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This article was published on December 7th, 2021
From the 31st January 2022, there will be changes made to some HM Land Registry fees for the first time since 2009.
The agency announced in early November that fees for applications including first registration and the registration for transfers of title, leases and, mortgages are set to rise by up to 21%.
Applications fees will be dependent on how they are submitted. Those submitted electronically will rise by 11%, while those sent by mail will rise by 21%.
Scale 1 and scale 2 currently have different fees for application by post, an application using the portal or business gateway, transfers or surrenders which affect the whole of a registered title and voluntary first registration for a reduced fee. HM Land Registry will continue to have a range of fees for scale 1 and scale 2 but each application is set to have a price increase.
For example, for Scale 1, applications by post currently range from £40 for the value of £0 to £80,000 and up to £910 for the value of £1,000,001 and over. Once the new changes are in place the fees will instead range from £45 for the value of £0 to £80,000 and £1,105 for the value of £1,000,001 and over.
Whereas scale 2 fees for application by post currently range from £40 for the value of £0 to £80,000 up to £250 for the value of £1,000,001 and over. The new 2022 increase will see fees range from £45 for the value of £0 to £80,000 and £305 for the value of £1,000,001 and over.
In addition to this, there will also be some other changes to fees and exemptions including:
A specific reference to the fee for applications for an entry relating to Right to Manage companies under the Commonhold and Leasehold Reform Act 2002. This is to ensure that this is clear, as the fee has not changed.
Adjustments to fees for obtaining historical copies of the register so that they align with the fees for official copies of the register.
A new exemption for requests to note disclaimers of properties made by liquidators, the Treasury Solicitor, and trustees in bankruptcy.
The announcement for changes to HM Land and Registry fees comes in light of progressive plans to deliver what the customer needs. They hope that by investing in both operational capacity and speeding up the digitalization and automation of services, more consistency and speed in service delivery will be achieved for customers.
For more information about the new HM Land Registry fees and other changes in January next year, visit the government website.