§ Sir Michael ShersbyTo ask the Parliamentary Secretary, Lord Chancellor's Department what consultations the Land Registry has had with other parties regarding disclosure of the price paid for a property; and if he will make a statement. [24951]
§ Mr. Jonathan EvansThe Land Registry became open to public inspection in 1990 and in December 1993 the Land Registry issued a consultation paper on a proposal to restore "price paid" information to the Land Register.
Some 45 responses were received from professional bodies and other interested parties. The Lord Chancellor and the Chief Land Registrar decided that other proposals—to extend the mechanisms for bringing unregistered property on to the Land Register—should take higher priority. The Lord Chancellor plans to proceed with those proposals when there is an appropriate legislative opportunity.