MG- Rating Flashcards
In the retail shop you valued, if you had measured it what basis would you use?
NIA?
When valuing the
Do you think the VOA will accept the decision in shoosmiths fit out case?
Up for debate - wait and see if they will take it to upper tribunal
Does the increase of £15 for fitout in manch and £10 psf in liverpool proposed in shoosmiths hold much weight?
Not yet - diff to quantify how they have reached these values
What is the key outcome of the acendun v bunyan case?
Give an example of an MCC in birmingham
Pending applications for birmingham business park which has been affected by HS2
What did O’Brien v Harwood 2003 establish about tone?
that there are THREE STAGES:
- At first, when a new rating list is put on deposit, entries will carry relatively little weight: they are opinions of value by the valuation officer, as yet unchallenged and untested by negotiation.
- Over time assessments will be challenged and agreed or determined by a valuation tribunal or this tribunal or accepted by lack of challenge.
- Finally a stage is reached where enough assessments have been agreed or determined or are unchallenged to establish a pattern of values, a tone of the list.
How does the fit out debate affect space that is let furbished ?
not clear answer - how does this fit in with the vacant and to let hypothesis anyway?
What are the timelines for the CCA process?
Give an example of co-ordination with the VOA
What is the AVD in scotland?
What are the last 4 rating lists?
What is the purpose of revaluation?
The whole purpose of having a revaluation is to reassess relativities and rebase the valuations to the new dates an
What 2 things should each new rating list take into account?
PHYSCIAL - takes into account the changed physical circumstances at MARKET - changed market conditions at the new Antecedent Valuation Date.
what has the autumn budget (30 oct) said about rating?
