Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the (a) time taken to process applications at the Land Registry and (b) adequacy of that waiting period.
HM Land Registry (HMLR) receives 120,000 applications per day, of which 95% are processed within the service standard of 5 days for register updates (to an existing title) and 25 days for more complex applications that require the creation of a new title (for example on the first registration of a property or a new lease). There is a backlog of some complex casework involving the creation of a new title, which account for 5% of applications.
HMLR recognise that this situation needs addressing and are implementing plans to reduce the waiting times for those cases. These applications relate to an already completed property transaction but HMLR will expedite cases where necessary to avoid adverse impacts on customers.