TwitterFacebook
ear
 
When everyone has a home

Housing advice for Northern Ireland

Rates

Depending on the value of the property either the landlord or the tenant can be held liable for rates in a rented property. You should be very clear on who is liable for rates and should have procedures in place to ensure that these are paid. Rates must also be paid on properties which are vacant.

Rates can cause a huge headache for landlords and tenants. Make sure you understand who is responsible for paying these from the outset.

If you are liable for rates on your rental properties, you must ensure that payment is made promptly to LPS. Where the tenants are liable for rates, payment is there responsibility and there is no risk to you if the tenants do not pay the bills.

If your property is still subject to a mortgage or secured loan, you are responsible for ensuring those payments are up to date. You should clearly explain to your tenant who is liable for rates payments and keep your rates account up to date if it is your legal responsibility to do so.

Depending on the value of the property either the landlord or the tenant can be held liable for rates in a rented property. You should be very clear on who is liable for rates and should have procedures in place to ensure that these are paid. Rates must also be paid on properties which are vacant.

Pages

Subscribe to RSS - Rates Subscribe to Rates