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Sell-off plans for Llansamlet's Land Registry blasted by furious MPs

By South Wales Evening Post  |  Posted: March 04, 2014

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Llanelli MP Nia Griffith who is concerned at plans to part-privatise the Land Registry.

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A SOUTH WALES MP has labelled plans to part-privatise Llansamlet's Land Registry as "daylight robbery".

Fears have been raised about the future of the site — and 438 jobs there. The UK Government has announced plans to part-privatise the organisation which records the details of land ownership across Wales and England.

The coalition is looking at getting the private sector involved in running the department in a bid to save cash. Options include a joint venture with private company, or letting a firm take over the running of the organisation.

Llanelli MP Nia Griffith said: "Privatising the Land Registry would be nothing short of daylight robbery, robbing the taxpayer of millions of pounds.

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"The Land Registry currently brings in nearly £100 million into the Treasury in profits each year, so it is madness to steal this from the Treasury and stuff it into the pockets of private contractors, who would probably then add insult to injury by hiking the fees and ripping off the public.

"And who's to say that this Tory-LibDem Government wouldn't be wilfully incompetent and sell off the Land Registry at a bargain basement price, as they did with the Royal Mail, depriving the public purse of the true value of this asset?"

Swansea East MP Sian James has said she is deeply concerned and questioned who would really benefit from any sell-off.

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6 comments

  • nice_nails  |  March 04 2014, 7:20PM

    the Landregistry is a totally viable business, why sell something that makes a profit, maybe it's because there's no one in our government with the capabilities to run it correctly.. a quick fix for the government that we will pay for in the long run.

    |   3
  • abertawejack  |  March 04 2014, 3:45PM

    aha yea I thought I saw police in boots the other day, omg it's already happened.....GRIEF. Is nothing sacred anymore I ask?

  • Dai_Chotomy  |  March 04 2014, 3:20PM

    No Zoomer, that would be Boots!

    |   1
  • Zoomer  |  March 04 2014, 2:55PM

    I though that Tesco were after the NHS ?

    |   1
  • Dai_Chotomy  |  March 04 2014, 1:49PM

    Just wait, it won't be long until we see "Police to be sold to Tesco".

    |   1
  • abertawejack  |  March 04 2014, 11:09AM

    Just whom is in charge of our government resources these days: between the privatization of this that and other do we really need a Parliament: when I recall the Severn bridges to France along with our waste disposals, oil to USA and whomever, Airports to Spain along with our banks, What else have the Conservatives sold off, in their quest for "looking after their boys" nice little earner coming up I'm surmising here. Do we have any silver left I ask? no doubt Buckingham Palace will be next, or would it....mmm

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