Mr. Noel Brett:

From a lender's point of view, there are typically four points of contact, namely, at the point of mortgage approval, approval of the contract for sale and title, the release of funds in closing and the registration of the charge. Those are interfaces with other agencies and solicitors rather than directly with members of the public. What this system does is give the efficiency and put speed into that process. From our point of view, there is not an issue in terms of the public.