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Chief Secretary to the Treasury Steve Barclay MP has revealed the creation of a £26m fund to help deliver a faster property search service for homebuyers in England and Wales through a national Local Land Charges (LLC) Register.
Last December, the government announced its ambition to migrate all local authorities in England and Wales onto the central register by 2025.
This funding aims to make that target more achievable and ensure the homebuying process becomes quicker and simpler for everyone.
Local authorities which transfer their local land charges data to the LLC Register within an agreed timescale will receive transition payments.
Date Time
New £26 million fund to help local authorities speed up data transfers
The Chief Secretary to the Treasury, The Rt Hon Steve Barclay MP, has announced the creation of a £26 million fund to help deliver a faster property search service for homebuyers in England and Wales through a national Local Land Charges Register.
Last December, we shared our ambition to migrate all local authorities in England and Wales onto the central register by 2025. This funding makes that target more achievable and will ensure the homebuying process becomes quicker and simpler for everyone.
Local authorities who transfer their local land charges data to our Local Land Charges (LLC) Register within an agreed timescale will receive transition payments. In addition they will continue to receive existing burdens payments. This means the overall financial support available to local authorities is now more than £40 million.