To ask the Secretary of State for Justice what estimate he has made of the potential savings to the public purse of the reconstitution of the Land Registry in each of the next five years.

As a trading fund Her Majesty's Land Registry is a self-funding organisation that is not funded by the public purse.

On 17 March Land Registry announced the outcome of a consultation on its Accelerated Transformation Programme. The figures published in the decisions report indicate the following savings over the next five years:

On 14 October it was announced that the Ministry of Justice would be carrying out a feasibility study into private sector involvement in Land Registry, with a range of options being considered. The outcome of the study will be announced in the new year.