Property News · June 30, 2016

Land Registry sell-off 'is short-term profiteering', warns Labour MP


David Lammy says £1bn privatisation of property registry is politically led and harmful to public purse and transparencyThe government’s plan to privatise the Land Registry is “a purely political exercise” that will bring higher fees for consumers and undermine efforts to make the housing market more transparent, says David Lammy, a former Labour minister.The MP for Tottenham, north London, will lead a debate in parliament on Thursday arguing against the proposed £1bn-plus sale of the registry, which records and keeps details of property ownership across England and Wales. Continue reading…

Source : theguardian.com
Read more…Land Registry sell-off ‘is short-term profiteering’, warns Labour MP