Calls for the government to abandon Land Registry privatisation for good

Calls for the government to abandon Land Registry privatisation for good

Andrew Lloyd, Managing Director of Search Acumen, calls on the Government to drop its plans to privatise Land Registry as the proposal gets dropped from the Neighbourhood Planning and Infrastructure Bill.

Mr Lloyd, Search Acumen’s Managing Director, had this to say: “The government is thinking again on Land Registry privatisation. If the abandonment of the sale is confirmed, this will be both a victory for common sense and a vindication of the property industry’s spirited campaign against the proposal over the past twelve months.

Here at Search Acumen, we welcome this step in the right direction but the matter has not yet been concluded - the threat to both the industry and the freedom of open data remains. Now is the time for property professionals to press the government on the sale and reiterate that it is not only bad for the industry, it is bad for everyone who owns or aspires to own a property.


Land Registry has come in for quite a bit of criticism over the years for being outdated, old fashioned, inefficient. That’s part of the rationale for a sale. But over the past few years things have actually moved in a much more positive direction, with Land Registry making great strides in commercialising its data, and in grasping the potential of ‘Big Data’. This has allowed innovators and disrupters in the private sector – companies like Search Acumen – to transform the industry for the better through new products that utilise Land Registry data. Entrepreneurs and creative minds are unlocking the opportunities buried in big data, and deploying that acumen to create efficiencies for property and legal professionals.

Land Registry is committed to going further and release more of its data sets in the near future, so why privatise and jeopardise all of this progress?

As the UK follows the post-Brexit journey and the housing crisis continues, I hope that the Land Registry is used efficiently to help strengthen our industry rather than add to our problems.”

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Latest Comments

warren
warren 26 Apr 2017

You're very welcome Mary! Glad you enjoyed them :)

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Mary Ward
Mary Ward 26 Apr 2017

Thank you for the wonderful ideas. First impressions can make or break a deal. It's sadly that many homeowners drop the kerb to create an off-street parking space.

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Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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bnellyb
bnellyb 08 Apr 2017

There will be an exodus of private landlords over the next 5 years as tax changes take effect, private landlords provide an important service to the rental market, why do housing associations and councils...

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Fred Cassman
Fred Cassman 07 Apr 2017

"Make it look like you are at home": often people forget this and share on facebook their location!

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jared townsend
jared townsend 05 Apr 2017

It'll be interesting to see how & if the Government's asset sale regarding mortgages helps

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SecomTech
SecomTech 04 Apr 2017

...and not one mention of the rules on PERMITTED DEVELOPMENT!!! Unless you have studied the plans you will not know...It's probable a high proportion would not need planning permission...BUILDING Control...

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Jonathan
Jonathan 03 Apr 2017

That's a very interesting study indeed. There is no doubt that new services and web apps such as Wonego.com in the UK or Roomster in the US will change the way people look for a flatmate, and that tenants...

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MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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