Reclaim council tax - shared ownership?

Dexmum

Hi - does anybody know how this applies to shared ownership properties? We own 40% of our house so do we value it at its full 100% to work out what our band should be or the % we owe. In case it's relevant, our local council owe the remaining 60%

lincroft1710

For CT banding purposes a joint ownership has no relevance, the property is valued as a single entity. As occupiers you alone are responsible for the actual CT bill.

Gary_simp

As mine is shared ownership I paid less than everyone else on street. If you work out the value of my house what i paid I should be a Band B but they have based it on what other 2 beds on estate paid and have classed it as Band C. Is this fair as mine will never be worth the same as it is shared ownership?

Mersey_2

Lincroft is correct. CT is based on the whole property, not just the % owned.