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Online review 2006/7 Key Performance targets 06/7 Contents Previous Next

    How we performed against our key performance targets 2006/7

    Target 06/7

    Achieved

    Customer service

    Speed
    Percentage of official copy and official search applications processed within two working days

     


    98

     


    98

    Percentage of all registrations processed within 18 working days

    80

    88.6

    Accuracy
    Percentage of registrations processed free of any error


    98.5


    98.8

    Overall satisfaction [1]
    Percentage of customers who, overall, are very satisfied/satisfied with the full range of services provided by Land Registry


    Better than 95


    98.4

    Financial
    Percentage return on average capital employed


    3.5


    23

    Efficiency [2]
    Cost per unit in cash terms [3] (real terms) [4]


    £29.89
    (£21.17)


    £25.84
    (£18.30)

    Strategic development areas

    Customer service
    Introduce imagery-based access to Land Register Online



    Achieved - Aerial Land Locator launched in June 2006

    Land registration
    Add a further 700,000 hectares of land to the total area of registered freehold land in England and Wales


    Achieved [5] - 1 February 2007 - 780,554 at year end

    Electronic service delivery
    Introduce a prototype Chain Matrix service to provide transparency to residential conveyancing chains


    Achieved - Chain Matrix prototype launched 29 March 2007

    Other business
    Establish a Land Registry Portal as a first step in implementing a single integrated customer interface for all electronic Land Registry information and services


    Achieved - Portal access established October 2006

    1. Result from quarterly satisfaction survey (Ytd Quarter 4).
    2. This is the final-year target towards the the Treasury-agreed cost per unit target for 2006/7 of £29.89 in cash terms (£21.17 in real terms). Target adjusted for revised pension costs.
    3. Based on the GDP deflator issued by the Treasury on 21 March 2007 (base year 1992/3).
    4. The real-term unit cost in the base year of 1992/3 was £30.65.
    5. Based on title extents.