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Until April 2020, HM Land Registry received no government funding, being required to ensure that its income covers expenditure, and finances itself from registration and search fees. As of April 2020, HM Land Registry receives a budget from HM Treasury and was the result of HM Land Registry's trading fund being revoked. [8]
The Land Registry has been dealing with the registration of all transactions (purchase, sale, mortgage, remortgage and other burdens) concerning registered land since 1892, and issued land certificates which are a state guarantee of the registered owner's good title up to 1 January 2007. Land Certificates have been abolished by virtue of ...
In a limited number of cases, agreements and trusts will be unenforceable unless they meet a certain form prescribed by statute. The main kinds of formality that a statute can require are to put the transaction in writing, to make a deed, or to register it at a government registrar (such as HM Land Registry or Companies House).
The Land Registration Act 2002. London: Butterworths Law. ISBN 0-406-95764-9. Law Commission & HM Land Registry (2001) Land Registration for the Twenty-first Century – A Conveyancing Revolution, London: The Stationery Office; Office of Public Sector Information (2002). "Explanatory Notes to Land Registration Act 2002". The National Archives
HM Land Registry does not require interests acquired through informal methods to be recorded, which usually reflect social and family interests in property. Reflecting the social use of land, the priority system of land registration and the Register's record of all interests in land has made significant exceptions for informal methods of ...
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On 16 January 2014 HM Land Registry (which is responsible for the collation and maintenance of records of ownership and charges (mortgages) relating to land/property) has issued a press release informing of a project that it has undertaken for the past two years with a view to the taking over of the local land charges function from local ...
By 2013, 82 per cent was formally registered at HM Land Registry. [1] In 2010, over a third of the UK was owned by 1,200 families descended from aristocracy, and 15,354 km 2 was owned by the top three land owners, the Forestry Commission, National Trust and Defence Estates. [2] The Crown Estate held around 1,448 km 2.