Land Registry Registration Fees

21/07/2015

Land Registry Registration Fees: these are fees payable to the Land Registry by the buyer whenever property in England & Wales changes ownership. The fees are payable, like Stamp Duty Land Tax, after completion and normally represent the last actions in the conveyancing process.

What is the Land Registry?

The Land Registry is a non-ministerial Government body whose function is to:

1. Provide a reliable record of information about ownership of and interests affecting land.
2. Provide owners with a land title that is underpinned by the state.
3. Simplify the transfer of land.

Individuals and organisations in England & Wales who become landowners or own interest in land must legally apply to the Land Registry to:

1. Register unregistered land ("First Registration")
2. Register a new owner of a registered property following a sale with details of any mortgages or leases affecting the property
3. Register an interest affecting registered land, such as a mortgage, a lease or a right of way.

The Land Registry records many items of data and its website can be searched for example for current house prices and price movements at the national, regional and even local level.

What are the Land Registry registration fee rates for residential home buyers?

Land Registry registration fee rates are as follows. These apply to standard residential property transfers. It can be seen that you can save 50% of the fee by conducting the transaction electronically i.e. online, via the Land Registry's portal. For Transfer of Part (TP1), Remortgages and Transfers of Equity, please see below.

A conveyancing solicitor should not charge extra for processing this fee for you although some do.

Value of property sold (£) Fee - Electronic Fee - Postal
0 - £80,000

£20 £40
£80,001 - £100,000

£40 £80
£100,001 - £200,000

£95 £190
£200,001 - £500,000

£135 £270
£500,001 - £1,000,000

£270 £540
£1,000,001 and over

£455 £910


What are the Land Registry registration fee rates for transfers of equity and remortgages?

Land Registry registration fee rates are as follows. Once again, it can be seen that you can save 50% of the fee by conducting the transaction electronically i.e. online, via the Land Registry's portal.

A conveyancing solicitor should not charge extra for processing this fee for you although some do.

Value of property sold (£) Fee - Electronic Fee - Postal
0 - £100,000

£20 £40
£100,001 - £200,000

£30 £60
£200,001 - £500,000

£40 £80
£500,001 - £1,000,000

£60 £120
£1,000,001 and over

£125 £250




All Land Registry fees quoted were correct at press time and taken from the LR's most recent publication. which concerned applications received by it on or after 17 March 2014.


If you have any questions about Land Registry registration fees or further guidance about more in-depth Land Registry matters, call 0333 344 3234 or email help@samconveyancing.co.uk.


Land Registry
 
 
 
 
 
 

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