8. What plans the Government have for the future of the Land Registry and jobs in its office in Wales. (902460)
The Government are currently consulting on the proposal to create a new company, still subject to Government oversight, which would be responsible for delivering land registration services.
The Land Registry has a customer satisfaction rating of 98%. As a trading fund, it does not cost the taxpayer anything; indeed, it makes a significant surplus year on year. It made £98.8 million in the past year alone, yet the Government are now consulting to end its trading fund status. Will the Minister confirm that if, as a result of the consultation, the status of the Land Registry is changed to that of a Government-owned company, the people of Swansea will be protected, jobs will be protected and the services will not be changed?
I thank the hon. Lady for her question. I will say again that no decisions on implementation have yet been taken, as all views from the consultation on the right commercial model for Land Registry need to be considered before any decision is taken. None the less, we expect that the majority of staff will be transferred to the new service delivery company, with a small minority remaining in the office of the chief land registrar.