New Land Registry Fees to come in from 31st January 2022

From 31st January 2022, some of HM Land Registry’s land registration fees will increase.

The last increase to their fees was back in 2009, so it is not surprising that fees have now been reviewed.

This will affect applications for first registration and for the registration of transfers, leases, and mortgages of property (scales 1 and 2).  For the majority of affected applications – those submitted electronically – the fee will increase by 11%. Those submitted by post will increase by 21%.

In addition, there will be some minor changes to fees and exemptions. The main changes in this respect are as follows:

• Including a specific reference to the fee for applications for an entry relating to Right to Manage companies under the Commonhold and Leasehold Reform Act 2002. This is to make this clearer, as there is no change in the fee.
• Change in fees for obtaining historical copies of the register, so they align with the fees for official copies of the register.
• A new exemption for requests to note disclaimers of properties made by liquidators, the Treasury Solicitor, and trustees in bankruptcy.

The Land Registry say that “the fee increase allows HM Land Registry to move forward with plans to deliver what customers need – more consistency and speed in service delivery by investing in both operational capacity and accelerating the digitalisation and automation of services.”

More information on the New Fee Order can be found here

Our nationally recognised Residential Conveyancing Team and Legal 500 recognised Commercial Property Team, will keep you up-to-date on your matters, as to likely Land Registry fees, but it must be noted that the Land Registry fee payable will depend upon timings, given the fee change due from 31^st January 2022.