Land Charges – financial statement as required by regulation 9 of The Local Authorities (Charges for Property Searches) Regulations 2008
Estimates for financial year 2011/12
Estimated total cost to authority – £276,000
Estimated search numbers:
- Answering queries about a property - 2600
- Access to property records – 250
Estimates are based on figures for 2010/11.
Summary of costs and income for financial year 2010/11
a) the total costs to the authority in granting access to property records or performing internal transactions – £4986
b) the number of requests to which these costs relate - 684
c) the total income (or notional income) to the authority from charges and recharges made under regulation 5 (charges for access to property records) – £4986
d) the total income to the authority from charges made under regulation 8 (answering enquiries about a property) – £254,695
The above statement has been approved by Tim Richens, Divisional Director Finance for Bath & North East Somerset Council in accordance with regulation 9(4) of the above regulations.