4th Edition

Rating Valuation Principles and Practice

By Patrick H. Bond, Peter K. Brown Copyright 2018
    482 Pages
    by Routledge

    Rating Valuation: Principles and Practice has long been the standard go-to guide for both students studying rating valuation and practitioners needing a comprehensive reference book covering rating law, valuation and, importantly, practice. This fourth edition brings the reader up to date with the changes for the 2017 Rating Revaluation, including the new Check, Challenge and Appeal procedures, and developments in case law, as well as highlights the differences between the law in England and Wales. A comprehensive chapter on Northern Ireland rating has been added to this edition. 

    Starting with the basics, the book goes on to provide more in-depth detail for advanced readers, using clear, accessible and engaging analysis and example valuations throughout to break down what many see as a complex subject. Whether you are studying to pass your APC, or just want an overview of the changes taken in by the latest revaluation, Rating Valuation: Principles and Practice will give you all you need to understand rating valuation.

    1. Introduction  2. The Rateable Occupier  3. The Heriditament  4. The Domestic/Non-Domestic Borderline  5. Exemption and Reliefs  6. The Basis of Valuation  7. Rental Analysis and Valuation  8. The Contractor's Basis  9. Receipts and Expenditure  10. The Valuation of Shops  11. The Valuation of Offices  12. The Valuation of Factories, Workshops and Warehouses  13. The Valuation of Plant and Machinery  14. The Valuation of other types of Property  15. The 2010 Rating Lists: preparation, alteration and appeals  16. Rating Administration, Collection and Enforcement  17. The Empty Property Rate  18. The Council Tax


    Patrick H. Bond is Head of Rating Valuation at the Valuation Office Agency and a former valuation officer. He is a visiting lecturer at Cass Business School, City University, UK, and a well-known speaker on Rating Valuation. He is currently President of the Rating Surveyors' Association.

    Peter K. Brown is a former Professor of Property Taxation at Liverpool John Moores University, UK, and a former David C. Lincoln Research Fellow, Lincoln Land institute, Cambridge, Massachusetts, USA. He was a member of the second Wood Committee looking into the rateability of plant and machinery. He is also a regular speaker at conferences and contributes to articles in the professional press.