New property valuations spark complaints

Local councils are bracing themselves for a flood of complaints about new property valuations which are used to determine the size of local tax bills, the Telegraaf reports on Tuesday.

The new valuations are based on the value of property on January 1, 2008, before the credit crisis and downturn on the property market.
Last year 3.5% of property owners complained about the official value of their homes.
The local authority association says councils must inform residents fully about the reason for the increase.
Property values are used to calculate the amount of property tax (woz) home owners have to pay.

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