The second edition of this comprehensive textbook is intended for both students and practitioners. It covers the changes in rating law, valuation and how the principles apply in practice. Throughout the book there are many examples illustrating valuation methods for the different types of property a practitioner is likely to deal with.

Updates will include:

Chapter on Exemptions and Reliefs to reflect the recent/forthcoming changes in legislation

Chapter on Council Tax to reflect recent/forthcoming changes in legislation and the proposals for a revaluation of CT in England and Wales in 2006/2007

Chapter on Practice and procedure (appeals regulations, transition etc)

New section on the Rating of Utilities

New examples on rental analysis and valuation

Complete updating of the book to ensure it is current and has regards to changes in approach, values etc. for 2005

Inclusion of even more summaries and key features at the end of each chapter.

*Completely updated, this book covers current and forthcoming rating law and valuation in a practical handbook

*Includes many examples illustrating valuation methods for different property types

*Comprises all you need to know about rating valuation in a clear, concise format

The second edition of this comprehensive textbook is intended for both students and practitioners. It covers the changes in rating law, valuation and how the principles apply in practice. Throughout the book there are many examples illustrating valuation methods for the different types of property a practitioner is likely to deal with.

Updates will include:

Chapter on Exemptions and Reliefs to reflect the recent/forthcoming changes in legislation

Chapter on Council Tax to reflect recent/forthcoming changes in legislation and the proposals for a revaluation of CT in England and Wales in 2006/2007

Chapter on Practice and procedure (appeals regulations, transition etc)

New section on the Rating of Utilities

New examples on rental analysis and valuation

Complete updating of the book to ensure it is current and has regards to changes in approach, values etc. for 2005

Inclusion of even more summaries and key features at the end of each chapter

Valuation mathematics: Single rate tables; Dual rate tables; More advanced concepts; Discounted cash flow; The Income approach: basic concepts; freeholds; leaseholds; taxation and valuation; landlord and tenant valuations; the effects of legislation; development opportunities; the profits method; Investment property: Investment analysis.