UNECE WPLA London 2012, John Meadows, Land Equity International, Australia, What should the vision be for land registration authorities to meet changing market needs? Presentation to the UNECE Working Party on Land Administration, London 2012: http://www.landregistry.gov.uk/announcements/2012/unece-conference-2012

1. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
Conference Session 4:
What should the vision be for land registration
authorities to meet changing market needs?
John Meadows
Land Registration Consultant
Land Equity International
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
“Those who claim to see the future are
lying – even if by chance they are later
proved right”
Arabic Proverb
“The only way to predict the future is to
have power to shape the future”
Eric Hoffer
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• Have market conditions changed?
• What are the causal factors?
• How have the changes affected land registration
authorities?
• How should land registration authorities respond
to changing market needs?
1

2. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• Have market conditions changed?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• What are the causal factors?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How have the changes affected land
registration authorities?
2

3. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
HM Land Registry - Total Application received Per Annum
2005 -2012
40000000 Lehman Collapse
35000000
September 2008
30000000
TIONS
25000000
TOTAL APPLICAT
20000000
15000000
10000000
5000000
0
2005/6 2006/7 2007/8 2008/9 2009/10 2010/11 2011/12
REPORTING YEAR
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
Property Registration Authority Ireland (PRAI) Applications
For Registration 2002 - 2010 Lehman Collapse
300000 September 2008
250000
200000
cations
Total Applic
150000
100000
50000
0
2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/10
YEAR
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
IMF Global Growth Forecasts July 2012
10
8
6
owth
% gro
4
2
0
-2
Eurozone Spain UK USA CHINA
2012/13 2012/13 2012/13 2012/13 2012/13
3

4. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• Changing Market Conditions – Other Factors?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How should land registration authorities
respond to changing market needs?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How should land registration authorities
respond to changing market needs?
4

5. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How should land registration authorities
respond to changing market needs?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How should land registration authorities
respond to changing market needs?
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• How should land registration authorities
respond to changing market needs?
5

6. UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
• What should the vision be for land registration
authorities to meet changing market needs?
• Possible themes:
• Providing Legal Certainty
g g y
• Facilitating Investment
• Promoting Transparency
• Aiding Revenue Collection
• Seeking Continuous Improvement
• Becoming Customer Centric
• Encouraging Innovation
UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
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UNECE Working Party on Land Administration: London Conference 2012
How can land registration authorities support recovery in the global property
market and wider economy?
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g y
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http://en.wikipedia.org/wiki/2007%E2%80%932012_global_financial_crisis – last accessed 15.7.2012.
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http://en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate – last accessed 20.8.2012.
World Bank Doing Business Report - 2012
6