Number plate retention
The retention scheme is a way of holding your entitlement to a registration number without having it on a vehicle. Retention must be renewed each 12 months if the registration is not transferred to a vehicle- this costs £25.
The DVLA will write to you to remind you to renew the retention but it is your responsibility to apply for the extension- if you don’t apply you lose the plate- it’s as simple as that.
Is your plate on retention? get a FREE SMS reminder!
Numberplates cans be held on one of two documents- a V750 if they have been purchased directly from the DVLA select scheme but not transferred to a vehicle, and V778 if the plate has been previously assigned to a vehicle but is now on retention.
See also..
What is a nominee?
What is the assignment fee?
what is a grantee?
what is a purchaser?
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