What does 'Land registry' mean when buying a property?
Find out what Land registry means when you are buying a property. 'What does Land registry mean?' plus over 150 other property related terms and jargon in plain English
Land Registry is the government office for England and Wales that records every property transaction for these regions.
They are often quoted by the press because their data is accurate - they are actual sales that have completed rather than current asking prices.
However this data should be treated with caution as it is historical and lags behind the real market. Sales that completed last month usually represented offers made and accepted 2-4 months ago and property markets can change dramatically in that time period
To find out more about the different ways you can assess the current property market in your area and understand the many different sources of information pick up a copy of my ebook How to Really Buy a Property.