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Land Registry fees are changing – How will this affect you?

Posted on December 22nd 2021

 

On the 31st January 2022, Land Registry fees will be increasing. If you are purchasing or remortgaging a property from this date, then you will be affected by this change.

In order to register the property in your name and to update details of lenders at the Land Registry the post completions team will need to submit the necessary documents along with a fee. The fee that needs to be paid will depend on whether you are purchasing a property or remortgaging a property and the value of the property or loan.

 

 

The current fees for purchases are as follows:

Value or amount Applications for transfers or surrenders which affect the whole of a registered title Applications for registrations of all leases and transfer or surrenders which affect part of a registered title
£0 to £80,000 £20 £40
£80,001 to £100,000 £40 £80
£100,001 to £200,00 £95 £190
£200,001 to £500,000 £135 £270
£500,001 to £1,000,000 £270 £540
£1,000,001 and over £455 £910

 

The fees as of the 31st January 2022 will be:

Value or amount Applications for transfers or surrenders which affect the whole of a registered title Applications for registrations of all leases and transfer or surrenders which affect part of a registered title
£0 to £80,000 £20 £45
£80,001 to £100,000 £40 £95
£100,001 to £200,00 £100 £230
£200,001 to £500,000 £150 £330
£500,001 to £1,000,000 £295 £655
£1,000,001 and over £500 £1105

 

The current fees for remortgages are:

Value or amount Applications for transfer of a whole, charges of whole, transfers of charges and other applications of whole of registered titles Applications for registration of transfers of part, and all other applications that do not affect the whole of a registered title
£0 to £100,000 £20 £40
£100,001 to £200,000 £30 £60
£200,001 to £500,000 £40 £80
£500,001 to £1,000,000 £60 £120
£1,000,001 and over £125 £250

 

 

The fees from the 31st January 2022 will be:

Value or amount Applications for transfer of a whole, charges of whole, transfers of charges and other applications of whole of registered titles Applications for registration of transfers of part, and all other applications that do not affect the whole of a registered title
£0 to £100,000 £20 £45
£100,001 to £200,000 £30 £70
£200,001 to £500,000 £45 £100
£500,001 to £1,000,000 £65 £145
£1,000,001 and over £140 £305

 

If you have any questions or queries regarding your Land Registry fees, contact us today on 01244 312306 or using our contact form.

Call and speak to a lawyer on 01244 312306