Land Registry procures new electronic funds transfer system [electronic resource]
Language: English Series: Land Registry Press Notice ; (LRPN 22/06) 29 June 2006Publication details: 2006Subject(s): Online resources: Summary: Land Registry intends to procure an Electronic Funds Transfer (EFT) system to underpin its e-conveyancing service due to be released in stages from 2007. EFT allows money to be transferred from buyer to seller while simultaneously paying fees such as stamp duty land tax. Land Registry will then automatically update its database with the new owner's details. EFT will remove the delays currently prolonging the registration process.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 134145-2001 |
Land Registry intends to procure an Electronic Funds Transfer (EFT) system to underpin its e-conveyancing service due to be released in stages from 2007. EFT allows money to be transferred from buyer to seller while simultaneously paying fees such as stamp duty land tax. Land Registry will then automatically update its database with the new owner's details. EFT will remove the delays currently prolonging the registration process.