The Land Registry registration gap is well known to those dealing with property transactions. The principle that beneficial interests in property pass upon legal completion, with legal title passing on registration, is recognised in section 27 of the Land Registration Act 2002.
In simpler property transactions (for example when registering a transfer of ownership from one proprietor to another), applications are currently taking the Land Registry anywhere from one to three months to successfully register. Certain more complex applications, however, are taking up to two years to register.