According to the Land Registry, it does not include;
- all commercial transactions. By this we mean any transaction that involves a transfer to a corporate body, company or business
- sales that have not been lodged with Land Registry.
- sales that were not for full market value. By this we mean, the sale of part of a property, a share of a property or the sale of a property at a discount. Examples include a repossession sale or a transfer between parties on divorce
- transfers, conveyances, assignments or leases at a premium with nominal rent which are:
- ‘Right to buy’ sales at a discount
- subject to a lease
- subject to an existing mortgage
- buy to let (where they can be identified by a mortgage deed)
- to effect the sale of a share in a property
- by way of a gift
- under a compulsory purchase order
- under a court order
- to Trustees appointed under Deed of appointment
- Vesting Deeds Transmissions or Assents of more than one property
- Leases for seven years or less