Land Registry Values

Similar documents
Graham Farrant Chief Executive and Chief Land Registrar

The learner can: 1.1 Give examples of types of transaction carried out in a conveyancing office.

Risk Management: Property Fraud

The learner can: 1.1 Give examples of types of transaction carried out in a conveyancing office.

Our fees for residential conveyancing

Equity Release Mortgages (please contact us for a bespoke quote

Electronic Conveyancing Update

SRA TRANSPARENCY RULES

Titles Registry Fees effective 1 July 2017 Land Title Act 1994 Land Title Regulation 2015

Titles Registry Fees effective 1 July 2016 Land Title Act 1994 Land Title Regulation 2015

Online Bidding Terms & Conditions

CITY OF LONDON LAW SOCIETY LAND LAW COMMITTEE PROTOCOL FOR DISCHARGING MORTGAGES OF COMMERCIAL PROPERTY

Full postcode of property (if any): SW11 2SN. Title number( s) of the property: TGL The application affects

Assessment criteria. The learner can: 1.1 Give examples of types of transaction carried out in a conveyancing office

Certificate of Title. Lender's reference (from letter of instruction) The Borrower(s)

No. 2017/ 06 June Land and Property Information fee changes from 1 July 2017

SRA Transparency Rules

LEVEL 6 UNIT 17 CONVEYANCING SUGGESTED ANSWERS - JANUARY 2013

A Conveyancer s Lot Post P&P Property and Dreamvar

Purchase of a leasehold residential property

Contents. Table of Statutes. Table of Secondary Legislation. Table of Cases. Conveyancing Procedures in Outline

Non-charitable Deed of Dedication

Fact Sheet. Application for replacement Certificate of Title

Your guide to application for a vesting order based on title by adverse possession

Registrar-General of Land e-dealing Compliance Review

RESIDENTIAL CONVEYANCING FEES ESTIMATES (OCT 2018)

The amounts mentioned above are excluding any VAT or other applicable taxes.

RESIDENTIAL CONVEYANCING. Pricing Information

SRA Transparency Rules Cost & Service

DOWNLOAD PDF PRACTICAL FORMS FOR THE GUIDANCE OF CONVEYANCERS

Issued: June 2018

econveyancing INFORMATION SESSION

Information contained

Small Self Administered Scheme. Property Notes

Information contained

EQ Solicitors: Pricing Information

No. 2017/07 June Electronic Certificate of Title (ect): information for settlement and lodgment of dealings and plans

Legal Fee Information for. Purchase of a Freehold or Leasehold Residential Property

1.1 Explain the nature and the characteristics of a lease

Tozers guide to selling your home

2010 No. 11 LAND REGISTRATION. Land Registry (Fees) Order (Northern Ireland) 2010

The Right to Acquire. Contents. Contents Making an informed decision Can you buy your home? How to buy your home 7. 4.

YOUR GUIDE TO THE LEGAL PROCESS FOR SELLING A PROPERTY

1.1 Explain the nature and the characteristics of a lease.

Titles Registry lodgement fees financial year. Registrar of Titles and Registrar of Water Allocations

Standard Legal Fees Explained

Conveyancing. Pricing. wardhadaway.com. Newcastle Leeds Manchester

CONVEYANCING SERVICES

Fees Examples. Please contact us for a detailed estimate specific to your proposed instruction.

The Seller s 6 Step Conveyancing Guide For Queensland

CONVEYANCING INFORMATION PACK

Background. New Procedures. Pre-approval Necessary in Every Case. Titles Act, R.S.O. 1990, c. L.5 (the act) DATE: OCTOBER 16, 2017

2.1 Introduction 2.2 Title documentation 2.3 The register 2.4 Applications to the Land Registry 2.5 Rights of third parties 2.

Issued: August 2018

Contents. Table of Statutes. Table of Secondary Legislation. Table of Cases. An Introduction to Leasehold Conveyancing

Changes of Ownership Manual DISCLAIMER

Registration of a Lease. Guidance Notes

Working with our industry partners to bring PEXA to the market

RESIDENTIAL CONVEYANCING

CH Hausmann & Co. Costs Information

UNCONDITIONAL TAKE-OVER OFFER BY OSK HOLDINGS BERHAD (Company no.: U) (Incorporated in Malaysia under the Companies Act, 1965) THROUGH

I am writing to you at the request of the Law Society's Property Law Committee (Committee).

PURCHASE OF FREEHOLD OR LEASEHOLD RESIDENTIAL PROPERTY

Introduction of a Land Registry service delivery company

SELLER S GUIDE INTRODUCTION SELLER S PACK REQUEST FORM RETIREMENT PROPERTIES APPENDIX

Vesting of Roads and Reserves Policy

CONVEYANCING NORTHERN BEACHES

If you want even more information, look for the advanced training, which includes more use cases and demonstrates CU s full functionality.

Title goes here. Application to Register an Easement/ Profit-à-Prendre Acquired by Prescription.

LEVEL 3 - UNIT 4 LAND LAW SUGGESTED ANSWERS - JANUARY 2015

Your Guide To Conveyancing. Conveyancing excellence as standard

Conditions of Sale 2019 Edition. Frequently Asked Questions

General Instructions to Solicitors and Licensed Conveyancers. February 2018

LTSA Customer Fee Listing

To be submitted on Law Firm s Letter Head. Mortgaged Property ( )

Section 4: Transfer A: Overage

LEASEHOLD PROPERTY ENQUIRIES

INSTRUCTIONS TO SOLICITORS

Registration of a Lease Long Term Lease. Guidance

TENDER FOR SALE OF BPCL OWNED HOUSING COMPLEX AGRA TECHNO- COMMERCIAL BID

etransfer Form User Guide The Property Registry s

Residential Tenancy Application Form

(b) a purpose directly related to such dealing provided that the purpose is not contrary to any Law; or

Property Notes. Self Invested Personal Pension

LGMA Approving Officer Workshop. June 11, 2013 Tim Jowett, Deputy Registrar for New Westminster Land Title Office, Linden Fritsch, BCLS

SIPP property questionnaire

Property Form. for the Suffolk Life SIPP and MasterSIPP

DUBLIN SOLICITORS CPD 26 TH March 2015 THE LAND AND CONVEYANCING LAW REFROM ACT 2009 IMPACT FOR CONVEYANCING PRACTITIONERS

2. Mr. Manoj Kumar Mondal Street Number-29, Quarter Number-10B Chittaranjan,District-Burdwan,West Bengal Dear Sir/Madam,

SELLER'S PROPERTY INFORMATION FORM (4th edition)

Example for a registered Freehold purchase of 150,000 (this estimate does not include Help to Buy Scheme or New build properties).

ELECTRONIC DEEDS REGISTRATION SYSTEMS BILL

MINISTRY OF LANDS, HOUSING AND URBAN DEVELOPMENT CLIENTS CHARTER 2017/ /21

Information contained

Price Guide edition

SEMINAR 15 JUNE 2015 SUBJECT. NEXT SEMINAR 20 th July CBRE C Bar at 08:00hrs. PREVIOUS SEMINARS Notes posted

Information contained

see schedule 3. ENCUMBRANCES, LIENS AND INTERESTS The within document is subject to instrument number(s)

Residential property matters

Registration of Securities. Guidance for conveyancers (England & Wales)

Transcription:

Land Registry Values

Land Registry

Land Registry in Numbers

Our targets are to complete: Speed of Service

Recruitment

Requisitions over 6 months In 6 months 300,000 requisitions raised 500,000 individual requisition points Over 4,000 requisition points raised every working day 1 in 5 applications result in a requisition

Types of Requisitions 20% Consents and certificates required by restrictions 13% Discharge related 11% Discrepancy in names, not accounting for registered owners, variations between documents lodged 6% Execution of Deeds 3% Confirmation of identity

Avoidable Requisitions Avoidable if it s clear from Land Registry forms, the register, practice guidance (e.g. practice guides) and Land Registration Rules 2003 what is needed we have given a reminder before lodgement (e.g. on Official Search result) or when rejecting an application the law is well established, e.g. how a deed should be executed or that the extension of the term of a lease takes effect as a surrender and re-grant it is a matter that a diligent conveyancer would have been expected to satisfy themselves prior to completing the transaction. For more information please see: Land Registry requisitions Practice Guide 50 Requisition and cancellation procedures

Unavoidable Requisitions Unavoidable if it s not obviously a requirement stated in our forms or practice guidance the point is unusual, obscure or something which could not have been reasonably anticipated by the customer required at the Registrar s discretion under rule 17, Land Registration Rules 2003. For more information please see: Land Registry requisitions Practice Guide 50 Requisition and cancellation procedures

Requisitions We cannot complete a registration if the evidence you lodge does not satisfy the requirements of the restriction. We will requisition for further evidence if we need it. For example, does a restriction specifically require a consent? If it does, we cannot act on a conveyancer s certificate Practice Guide 19 Notices, restrictions and protection of third party interests. Practice Guide 19A Restrictions and leasehold properties.

Discharges If you are acting for an owner redeeming a charge, you must: Get a redemption statement that is as definitive as possible. Warn them about any further borrowing on the mortgage, which may cause a delay in the lender issuing the discharge. Practice Guide 31: Discharges of charges

Variations in names A disposal of the legal estate must be made by all the registered proprietors. Avoid problems by: checking the name carefully. If a person s name in a deed is different from that in the register, you need to account for that change, even if that person is coming off the register providing evidence to account for any discrepancies and confirm the correct name to be entered in the register

Execution of Deeds Avoid common problems with executing deeds by checking: each party s signature has been witnessed, and that the witness details have been included you are using the correct form of execution for the person or organisation involved Avoid the two main types of errors with powers of attorney by enclosing: a copy of a power confirmation of identity for an attorney, as well as the donor of the power when this is required Practice Guide 8 Execution of deeds

Confirmation of Identity We have to reject applications that are lodged without a required confirmation of identity. deed poll a statement of truth or statutory declaration When including ID for attorneys, enclosing a copy of power with an application is not sufficient by itself. We also require confirmation of identity to be provided for the attorney Practice Guide 67 Evidence of identity: conveyancers

Portal

Application List View

Title Deeds

MapSearch

e-drs

e-despatch

Notifications

Data Quality The quality of register data is important to: - Land Registry integrity of the Register - Registration customers certainty and assurance - Data customers accuracy of data Poor quality data leads to: - Inefficient practice - Customer dissatisfaction - Indemnity risk - Reputational damage

Example Company Name Variations COMPANY NAME COMPANY # D A PHILIPS & CO LIMITED 2120249 D A PHILIPS & CO. LIMITED 2120249 D A PHILIPS & COMPANY LIMITED 2120249 D A PHILLIPS & CO LIMITED 2120249 D A PHILLIPS & CO LTD 2120249 D A PHILLIPS & CO. LIMITED 2120249 D A PHILLIPS & COMPANY LIMITED 2120249 D A PHILLIPS AND CO LIMITED 2120249 D A PHILLIPS AND CO LTD 2120249 D A PHILLIPS AND CO. LIMITED 2120249 D A PHILLIPS AND CO. LTD 2120249 D A PHILLIPS AND COMPANY LIMITED 2120249 D A PHILLIPS CO LTD 2120249 D A PHILLIPS LIMITED 2120249 D. A. PHILLIPS & CO LIMITED 2120249 D. A. PHILLIPS & CO LTD 2120249 D. A. PHILLIPS & CO. LIMITED 2120249 D. A. PHILLIPS & CO. LTD 2120249 D. A. PHILLIPS & COMPANY LIMITED 2120249 D. A. PHILLIPS AND CO LIMITED 2120249

Data Data Data channels Quality of register data Free data publications Chargeable data publications Variations in names Execution of deeds

Property Alert

Local Land Charges

Introduction to Local Land Charges

Scale of Change

Measuring Success

Data Types 26 Million LLC records held in paper, digital and a combination of the two across 326 English Local Authorities

Timeline

Our Focus

The LLC Register

Customer Research Building the register with our users User research User stories Users informing the build of the register Informing approach to pricing Assisted digital

Customer User Research 66 15 9 2 1 user research meetings user stories residential conveyancers / solicitors commercial conveyancers / solicitors single, digital register