Land Registry to remain in the public sector

Land Registry to remain in the public sector

Following a brief consultation, the government has confirmed that it has scrapped the proposed privatisation of the Land Registry which will now remain in the public sector.

In the Autumn Statement, the government said the Land Registry should "focus on becoming a more digital data-driven registration business".

Adding: "Modernisation will maximise the value of HM Land Registry to the economy, and should be completed without a need for significant Exchequer investment."

Eddie Goldsmith, Chairman of The Conveyancing Association, commented: “We are very pleased that within the detail of today’s Autumn Statement we have the announcement that HM Land Registry will now not be privatised. The CA responded to the consultation on this matter and the vast majority of our members were in favour of the Land Registry remaining in the public sector, so we are clearly very supportive of today’s clarification.


Interestingly, the Autumn Statement suggests that the Land Registry should become ‘a more digital data-driven registration business’ and that ‘modernisation will maximise the value of [it] to the economy’. This, in effect, is a steer that it should focus on its core role of registration and delivering this through a digital process, which one assumes should include such things as e-signatures. We are fully supportive of moves towards an up-to-date digital conveyancing service – as outlined in our recently published White Paper on modernising the home moving process. If we’re able to see the Land Registry moving swiftly in this direction then this ambition will be achieved much more quickly.

We are looking forward to engaging with the Land Registry to help it maintain that focus and to work together on securing a 21st Century conveyancing process.”

Join our mailing list:

Leave a comment



Latest Comments

Tony Gimple
Tony Gimple 16 Jan 2017

HMOs do make great commercial sense, but do the area research first!

view article
OJoyce
OJoyce 30 Dec 2016

We can only hope this will bring the results we all want and strive for.

view article
Reality
Reality 21 Dec 2016

The changes to land tax were a shock to many when it was first announced by the Chancellor in 2015?s Autumn Statement. However, once the changes came into place and the full details were digested, it?s...

view article
akbar ali dayala
akbar ali dayala 20 Dec 2016

I am a landlord and director of an online letting agents at the moment we charge tenants minimal fees and landlord also meaning we can get best deals for tenants all around if the ban comes in it...

view article
milessgabriel
milessgabriel 05 Dec 2016

Useful article

view article
Spencer Fortag
Spencer Fortag 30 Nov 2016

I am glad that someone listened to me!

view article
Tony Gimple
Tony Gimple 27 Nov 2016

It's not just the lack of estate agency advice that's costing landlords money; most are getting seriously bad advice from their accountants resulting in tax bills far higher than they need to be. Likewise,...

view article
Sally Walmsley
Sally Walmsley 18 Nov 2016

The RLA stands by its sell-off statistics. While we welcome the feedback from Mr Jagota and are delighted to hear how well things are going for landlords in the north east, we would like to make it clear...

view article
Sheryl87
Sheryl87 18 Nov 2016

The high employment levels and the vibrant economy has led to ever-increasing demand for rental properties, especially from professionals relocations from other cities. This has led to more experts teaming...

view article
Sheryl87
Sheryl87 18 Nov 2016

Renting out your house can be risky business. It's good to think about residential landlords insurance. Standard cover includes buildings cover and cover for loss of rent following damage to a property...

view article
AmberMorris
AmberMorris 09 Nov 2016

Fear of ghosts, really?? Ok, I get the fear of bats in the attic and mice and rats running under your nose - those are easy to deal with pest issues which are really unpleasant and can turn you off. But...

view article
AmberMorris
AmberMorris 08 Nov 2016

In my experience, It has always been a matter of discussion between the landlord and the tenant. There are cases when it's clear who's responsible for the pest control costs. I see a lot of people in forums...

view article

Related stories

More articles from Business

Specialist Lending Roadshow 2017

24th-27th January

4 days
7 specialists
4 locations
Free to attend

Click here to register now