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Re-evaluating Rates
Comments
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but to get a bigger discount become a landlord and get 7.5% discount .
7.5%
This is now a poor discount for the collection of their rates and all the other hassles with being a landlord
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It's 12.5% for landlords, it used to be 15%0
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You're unlikely to get anywhere OP. I challenged my valuation of £150k as I bought in Dec '04 and property was valued for mortgage purposes at £115k. Provided evidence of that and all the work I needed to do to bring house up to scratch and was told that because my neighbours houses were valued at £150k mine couldn't be changed.0
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ballyblack wrote: »7.5%
This is now a poor discount for the collection of their rates and all the other hassles with being a landlord
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It's actually the landlord's rates. It's not based on service. You still pay full rates on vacant houses. An unfair discount IMO. I don't get any discount on my business premises, why should other businesses get a 12.5% discount on theirs.0 -
the 12.5% discount is only if the landlord uses an agent . Otherwise its 7.5%wifeforlife wrote: »It's 12.5% for landlords, it used to be 15%"Do not regret growing older, it's a privilege denied to many"0 -
btw what % does the agent charge the landlord these days? Do they take care of repairs or what?0
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Not a massive success story but I've been granted a 5% discount equating to £35.55.0
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The_Hurricane wrote: »Not a massive success story but I've been granted a 5% discount equating to £35.55.
What do you mean 5% discount?
Did you get your rateable value reassessed?0 -
saverbuyer wrote: »What do you mean 5% discount?
Did you get your rateable value reassessed?
I phoned up to pay and I just complained that the value of the property was not reflective of what the rating agency had it at and as a result I felt the rates were too high.
After a bit of a debate with the operator he applied a 5% discount as a "good will gesture".0
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