Manual To Redeem A Land

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Certain types of rentcharge are redeemable under the Rentcharges Act This means that you pay a single lump sum and after that no longer have to pay the rentcharge. On receipt of your redemption certificate, you may wish to speak with the HM Land Registry to have your property record updated and have the rentcharge entry removed from the charges register.

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Please first call the HM Land Registry to check the current fee for removing your property from the charges register. You may need to complete an application form and must also send a copy of the redemption certificate showing the rentcharge has been redeemed and is no longer payable as proof.

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It will help us if you say what assistive technology you use. The process for applying is the same as for apportioning a rentcharge above , but you should use this application form:. Individual ground rents on leasehold houses cannot be redeemed by payment of a lump sum in the same way as rentcharges. Most rentcharges have fewer than 60 years to run, and in such cases the cost of redemption is, at present, about 16 times the annual amount of the rentcharge. However, you may have to pay other costs, like getting a copy of your house deeds. If you intend to visit the office for any reason please either telephone or email to make an appointment beforehand to avoid disappointment.

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If you have any questions about the process to apportion or redeem your rentcharge, email the MHCLG rentcharges team at rentcharges communities. To help us improve GOV. It will take only 2 minutes to fill in.

Skip to main content. Once you have bought out redeemed your ground rent, you own the freehold and are no longer obligated to pay a ground rent.

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The property will still be subject to existing interests eg rights of way and covenants agreements as set out in the Ground Rents Act Northern Ireland will continue. When your application has been finalised, you will be issued with a Certificate of Redemption as evidence that your ground rent has been redeemed.

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This Certificate forms part of the title deeds to your property and will contain a note stating that it should be placed with the remaining title deeds relating to your land. Once you have the ground rent certificate you may wish to make a separate application to the Land Registry to have the property registered as freehold. You may need to seek independent legal advice for completing the correct forms for this registration. The Land Registry Rules have been amended as set out in the Land Registration Amendment Rules Northern Ireland and the requirements and necessary forms are included.

Google Tag Manager. How you can redeem your ground rent Topics: Land registration.