This Order prescribes the fees to be taken in the Land Registry for the purposes of the Land Registration Act (Northern Ireland) 1970 (“the 1970 Act”) and the manner in which those fees are to be paid.
The Order revokes and replaces the Land Registry (Fees) Order (Northern Ireland) 2003. The principal changes are as follows:
the ad valorem scale of fees for transfers and exchanges has been restructured amounting to a decrease in fee income of some 32% (paragraph 1 of Schedule 1);
the fees for the redemption of ground rents have been restructured. The £50 fee previously charged to redeem ground rent under section 4(1) now includes the fee to redeem monies lodged under section 4(2) of the Act;
the fee to make any entry or cancellation not otherwise prescribed by the Order (paragraph 5(n) of Schedule1) has been reduced from £70 to £50;
some categories of fees payable have been amalgamated;
application to register an Order Charging Land under Article 46 of the Judgments Enforcement (Northern Ireland) Order 1981 or a Notice of an Order Charging Land under Article 48 of the Judgments Enforcement (Northern Ireland) Order 1981 and paragraph 4 of Part IV of Schedule 2 of the 1970 Act has been increased from £50 to £70; and
the fee for an application for first registration where the application is not made in Form 1 (other than an application disclosing a title which has been acquired by adverse possession) has been increased from £150 to £200.