The sale of the Land Registry into private hands has been officially – if quietly – abandoned.
The news was buried deep in the small print of the Autumn Statement.
Andrew Lloyd, managing director of Search Acumen, said that a sale would have threatened transparency, freedom of information and equal access to regulated data.
He said: “This victory for common sense should mean that the prospect of privatisation is permanently consigned to the history books regardless of future changes in government.
“Now efforts can focus on supporting the Land Registry to stay ahead of the digital curve and enhance the flow of information around the industry.
“The organisation has already taken great strides into the digital space, and by maximising the opportunities for collaboration with forward-thinking, data-savvy businesses, it can play a vital role in helping the whole land and property buying process become more efficient, productive and open.”
Really, really good news for data providing services.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
This was a fine example of different groups coming together as one to influence a government decision. Solicitors, Estate Agents, Trades Unions, Businesses, MP’s across all parties, and the public all came together in a campaign to stop the privatisation of the Land Registry. It should serve as an example that people can make a difference if they are tenacious.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Lets hope the voices of common sense work on tenancy fees then!
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register