Housing Market Recovery supporting Digital Transactions

MHCLG 2018年报告的结果强调，由于链条断裂和买家改变主意，每年有超过30万笔房地产交易失败，受影响的卖家平均损失2.7万英镑，市场总成本为4亿英镑。2018年MHCLG证据呼吁寻求该部门的投入，这是政府为改善住房部门而开展的广泛工作的一部分。政府的总体观点是，英格兰和威尔士的房屋买卖过程不符合目的，因为每年有四分之一的房屋销售失败。再加上房地产交易失败，这些都是支持房地产市场复苏的问题和障碍。政府最近推出了印花税土地税（SDLT）的减免税率，适用于2020年7月8日至2021年3月31日期间购买的住宅物业。由于社交距离，对能够在办公室内工作的员工数量的持续限制，无论是一起工作还是与客户会面，这都给律师和房屋转让代理人的房屋买卖过程造成了不必要的延误和摩擦。自2020年3月引入covid - 19锁定措施以来，数字身份欺诈有所增加，因为越来越多的律师在没有安全标准和数字身份检查功能的情况下在家工作。英国政府致力于打造一个适合英国日益增长的数字经济的数字身份系统。“很明显，政府有需要也有期望让人们更容易快速、安全、安全地使用数字身份，我们致力于实现这一目标。”内阁办公室部长茱莉亚·洛佩兹1/9/20\。该项目将寻求为寻求出售其财产的客户确定和商定房屋买卖过程的数字身份标准，并将该人员/身份与他们正在出售/购买的房屋联系起来。这是法律部门问题的关键所在，也是解决抵押贷款机构欺诈问题的关键所在。将客户置于流程的中心，标准化和创建各方身份验证的可移植性，以减少身份和财产欺诈以及洗钱的风险，将是该项目的众多产出之一。该项目旨在解决房屋买卖过程中围绕土地和财产信息的一些问题，将客户与财产联系起来，并以可靠的身份标准验证买方和卖方的身份。进一步的调查将包括：o需要建立一种机制来共享信息，以加快房屋买卖过程，以支持更多的数字交易。o以隐私和同意为中心的需求o支持房屋买卖流程的数字身份信任框架使人们更容易在网上证明自己的身份，从而加快交易速度o如何在系统中建立信任，信任信息和依赖

Results from a MHCLG 2018 report highlights that more than 300,000 property transactions collapse every year due to broken chains and buyers changing their mind, costing affected sellers on average £2.7K with a total cost to the market of £400 million. The 2018 MHCLG Call for Evidence sought input from the sector which is part of a wide-ranging body of work government is undertaking to improve the housing sector. The Government's overarching view being that the home buying and selling process in England & Wales is not fit for purpose, as a quarter of house sales fall through each year.Combined with failed property transactions are issues and barriers to supporting the recovery of the housing market. The Government recently introduced reduced rates of Stamp Duty Land Tax (SDLT) which applies to residential properties purchased between 8 July 2020 until 31 March 2021 inclusive. Due to social distancing, continued restrictions on the number of staff being able to work within offices, both together and to meet with clients, this is causing undue delays and friction into the home buying and selling process for solicitors and conveyancers. Digital identity fraud has increased since March 2020, when Covid19 lock downs were introduced, as more solicitors work from home without the security standards and digital identity checking capabilities in place.The government is committed to enabling a digital identity system fit for the UK's growing digital economy. "It is clear that there is a need and an expectation for the government to make it easier for people to use digital identities quickly, safely and securely and we are committed to enabling this." Cabinet Office Minister Julia Lopez 1/9/20\.This project will seek to determine and agreed digital identity standards for the home buying and selling process for a client seeking to sell their property and linking that person/identity to a home that they are selling/buying. This is the crux of the problem for the legal sector, as well as tackling fraud for mortgage lenders. Putting the customer at the centre of the process and standardising and creating portability of the identity verification of the parties to reduce the risk of identity and property fraud and money laundering will be one of the many outputs from this project.This project is looking to address some of the issues around the house buying and selling process around land and property information, connecting a customer to a property and verifying the identity of both buyer and seller to an assured identity standard. Further enquiry will include:o The need for a mechanism to share information to speed up the home buying and selling process built around supporting greater digital transactions.o The need to have privacy and consent at the centreo A digital identity trust framework supporting the home buying and selling processo Make is easier for people to prove their identity online so transactions quickeno How to build trust into the system and trust in the information as well as reliance