You can do that online, and stakeholders in the UK property market are on a mission to make the process as smooth as possible. Calling the UK’s property transaction process “broken,” the Charter “calls time on a fragmented system” and rallies for rapid digitization. “To revolutionise the property transaction process, the Charter recognises the benefits of digitizing key property information and facilitating more efficient data sharing.”National Property Transaction Network aims to streamline property transactionsLMS, a major provider of conveyancing services to transfer ownership in property transactions, is stepping up to meet the challenge. Each digital wallet carries a verified identity and complete compliance profile, including PEPs and sanctions screening, AML checks, digital address verification and ongoing monitoring. Per its release, 60 percent of property sector checks already involve Credas, positioning the compliance wallet to play “a transformative role.”Article TopicsAML | Credas | digital ID | digital wallets | KYC | real estate | Thirdfort | UK digital ID | Yoti