Land Registry Back to home page To Welsh language site  


contact us
| navigation map

 
  Land Registry
Search
Search
House prices
Registering your land
E-conveyancing
Education & training
Your information rights
Practice
Property information
E-services
Business e-services
Find a property
Mortgage e-signature
Land Registry Direct

Add value products
Publication schemes

Online Annual Review 2005/6

Indemnity

This year £3,516,061 was paid for 914 claims, compared with £3,928,258 for 894 claims last year. The largest payment was in excess of £8 million (including legal costs) in respect of losses arising from the registration of a fraudulent transfer of a large, valuable property. The property was registered in the name of an overseas company and a transfer from that company was forged and subsequently registered. The resulting dispute and claim was the subject of litigation which was settled following mediation. The overseas company was restored as proprietor of the land. A police investigation into the crime is continuing and Land Registry is pursuing the recovery of the money it has paid. We have reviewed our procedures on forgeries as a result of this case.

We have recovered £178,809 under our statutory right of recourse, compared with £28,360 last year.

Main Menu


Foreword: Chief Land Registrar and Chief Executive


Mission, vision, strategy


Our whole business


Performance against our key performance targets

Customer service and operations

Intakes and outputs

Speed

Accuracy

Customer satisfaction

Charter Mark

Service First and standards of service

Open and full information

Consultation and involvement

Accessibility and the promotion of choice

Welsh language service

Putting things right

Independent Complaints Reviewer

Indemnity