![]() ![]() The fee is at the rates shown in the 'Voluntary registration' column of table 1 above. The fee is calculated on the value of the plot of land. Where an application for voluntary registration is made under section 27 of the Act a reduced fee applies. The fee payable is calculated using the rates specified in column 1 of table 1. Deeds where land is excambed or exchangedįor applications to register a deed where the land has been excambed, or exchanged, the fee is based on the value of the land. ![]() Where an application is made for registration of a disposition over an unregistered plot, with the sole purpose of evacuating a survivorship destination, the fee is based on the value of the land because a First Registration is taking place. ![]() Where an application is made for registration of a disposition over a registered title, and the sole purpose of the disposition is to evacuate or add a survivorship destination and the name and designation of the proprietor remains the same the fee is £80 for each title sheet affected. Dispositions evacuating and adding a survivorship destination the deed is self-proving and the remaining duration of the original lease is in excess of 20 years). The deed will be acceptable for registration provided (1) the essentials of a valid lease are identified (parties, rent, duration, property), (2) the deed is valid, and (3) the deed is registrable (i.e. Where the deed varies a registered lease to include additional areas of land or assigns the tenants interest in the lease, the keeper will treat this as a new grant of lease/assignation over the additional subjects and a full registration fee will be charged accordingly. Where the deed being registered extends the duration or varies the terms of a lease without either The fee payable is calculated using the rates specified in table 1. estimated, where that amount cannot be quantified,Īt the date an application to register the grant of lease is made.įor example, for a new lease where the annual rent that would be payable in the first year of a lease would be £100 but the lease specifies that the rent that would be due on the 10th year of the lease would be £10,000 the fee would be based on 10 x £10,000.įor an assignation of lease, the fee would be calculated as above but using any new rental figures provided for by the assignation.Relevant rent means the largest amount of annual rent a lease reserves within the first 10 years of its term that can be: Where the deed being registered is the grant of a new lease, sub-lease or is an assignation of an existing lease or sub-lease, the fee is calculated on the total of the consideration (if any) provided for in the deed plus 10 times the relevant rent. Where the consideration consists of a yearly or periodical payment, the consideration is calculated at 10 years purchase. This additional fee does not apply to shared plot title sheets or shared lease title sheets where the deed affects the sharing plot title sheet. Where the deed transferring land affects more than one title sheet, in addition to the fee specified in table 1, a fee of £80 is payable for each title sheet affected other than the first. Where an application for Voluntary Registration is submitted using the VR application type the fees specified in column 3 will apply. These rates will apply to applications to register the following deeds: The fee is calculated using the rates in table 1 below. Where the deed being registered transfers the ownership of a property, or is evidential to the transfer, then the fee that is payable is based on the consideration narrated in the deed or the value of the property (whichever is greater). Deeds transferring the ownership of a property ![]()
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