2016 May 03

The government have proposed to privatise the HM Land Registry as part of its plan to raise capital. The Secretary of State for Business, Innovation and Skills argues that the Land Registry ‘could have more freedom in the private sector to continue to evolve into a high performing, innovative business, delivering for customers and the wider market in a 21st century, and digital economy’. However HM Land is entirely self-funding and has returned a significant dividend to HM Treasury in all but one of the last 20 years. In the year 2014-15 this amounted to £126m.