From Thursday, 1 April 2021, fees charged for most registration services at Registers of Scotland (RoS) will increase. It should be noted that applications are registered the day after they are submitted so the increased fees will apply to all applications submitted from midnight on 30 March 2021 onwards. Last year the Keeper of the Registers of Scotland used her powers to induce a £10 increase in some fees in response to the impact that COVID-19 had, and is still having, on the housing market and the income generated by registration fees. The new registration fees have been approved by the Scottish parliament and are the first major revision since 2011.
What is increasing?
The good news is that not every cost is increasing. For example, the cost of registering or discharging an Advance Notice will remain £20. While Land Register and Sasine statutory registration fees, statutory search fees for properties with an address, and Extract and Plain Copy Deed fees are going up, everything else is remaining at the current rate. Solicitors across Scotland will welcome the fact that, due to the majority of applications now being done electronically, rejection and withdrawal fees are to be removed on all Land Register applications. It should also be noted that there is a discount for Discharges of Standard Securities that are submitted electronically.
Examples of some of the increases*:
- To register a Disposition in the Land Register where the price or value of the property is £150,000 the cost will increase from £250 to £260;
- To register a Standard Security in the Land Register the cost will increase from £70 to £80;
- A plain copy of recorded deed from the Register of Sasines will now cost £25 plus VAT. It was previously £16 plus VAT;
- A plain copy of a Title Sheet from the Land Register will now cost £25 plus VAT. It was previously £16 plus VAT;
- An extract of recorded deed from the Register of Sasines is now £35 plus VAT. It was previously £30 plus VAT; and
- A certified copy of an Advance Notice from the Land Register is now £35 plus VAT. It was previously £30 plus VAT.
Full details can be seen here: https://www.ros.gov.uk/about/publications/consultations-and-surveys/2020/fee-review-2020/fees-overview
What is RoS?
Registers of Scotland is a non-ministerial government department that is responsible for keeping public registers of land, property, and other legal documents in Scotland. They hold, and maintain, 20 public registers relating to land and property ownership in Scotland, including:
- the Land Register of Scotland;
- the General Register of Sasines;
- the Crofting Register; and
- the Register of Community Interests in Land.
Its main purpose is to populate the Land Register, documenting and protecting the legal rights of the owners, tenants, and third parties. It is used to maintain an open and public property register clearly showing the details for each title registered within and its corresponding cadastral map. Its current aim is to have 100% of titles in Scotland transferred to the Land Register by 2024 but there is still some way to go before this will be fully realised.
Our offices across Scotland remain closed as we continue to follow the government’s COVID-19 guidelines, but our Property team are continuing to advise clients and provide our usual services. They are available for any questions that you may have regarding this article or buying/selling property.
*figures taken from The Registers of Scotland (Fees) Amendment Order 2021
If you need any advice please get in touch with Blackadders’ Residential Property Team, working in Aberdeen, Dundee, Edinburgh, Glasgow, Perth and across Scotland.
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