5,000 landlords to be refunded following Registration Scheme change

Posted by
info@newrytimes.com
Tuesday, December 8th, 2015
Community, Politics
Around 5,000 landlords will have a registration fee refunded to them as a result of an important change to the Landlord Registration Scheme. landlordThe change to the scheme, announced by the Social Development Minister, Mervyn Storey MLA, means that only one registration fee now needs to be paid in the case where there are joint owners of a property. Previously all owners needed to pay a fee. Importantly however, all names of the joint owners must still be provided to the Landlord Registration Scheme. Minister Storey said, “It was clear the issue of multiple registration fees for joint owners was a concern amongst landlords when the Landlord Registration Scheme was launched; my Department responded, and today I am announcing that not only will the policy change, but that we will soon be starting the process of issuing refunds.” The process to identify refunds will begin immediately and should be made by March 2016. The Minister added, “Out of a total of over 44,000 landlords who have already registered with the scheme, approximately 8,500 have registered as joint owner landlord. It is anticipated that around 5,000 refunds will be paid as there is still a requirement that one registration fee remains payable for registration.” Joint owners will have to agree who should receive a refund within their joint owner group. NI Direct, on behalf of the Department for Social Development, intends to make contact with all joint owner landlords over the coming weeks. If you have been impacted you do not need to act but will be contacted in the coming weeks via text message, phone, email or letter. More information is available at: http://www.nidirect.gov.uk/landlord-registration-scheme

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