Rates on rental propertiesRates on rental propertiesExperience shows that many landlords, owners and tenants are not fully aware of their liability for rate payments on rental properties. Who is responsible for rates on a rental property?Rates for rental properties are governed by different rules from owner-occupied properties. In many cases the landlord is responsible for paying the rate bill and therefore needs to collect an amount from the tenant as part of the rent to cover the cost of rates. If you are in any doubt, you should contact Land & Property Services (LPS) as follows and speak to someone in the landlords team:
Domestic propertiesThe following table gives an indication as to who is responsible, based on capital valuation and frequency of rent payment:
You can use the following link to find a capital valuation by inputting the property address and / or postcode: Non-domestic properties
You can use the following link to find your NAV by inputting the property address and / or postcode: Houses in Multiple Occupation (HMOs)A House in Multiple Occupation is defined as a property which is let to three or more tenants who form two or more households. An example of this would be a house let out to a number of students. The owner / landlord is responsible for the collection and payment of rates for HMOs regardless of capital value or frequency of rent payment. Landlords whose tenants receive help with ratesIf you have tenants who receive help with their rates from the Northern Ireland Housing Executive (NIHE), it may be in your best interests to request that any payments be made directly to you as the owner or landlord. |
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