When managing properties a considerable part of the upkeep consists of the council charges. However, you may be able to reduce these charges.

The council tax system was established in 1993. As part of the system all properties in the UK were assigned a rating (ranging from A – H). Over time however the value of properties has fluctuated, and with it so to has this rating.

Not all properties have changed, but many have. Because of this the amount of council tax you pay could have changed without you realising or being informed of it.

To check if your properties council tax charges have been changed contact the local council. They will inform you if you are eligible to save money on these charges. It’s also wise to see if you are entitled to any discounts and exemptions from the council. For example, if you own a second home or holiday home you may be entitled to a council tax discount of up to 50%.

Its always a risk. Your office, home or business complex could suffer damage from a host of terrible surprises. Floods, vandalism, car accidents, there are countless external hazards.

So what do you do if you suffer from these external influences and what should you be aware of?

Insurance

Almost anything can be insured, and property insurance is no exception. Property insurance gives you a financial safety net if any of those external hazards happen to damage, attack, flood, or burn your property. Obviously you need to insure your property before the hazard has taken effect.

Property Claims and Law

There are many law firms that handle property damage claims specifically. These companies will help to fight a case you might decide to make in a court of law. Compensation may be available for you if you win your case, the law firm will take a cut of this.

Government Legislation

Its important to know what government legislation may be swung in your favour when assessing issues like this. There may be laws in your favour or government help available.