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Re-evaluating Rates

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Comments

  • ballyblack
    ballyblack Posts: 5,154 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 17 September 2013 at 10:19PM
    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




    .
  • It's 12.5% for landlords, it used to be 15%
  • 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.
  • saverbuyer
    saverbuyer Posts: 2,556 Forumite
    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




    .

    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.
  • Old_Git
    Old_Git Posts: 4,751 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Cashback Cashier
    It's 12.5% for landlords, it used to be 15%
    the 12.5% discount is only if the landlord uses an agent . Otherwise its 7.5%
    "Do not regret growing older, it's a privilege denied to many"
  • tommie
    tommie Posts: 380 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    btw what % does the agent charge the landlord these days? Do they take care of repairs or what?
  • Not a massive success story but I've been granted a 5% discount equating to £35.55.
  • shaz77_2
    shaz77_2 Posts: 1,881 Forumite
    tommie wrote: »
    btw what % does the agent charge the landlord these days? Do they take care of repairs or what?

    One month's rent and no repairs they only let the house the LL is liable for everything else.
  • 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?
  • 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".
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