Written Question · S2W-14488 · Session 2
What the average cost is of the registration of (a) title and (b) re-mortgage of individual domestic properties.
The question
To ask the Scottish Executive what the average cost is of the registration of (a) title and (b) re-mortgage of individual domestic properties.
The answer
Registers of Scotland collates information on the average cost of processing each of the different types of application in the Land Register, and an average cost for all deeds that are recorded in the General Register of Sasines. There are three different types of application that may be made to the Land Register. These are:
First registrations of previously unregistered property;
Transfers of part of property registered in the Land Register (such as subdivision of that property by a sale), and
Dealings with Whole, which are transactions affecting the whole of registered property.
The average costs for each of these types of application is set out in the following table:
Application
| Average cost
First Registration (Land Register)
| £321.23
Dealing (Land Register)
| £50.41
Transfer of Part (Land Register)
| £246.07
Sasine Register
| £27.03
Applications for the registration of mortgage transactions (including re-mortgages) in the Land Register are classed as Dealings and included within that average cost.
First registrations of previously unregistered property;
Transfers of part of property registered in the Land Register (such as subdivision of that property by a sale), and
Dealings with Whole, which are transactions affecting the whole of registered property.
The average costs for each of these types of application is set out in the following table:
Application
| Average cost
First Registration (Land Register)
| £321.23
Dealing (Land Register)
| £50.41
Transfer of Part (Land Register)
| £246.07
Sasine Register
| £27.03
Applications for the registration of mortgage transactions (including re-mortgages) in the Land Register are classed as Dealings and included within that average cost.
In the Official Report
No contribution in the Official Report cites S2W-14488 by reference.