In the period 1 January 2000 to 31 December 2005 the unit received a total of 2,575 applications for redemption. Of these, 29 are still under consideration; 738 were redeemed and 1,808 were not redeemed.
Applicants may withdraw their application at any time in which case the rentcharge is not redeemed. Of the 1,808 applications which were not redeemed, 525 were considered to be Estate Rentcharges which are incapable of redemption under the terms of the Rentcharges Act 1977.
In conjunction with the Department, the Rentcharge Unit reviewed and revised its own guidelines for determining estate rentcharges in October 2005 resulting in more applications being redeemed.