Land & Property Services (LPS) provides a valuation for all properties in Northern Ireland which are subject to rates and also provides valuation advice to the public sector.
LPS has completed the revaluation of all non-domestic properties in Northern Ireland which will help rebalance business rates.
Rate bills issued from 1 April 2015 will be based on the new values.
You can search the new valuation list and check the new valuation of any non-domestic property in Northern Ireland at www.reval2015ni.gov.uk.
- The rateable value is an assessment of the annual rental value of the property, as at April 2013.
- The new rateable values will be used to calculate rate bills from April 2015 onwards.
- A change in your rateable value does not necessarily mean a similar corresponding change in your rate bill as rate poundages have also changed.
- A rateable value is assessed for every property whether it is rented, vacant, or owner-occupied.