A further £26m was promised to local authorities to speed up migration of local land charges (LLC) services to HM Land Registry (HMLR). Government’s aim is that all local authorities will have migrated onto the central register by 2025. HMLR’s director of transformation, Karina Singh, said: “Research suggests that 6 per cent of property transactions fail, costing between £700 and £2,700 per transaction. By enabling earlier access to LLC information these costs should reduce, making the conveyancing process better for all parties.”

 

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