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Rates seem very high?

galz1985
galz1985 Posts: 7 Forumite
in Mortgages & endowments
Hi

I am glad to announce I have just been approved for my mortgage.:j
I just wondering can anybody advise me on the rates situation for my local council.

The purchase price was £165k turnkey finish yet the capital value is rated at £175k. This is a new build.

I phoned the land services and have been advised that the rates are based on 2005 market conditions.

Should I get my house re-rated or is this likely to increase? I am based in N.Ireland and the rates are £1300 for this house.

It is 1680 Square feet property with no garage etc but the rates seem high compared to similar properties.

Thanks for your advice guys
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