Written Answers
Friday 27 June 2014
Land Registry
Question
To ask Her Majesty’s Government how many dwellings have had their prices or values recorded at the Land Registry since 1 April 2000; and what proportion of all dwellings now have a transaction price or value recorded with the Land Registry. [HL410]
The Parliamentary Under-Secretary of State, Department for Business, Innovation and Skills (Viscount Younger of Leckie) (Con): Land Registry holds information on 23.9m title numbers. Title numbers are made up of residential properties, commercial properties and areas of land.
Price paid entries on the register were introduced on 1 April 1990 and since then 13.4m title numbers have at some point had a price paid entry on the register.
From 1 January 1995 Land Registry also recorded information relating to11.8m residential properties sold for full market value. This equates to 49.8% of residential properties having a transaction price or value stated recorded.
Sovereignty: Scotland
Question
Asked by Lord Smith of Finsbury
To ask Her Majesty’s Government what is their current estimate of the time it will take, in the event of a “yes” vote in the Scottish referendum on 18 September, for the necessary legislative and administrative preparations to be made for the implementation of independence.[HL306]
Lord Wallace of Saltaire (LD): It is not possible to predict the time needed for the preparations that would be necessary in the event of a “yes” vote in the Scottish referendum.