Veyco and Entrust have introduced an integrated workflow for qualified electronic signatures in UK property transactions, combining identity verification and digital signing inside Veyco’s Know Your Customer platform. The companies said the release is designed to let mortgage and conveyancing documents be signed remotely while still meeting the legal and compliance requirements that apply to property deals.
The workflow combines Entrust identity verification, including checks on a government-issued identity document and a selfie video, with qualified electronic signatures issued through a qualified trust service process. Rather than sending users through separate identity and signature steps, the companies said the process links those controls in one transaction flow. They also said the setup aligns with anti-money laundering, Know Your Customer and UK eIDAS requirements, that HM Land Registry accepts qualified electronic signatures, and that Nationwide Building Society has already enabled an electronically signed mortgage deed through the integrated process.
The launch targets a part of the property closing process that still depends on wet-ink signatures, witnessed documents and repeated identity checks. UK transactions remain exposed to delays and impersonation risks, which is why identity vendors have framed liveness and verification as a response to UK property fraud risk. Veyco is now extending that logic to the signature stage by tying legal execution more tightly to the verification event.
The launch also fits into a broader push to replace fragmented compliance steps with more connected tools. Earlier this year, Credas completed the first property transaction using a compliance wallet, while identity suppliers elsewhere in Europe have been working through the eIDAS 2.0 validation process for digital identity products. The wider direction is toward workflows in which identity proofing, consent, document execution and audit records are handled inside a single regulated stack.
Veyco said the signing flow is built for banks, mortgage lenders, estate agents, conveyancers and legal firms that need to verify users before executing documents with legal standing. If adoption spreads beyond early deployments, the offering could reduce the amount of printing, posting, scanning and follow-up that still slows property transactions even after the rest of the customer journey has moved online.
Sources: PA Media, Yahoo Finance, Veyco
–
By Cass Kennedy
