QV RATING VALUATIONS
Rating valuations have recently been sent out to properties around New Zealand to help local councils determine how the districts rates will be applied to the rate able properties within the district. Depending on the change in the properties values across the district, will determine how much rates each property will need to pay.
This means that if a property had an average value in the last rating valuation, and the new valuation has increased the value of the property, it may not necessarily mean that the property will need to pay more rates. If all properties have increased in value proportionally the same, then the property will likely pay the same amount of rates, excluding any other increases rates.
Property owners have the ability to object to the rating valuation if they feel it is not reflective of the actual value. It may be too high, and therefore possibly will be paying more in rates. Or it may be too low. Maybe the owner is looking to re-mortgage or sell and want a higher Capital Value (CV) displayed on the sales brochures.
If this is the case, then it is important to submit an objection prior to the cut-off date. Don't bother calling QV prior to lodging an objection. They offer no assistance and was a bit of a waste of time calling them.
You can visit the QV website here to find out more about QV and the rating valuation process. If you are considering an objection then you will need to do a bit of research and you will need to submit as much evidence as possible.
If you want a template, please comment on this post and I will set one up in the next few days with more info about the objection process.
Unfortunately, I am a little late for a few areas that have already had the last day of objection close. There are still a few where the rating valuation is still open to objection.
These are highlighted below.
Territorial
Authority: |
Effective Date of Revalution: |
Public Notice Date: |
Owners Notices Posted: |
Last Day of Objection: |
Waimate |
1-Jul-19 |
18-Sep-19 |
23-Sep-19 |
6-Nov-19 |
Otorohanga |
1-Aug-19 |
25-Sep-19 |
30-Sep-19 |
13-Nov-19 |
Gore |
1-Aug-19 |
25-Sep-19 |
30-Sep-19 |
13-Nov-19 |
Manawatu |
1-Aug-19 |
2-Oct-19 |
7-Oct-19 |
20-Nov-19 |
Upper Hutt City |
1-Aug-19 |
2-Oct-19 |
7-Oct-19 |
20-Nov-19 |
Waimakariri |
1-Aug-19 |
9-Oct-19 |
14-Oct-19 |
27-Nov-19 |
Hastings |
1-Aug-19 |
16-Oct-19 |
21-Oct-19 |
4-Dec-19 |
Far North |
1-Aug-19 |
16-Oct-19 |
21-Oct-19 |
4-Dec-19 |
Hurunui |
1-Sep-19 |
27-Nov-19 |
2-Dec-19 |
24-Jan-20 |
New Plymouth |
1-Sep-19 |
23-Oct-19 |
28-Oct-19 |
11-Dec-19 |
Dunedin |
1-Jul-19 |
30-Oct-19 |
4-Nov-19 |
18-Dec-19 |
Hutt City |
1-Sep-19 |
6-Nov-19 |
11-Nov-19 |
23-Dec-19 |
Horowhenua |
1-Aug-19 |
6-Nov-19 |
11-Nov-19 |
23-Dec-19 |
Opotiki |
1-Sep-19 |
13-Nov-19 |
18-Nov-19 |
15-Jan-20 |
Central Otago |
1-Sep-19 |
20-Nov-19 |
25-Nov-19 |
17-Jan-20 |
Waipa |
1-Aug-19 |
20-Nov-19 |
25-Nov-19 |
17-Jan-20 |
Christchurch |
1-Aug-19 |
27-Nov-19 |
2-Dec-19 |
24-Jan-20 |
Whakatane |
1-Sep-19 |
4-Dec-19 |
9-Dec-19 |
24-Jan-20 |
Whanganui |
1-Sep-19 |
11-Dec-19 |
16-Dec-19 |
24-Jan-20 |
Porirua |
1-Sep-19 |
11-Dec-19 |
16-Dec-19 |
31-Jan-20 |
Buller |
1-Sep-19 |
8-Jan-20 |
8-Jan-20 |
14-Feb-20 |
17/12/2019
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