The Safe Harbour Standard

HM Land Registry recently announced a new standard for the use of digital due diligence, which they have called Safe Harbour.

Safe Harbour is designed to encourage the use of digital processes when completing due diligence as part of the conveyancing process and to lift the standards and robustness of existing digital due diligence.

Conveyancers who complete their customer due diligence and meet the Safe Harbour standard are effectively indemnified from any further action should it later transpire that the end-user was acting fraudulently.

Credas already offers users of our service the ability to meet the new Safe Harbour standard, but to make the process simple, smooth and slick, today we are announcing the addition of two new ‘Safe Harbour Journeys’ to our service.

These two new customer journeys will encourage and guide the end-user through the process to ensure they meet the Safe Harbour standard, removing any complexity for both our customer and their client.

Tim Barnett, Chief Commercial Officer at Credas:

“The addition of these two customer journey’s, and further developments we have coming in this area, demonstrate how quickly Credas can react to changes in guidance or legislation. Within days of Safe Harbour being announced, those standards have been incorporated in to our product allowing customers to meet the very highest standards of compliance quickly and easily and without any complications or upgrades – and at absolutely no additional cost. This is a perfect example of how Credas future proofs our customers against changes in regulations, guidance or legislation.”

To find out more about Safe Harbour or to book a Credas demo, please click here.

This site uses cookies and other tracking technologies to assist with navigation, for you to provide feedback, analyse your use of our products and services, assist with our promotional and marketing efforts, and provide content from third parties.