Variable Direct Debit
What is Variable Direct Debit?
A variable direct debit (VDD) scheme is one where the value being debited varies, as does the frequency of the debit, to accord with the nature of the business involved.
This differs from a fixed direct debit where schedules, and often the amounts being debited, are decided in advance.
All Direct Debit payment schemes protect the interests of the payer with a guarantee. The guarantee provides assurance that any money debited in error will be refunded immediately by the payer's bank.
Why should I use Variable Direct Debit?
Using VDD to pay for information and registration services lets you:
- save time and administration costs
- avoid using cheques
- manage audit/reconciliation using a customer reference, and also the e-services user name where available
- keep close track of when funds will leave the nominated bank account.
What our customers say
More and more customers no longer send cheques to Land Registry, paying for all their services – including their substantive paper applications – by VDD:
"Changing over to VDD is so much easier. We get an invoice daily which sets out all the payments that are due to go out of our account by direct debit – no more issues with lost cheques or payments not being received by the Land Registry." — Bonnie Frecklington, Langleys Solicitors, Lincoln
"Making the move to VDD was really easy and vastly reduced the administration time associated with cheque production. A more recent move to direct debit for substantive applications by quoting the VDD key account has again eliminated the overhead of cheques circulating around the building." — Optima Legal
How do I sign up to use VDD?
To use VDD you will need to have:
- a valid UK bank or building society account from which a direct debit can be collected
- an email address for receipt of notifications.
For further information see our Variable Direct Debit guide or contact our Customer Support Team:
- Email: customersupport@landregistry.gsi.gov.uk
- Phone: 0844 892 1111
