The government has confirmed it is reviving plans to privatise parts of the Land Registry. In yesterday's Autumn Statement, the Chancellor confirmed there will be a consultation on moving Land Registry operations to a private sector.
This is an unpopular proposal for those that use the Land Registry, with fears that privatisation would undermine this government service. A "private" service delivery company would undermine the Land Registry's core function which is to provide a "public" property registration service.
So far assets totalling £4.6bn have been earmarked for disposal, the Chancellor announced in the Autumn Statement. Those include the Land Registry, which could be sold off in 2017, while the Goverment has said it will "develop options to bring private capital into the Ordnance Survey by 2020".