Lender panel intermediary Legal Marketing Services (LMS) has announced it has partnered with technology provider Veyco to enable the digital signing of mortgage deeds through Qualified Electronic Signatures (QES).
While the use of QES is still in its infancy HM Land Registry (HMLR) supports its use as part of its ongoing digital transformation, confirming it would accept QES from August of 2025
Lenders have also started to adopt QES with Nationwide Building Society becoming the first to allow a mortgage deed to be signed using QES. before introducing the option as part of its remortgage workflow in April this year.
Andy Roddy, deputy director digital services at HMLR, said he welcomed industry initiatives that support the adoption of QES: “QES offers a high standard of identity assurance and security, helping make property transactions more efficient and straightforward for customers.
“We’re keen to see the market continue to develop practical, interoperable solutions, and we’ll continue working with lenders, conveyancers and technology providers to support wider adoption of digital signing.”
LMS said the technology is now live with lenders using LMS’s fee-assisted remortgage service and will be extended to its Panel Link customers as the next phase of rollout.
QES provide a highly secure way of signing mortgage deeds digitally, with the signatory’s identity verified to a regulated standard and the integrity of the document protected. QES signed documents have the same legal effect as a handwritten signature , need no witness and take under three minutes on average, said LMS.
Suzanne O’Connor, chief relationship officer at LMS, said: “Digital transformation is no longer about digitising individual steps in the property transaction – it is about connecting those steps to create a faster, more secure and seamless journey for everyone involved. The introduction of QES is an important part of that evolution and reflects our continued commitment to ensuring lenders and law firms have the digital infrastructure they need to deliver greater certainty and efficiency for customers.”
On the partnership with Veyco, she added the tie up brought “secure digital identity verification and legally robust electronic signatures together… [removing] another layer of friction from the process, benefitting lenders, law firms and customers alike, and moving towards a more digital property transaction.”
Head of Partnerships at Veyco Edd Prosser-Jones added: “Trusted digital identity and secure electronic execution are what make a fully digital mortgage deed possible. Paper deeds slow down completions, and all parties in the transaction feel it. With Veyco, there is no printing, witnessing or posting. Borrowers can sign a mortgage deed in under three minutes on average, and law firms get the signed deed straight back. For LMS’s lender partners and law firms, this means fewer follow-ups, quicker completions and a reduced risk of fraud.”
