HM Land Registry makes the home buying process simpler and faster with Persistent’s blockchain expertise

Case Study: HM Land Registry makes the home buying process simpler and faster with Persistent’s blockchain expertise

About Her Majesty’s Land Registry

Government of the United Kingdom’s official land registration service for England and Wales

Safeguards

£4 trillion

of property ownership
Manages

25,000,000

titles
Handles

20,000

changes per day

The Challenge

  • Too many players in the process – banks, conveyancers, buyers, sellers, the land registry, the tax authorities – who have been historically unable to collaborate well
  • Time consuming manual processes of moving funds and chasing documents that delay property transactions
  • Lack of transparency in the buying and selling process
Si Challenge 1
Si Challenge 2
Si Challenge 3
Case Study: HM Land Registry makes the home buying process simpler and faster with Persistent’s blockchain expertise

The Solution

Persistent Systems helped HM Land Registry adopt smart contracts and blockchain so that they could deliver a more transparent and straightforward digital online experience for lenders, citizens, and conveyancers.

Evaluation and Research
Divergent Thinking

Hackathons to demonstrate prototypes

Evaluation and Research
Distributed Ledger

DLT and blockchain use case implementation

Evaluation and Research
Digitization of Transfers

Automatic updates to the Land Register

Evaluation and Research
Data-Driven Insights

Data to power informed decisions

Persistent came with lots of experience in blockchain and
DLT and it was all about Land Registry developers
building their capability. It was an opportunity for my
developers to learn from some really experienced
developers and the collaboration was great

Lauren Tombs

Senior Product Manager Data,
HM Land Registry

Working with Persistent on this was great.
We all thought it would take weeks and weeks and
weeks and that setup was super quick.

Nick Kirby

Real Estate Technology Specialist,
HM Land Registry

The Outcomes

Results detail
Made home buying in the UK more straightforward, faster, and less stressful
Results detail
Infused innovation into the land and property registration process through technology
Results detail
Results detail
Enabled seamless collaboration between all stakeholders from buyers and sellers to lenders and the land registry
Results detail
Case Study: HM Land Registry makes the home buying process simpler and faster with Persistent’s blockchain expertise

Watch the Director of Digital, Data, and Technology at HM Land Registry discuss how Persistent helped them make the home buying process simpler and faster with smart contracts and blockchain.

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