HM Land Registry has hailed progress made by conveyancers to cut the number of ‘avoidable’ errors in applications – but pressed ahead with its decision to make their error rates public.
A ‘requisition’ is a formal request for information, which is sent out when Land Registry is unable to complete a registration application because necessary information is missing, incomplete or wrongly drawn.
Land Registry has been publishing data on the number of requisitions that conveyancing firms receive since 2019. However, earlier this year it announced its intention to publish data on ‘avoidable’ requisition rates. Yesterday, data for April to September was released.
Land Registry interim chief executive Iain Banfield said: ‘Firms have told us they want clearer insight into where they can improve, and this dataset provides that. The progress we’ve seen over the past six months shows what is possible when we work together.
'There is still more to do, but these results demonstrate real momentum and a shared commitment to reducing delays for our customers and their clients. We thank all our customers for their efforts and look forward to continuing this progress together.’
While the data is being published to ensure complete and correct applications are submitted first time round, Land Registry said significant progress has been made over the past six months, with 20% of conveyancers now having an avoidable requisition rate under 1%, compared with 17% a year ago. ‘But some firms still hit higher rates, so the challenge remains,’ Land Registry said.
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