Land Registry

Lord Stevenson of Balmacara Excerpts

Tuesday 2nd February 2016 Lords Chamber

[Lord Stevenson of Balmacara (Lab)]

My Lords, if the Land Registry is purchased, I assume that the Government will put in place measures to prevent a new commercial owner exploiting access to the register for commercial gain. If so, will that not reduce the price?

[The Earl of Courtown]

My Lords, obviously, as the consultation has not taken place and we do not actually know how the sale will be established, we cannot even talk about the price. But the noble Lord makes a point about exploitation, and he is quite right that those aspects must be guarded.