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Showing posts with the label data and power

shock horror Hang on ,,,Why Land Registry Privitisation, is a good thing & long over due

The land Registry , will be sold off and privatised , shock horror some say, including middle aged public school boys. jack of all trades ,estate agent ,property buyer,analist In a consultation document, the government set out several models for the new agency, with its preferred option being privatisation with a contract to the government. This could be in place by 2017. Other options include a mutual joint venture between government and a private firm and privatisation with a new regulator in place The consultation document said that in recent years Land Registry’s income had exceeded its expenditure as a result of the housing market recovery. In 2014/15 total costs were £260.5m, while revenue hit £297.1m. The Department for Business, Innovation and Skills said Land Registry would continue to support the property market. “A sale of Land Registry could allow government to pay down debt, or enable other investment for the benefit of taxpayers,” the department said i...