Julian Reid Estate Agents in Stoke Newington - Property for Sale and Let in Stoke Newington

No Council Tax Revaluation

There will be no revaluation of council tax bands in England during this Parliament, the government has pledged.
It means there will be no rise in local taxes for householders based solely on the increased value of their homes.
Every property in England is in one of eight council tax bands, depending on value, and these were last set in 1993.
The government said Labour had been "actively planning" to carry out a revaluation but Labour said its election manifesto had promised not to.
A revaluation was long overdue, but would prove highly unpopular with householders who found themselves in a higher band and therefore paying more in council tax, said the BBC's Greg Wood.
A revaluation in Wales in 2005 placed about a third of all homes there in a higher band.
The government says that a rise from Band D - the benchmark for council tax - to Band E would cost an extra £320-a-year.
The former Labour government had planned to revalue council tax bands in England in 2007, but announced in 2005 that it would postpone the decision until after the next general election.
This is a cynical and misleading manipulation of facts based on what was ultimately a routine updating of the Valuation Office Agency's records”
It said the delay was to allow the issue to be considered as part of a wider inquiry into local authority funding, but some commentators said at the time that the decision was also a reaction to the anger sparked by the Welsh revaluation.
Local Government Secretary Eric Pickles said the key thing was the relationship between the upper and lower bands of the tax, and they were roughly the same as when the tax was introduced.
"I've always argued against a revaluation because we know from what happened in Wales that it tends to hit poorer families. Given that the bands are roughly in the same position as when council tax was first introduced then it seems to me to be a matter of fairness that we don't impose an additional level of taxation, £1,600 during this Parliament, on ordinary families."