{"id":14398,"date":"2016-05-26T00:58:14","date_gmt":"2016-05-25T17:58:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-the-land-registry-sell-off-hands-off-this-national-asset-editorial\/"},"modified":"2016-05-26T01:09:28","modified_gmt":"2016-05-25T18:09:29","slug":"the-guardian-view-on-the-land-registry-sell-off-hands-off-this-national-asset-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-the-land-registry-sell-off-hands-off-this-national-asset-editorial\/","title":{"rendered":"The Guardian view on the Land Registry sell-off: hands off this national asset | Editorial"},"content":{"rendered":"<p>&#013;<br \/>\nThe task of keeping the details of who owns what land in England and Wales is a natural state monopoly with which the public is happy. There is no respectable case for changeBy the end of this week, the course of one of Britain\u2019s historic institutions and public assets will be changed for good. Tomorrow, the government\u2019s consultation on the future of the Land Registry closes \u2013 and it explicitly rules out any continuation of the status quo. This, the paper says in commendably blunt language, is because it \u201cwould not meet the government\u2019s objectives of transferring the Land Registry into the private sector\u201d. In other words, it may claim to be a public consultation, it may invite the public to respond \u2013 but the results have already been rigged. Come hell, high water or public protest, the nation\u2019s record of who owns what property in England and Wales is going to be handed over to a private business.For an idea of how bizarre this situation is, consider a few things. First, there is no public demand for selling the Land Registry \u2013 quite the opposite. At the last count, this public service had a 94% customer satisfaction rate \u2013 and that remarkable result was considered a disappointment after consecutive scores of 98%. According to polling done on behalf of the campaign group We Own It, 70% of the public want the Land Registry to remain publicly owned. Second, the Land Registry is not some financial sinkhole, but is a reliable money-earner for the government. Third, as the single official record and enforcer of property ownership in England and Wales \u2013 land ownership in Scotland is another matter altogether \u2013 it is also a natural monopoly. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2016\/may\/25\/the-guardian-view-on-the-land-registry-sell-off-hands-off-this-national-asset\" target=\"_blank\">The Guardian view on the Land Registry sell-off: hands off this national asset | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The task of keeping the details of who owns what land in England and Wales&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-14398","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3Ke","jetpack-related-posts":[{"id":18268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-registry-sell-off-decision-likely-to-land-in-new-governments-lap\/","url_meta":{"origin":14398,"position":0},"title":"Land Registry sell-off decision likely to land in new government&#039;s lap","date":"July 1, 2016","format":false,"excerpt":"\r Business minister George Freeman suggests proposal is now a matter for new administration to resolve, with MPs strongly against privatisation The decision on whether to privatise the Land Registry will be passed to the next government, following strong opposition to the sell-off from Tory backbenchers, a minister suggested on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/george-osborne-get-your-privatising-hands-off-the-land-registry-john-healey\/","url_meta":{"origin":14398,"position":1},"title":"George Osborne, get your privatising hands off the Land Registry | John Healey","date":"May 27, 2016","format":false,"excerpt":"\r If you\u2019re a homeowner, your personal data on the most valuable asset you\u2019re ever likely to buy \u2013 your home \u2013 will be sold off to the highest bidderHas there ever been a less popular privatisation? On Thursday, before the consultation on George Osborne\u2019s latest attempt to privatise the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18124,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-registry-sell-off-is-short-term-profiteering-warns-labour-mp\/","url_meta":{"origin":14398,"position":2},"title":"Land Registry sell-off &#039;is short-term profiteering&#039;, warns Labour MP","date":"June 30, 2016","format":false,"excerpt":"\r David Lammy says \u00a31bn privatisation of property registry is politically led and harmful to public purse and transparencyThe government\u2019s plan to privatise the Land Registry is \u201ca purely political exercise\u201d that will bring higher fees for consumers and undermine efforts to make the housing market more transparent, says David\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-registery-sell-off-plan-put-on-hold\/","url_meta":{"origin":14398,"position":3},"title":"Land Registery sell-off plan put on hold","date":"September 7, 2016","format":false,"excerpt":"\r \u00a31bn sale plan paused as privatisation clause is dropped from neighbourhood planning bill prepared for parliament\u2019s approvalControversial plans to sell off the Land Registry have been put on hold, while the ministers review responses to the government\u2019s consultation.The Queen\u2019s speech in May included an outline of a neighbourhood planning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138951,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-left-out-of-pocket-after-two-year-delays-at-uk-land-registry\/","url_meta":{"origin":14398,"position":4},"title":"Homeowners left out of pocket after two-year delays at UK Land Registry","date":"August 27, 2023","format":false,"excerpt":"\r Administrative hold-ups leave buyers missing best mortgage deals and some owners unable to sellLong delays in registering properties with the Land Registry across Great Britain are causing frustration among homeowners and buyers with some being left out of pocket as a result.Latest figures from His Majesty\u2019s Land Registry show\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113949,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-584-price-tag-we-have-had-to-pay-for-land-registry-delays\/","url_meta":{"origin":14398,"position":5},"title":"The \u00a3584 price tag we have had to pay for Land Registry delays","date":"January 29, 2020","format":false,"excerpt":"\r We can\u2019t get our lease registered without a mortgage and can\u2019t get a mortgage without the RegistryMy partner and I extended the low lease of our new flat, a process which took nearly two years and cost \u00a325,000. Our solicitor submitted the documentation to the Land Registry. She informed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/14398"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=14398"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/14398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=14398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=14398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=14398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}