STAND NUMBER: 670
HM Land Registry
What does HM Land Registry do
We register the ownership of land and property in England and Wales.
HM Land Registry safeguards land and property ownership worth in excess of £4 trillion, including around £1 trillion of mortgages. The Land Register contains more than 25 million titles showing evidence of ownership for more than 85% of the land mass of England and Wales.
Anyone buying or selling land or property, or taking out a mortgage, must apply to us to register:
• unregistered land or property
• any new owner of registered land or property
• an interest affecting registered land or property, such as a mortgage, a lease or a right of way
When considering each application, we use the law to decide whether and how it should be registered.
Once land or property is entered in the register, we record any ownership changes, mortgages or leases that affect it. Anyone who suffers loss because of an error or omission in the register, or because the register needs to be corrected, will normally be compensated.
We are committed to carrying out our statutory and commercial business with fairness, openness and honesty. We have policies and procedures to prevent bribery.
Who is HM Land Registry
We are a government department created in 1862. We operate as an executive agency and a trading fund. Our running costs are covered by the fees paid by the users of our services.
HM Land Registry is part of the Department for Business, Energy and Industrial Strategy (BEIS). Chief Executive and Chief Land Registrar Graham Farrant is responsible to Rt Hon Lord Henley, BEIS Parliamentary Under Secretary of State for the effective and efficient day-to-day management of Land Registry.
We employ over 5,000 people, working in 14 locations.
HM Land Registry`s responsibilities
Within England and Wales, our responsibilities are to:
• provide a reliable record of information about ownership of and interests affecting land and property
• provide owners with a land title, guaranteed by the government
The Land Registration Act 2002 empowers us to deal with `the business of registration under this Act` and is our primary governing statute. The Infrastructure Act 2015 will enable HM Land Registry to become the sole registering authority for Local Land Charges. We are currently building a single centralised digital service for Local Land Charges and will have wider powers than those contained in the Land Registration Act 2002 to develop new services to benefit the wider property market.
HM Land Registry`s Vision and Values
Our vision is `Your land and property rights: guaranteed and protected`.
Our values are:
• we give assurance
• we have integrity
• we drive innovation
• we are professional
0300 006 4237