The Land Registry will build the capabilities for electronic signatures to authenticate digital mortgages, it said in a blog post. But the “witness” but could not be sure that the signatory had electronically signed the data that the screen purports to represent, or that the screen represents the data that is intended to be signed. It is also working with banks and building on its existing partnership with Barclays, which has been testing an e-signature service that can be used by mortgage lenders as part of their standard processes. By EU law, an e-signature cannot be witnessed, so its certification instead lies in the integrity of the data that has been signed.
The Land Registry will build the capabilities for electronic signatures to authenticate digital mortgages, it said in a blog post. It is also working with banks and building on its existing partnership with Barclays, which has been testing an e-signature service that can be used by mortgage lenders as part of their standard processes. By EU law, an e-signature cannot be witnessed, so its certification instead lies in the integrity of the data that has been signed.