HM Land Registry has released its annual report and accounts, setting out its priorities for an ambitious digital transformation towards becoming the world’s leading land registry for speed, simplicity and an open approach to data.
HM Land Registry aims to begin the comprehensive registration of land in England and Wales. The initial focus will be on prioritising public sector land in order to provide an early indication of the scale of potential sites for house building and associated infrastructure needs.
Alongside the improved registration of land, the transformation will also involve working with the private sector to research and test new digital registers, potentially exploring blockchain, a plan HM Land Registry is calling ‘Digital Street’.
Responding to a government commitment to drive innovation in the digital economy, HM Land Registry will also open up more of its datasets externally and across government to support infrastructure development, financial security, tax collection, law enforcement and national security.
Graham Farrant, chief executive and chief land registrar said:
’To our many stakeholders, I would ask you to join, support and partner with us as we explore how through digital technology we can work together to make conveyancing quicker, cheaper and simpler for everyone.’