News In Focus
Registers of Scotland opens fee review consultation
Registers of Scotland has opened a consultation on its next fees order, as part of its regular two-yearly fee review process.
The next order will be the first one made under the Land Registration etc (Scotland) Act 2012, and includes provision for new services provided under the Act.
No changes are proposed to the main registration and recording fees, including the fees for the Chancery and Judicial Registers, the Register of Community Interests in Land and the Crofting
Register. Account has been taken of the still fragile housing market, and the Keeper’s commitment to ministers not to seek an increase in core registration fees as a result of the 2012 Act. This means that fees will not have increased since 2010. The rejection fee will be retained at £30, and will also apply to applications that were previously subject to a cancellation fee.
However the Keeper is proposing that she will have the power to vary fees in between fees orders to a maximum of plus or minus £10 on the fees prescribed.
Charges for consultancy, advisory or other commercial services provided by the Keeper under section 108 of the 2012 Act will be set by the Keeper and/or agreed with the customer. It is proposed that charges for these products be removed from the fees order. The pricing policy adopted will be consistent with the principles of the Information Fair Trading Scheme, in which RoS are accredited, and in accordance with UK and EU competition law.
Under the 2012 Act, a new system of advance notices will remove the need for solicitors to grant letters of obligation. A £10 charge is proposed for such notices for the first 12 months. Reports prior to registration and reports on registered subjects (forms 10-14) will also no longer apply, but the nature and form of their replacements have yet to be determined.
Click here to access the consultation. The deadline for responses is 24 January 2014.