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Water rates are based upon the rateable value of my house

What is "rateable value"?

Asked on Jul 26 2016, General in UK | Report content

Answers (2)

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  • Originally the rental value of the property, but this long ago became a notional value and since Council Tax has replace Rates the ratetable value is now only used for Water rates if you don't have a meter.

    Answered on Jul 30 2016, Report content
  • Hi Philip, Rateable value refers to a theoretical rent for your property and was set by the council many years ago. Generally, the bigger the house, the higher the RV so water is based on this so bigger houses pay more. However, most people opt for a water meter these days. Hope that helps. Jonathan :-)

    Answered on Jan 16 2017, Report content

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