, ‘Enabling a world-leading property market’, also commits the Land Registry to lead the market in “harnessing the power of digital tools and automation” to speed up the homebuying process. It says this is in response to the urgency to build the organisation’s resilience to “volatility in the property market”, which it says is the leading cause of application backlogs.
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