Rateable Value

October 6th, 2015

In Barber (Valuation Officer) v Cerep (2015) UKUT 521 (LC) it was held that in determining the rateable value of an hereditament it was necessary to consider three questions: (1) whether the hereditament is in such repair as makes it reasonably fit for occupation by a reasonably-minded tenant, having regard to the age, character and locality of the hereditament; (2) if not, whether the works required to put the hereditament into such a condition are works of “repair”; and (3) if not, whether those repairs can be carried out economically.

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