The proposal is as daft as it sounds - sell off the money making part, but keep the Office of the Chief Land Registrar, paid for by us taxpayers.
Central to any plans for the future is that we continue to protect the integrity of the register such that Land Registry’s role of underpinning the property market - by giving confidence to buyers, sellers and lenders - is not compromised.’
Chief land registrar and Land Registry chief executive Ed Lester said: ‘Land Registry’s business strategy is ambitious but achievable. The business strategy was created around customer needs and the changing face of the property market. I have confidence that by focusing on our customer needs, we would continue to improve our service delivery and make the process of dealing in land and property more efficient.’
So why does it have to be sold off if an already identified change of plan is thought to be necessary ?
I have signed.