Fee Order 2012 - Land Registry

Land RegistryFee Order 2012— it clarifies the fees to be paid when a customer applies for anobligation to make further advances or for a maximum amount ofsecurity to be entered in the register— the fee exemption for applications to make an entry relating tochurch chancel repair rights will end on 13 October 2013— there will be a fee for online applications for historical copies ofregister entries – we are planning to introduce this new onlineservice in the near future.— the discounted fee for voluntary first registrations on mines andminerals will not be available and the first registration fee willapply.8 Fees initially increased by 30 per cent in 2009 – why have youdecided to reduce by 10 per cent?Land Registry fees are based on volume of applications received, valueof property and our internal overheads.In 2009 there was a decline in the volume of applications at a timewhen overheads were fixed which led us to face a major loss. Inorder to recover this loss, we increased our fees. Since then we havereduced operating costs as a result of the Accelerated TransformationProgramme but volumes of applications are still well below the levelof the years preceding the property market crash. Had the number ofapplications increased significantly, we might have been able to reducefees further.9 When submitting applications, will online tools and supportingmaterials change?Yes, we have already updated the ready reference guide on fees andover the next 12 weeks, we will update the fees calculator.10 Will this fee order change again in future?This fee order will be in place over the next few years. However, we areplanning a review on the future of our fee structure.11 How will we know when the new fee order has beenimplemented?We will keep you informed of developments as we progress towardsimplementation through our website. We will also issue new editions ofour fee cards.12 Where do I go for more information?For more information about the new Fee order 2012, please visit ourwebsite or contact the Customer Service & Handling Team at fees@landregistry.gsi.gov.uk