when you get building regs and do the work, you can get the house reassessed for council tax, so only pay for one house... be careful though... if you have a mortgage on either property and the lender discovers you have done this without their permission they can foreclose on the loan.
2006-12-14 19:56:24
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answer #1
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answered by duncanjfield 2
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From the question I would assume that this is not a property in the United States.
If you purchased two houses on the same lot that was permitted by some government agency, I would suppose that in order to knock it into one would require a permit of some sort before you knock it into one.
After the knocking into one I suppose the council at that point would re-evaluate the property into a single house.
If taxes are similar to taxes in the United States they are predicated on the value of the property. So if you getting a permit and the permit is granted, if the value of the one house goes up in value then I suppose the taxes will also increase.
On the other hand it knocking two into one would cause the property to decrease in value then the taxes would also decrease.
I hope this has been of some use to you, good luck.
"FIGHT ON"
2006-12-14 15:14:04
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answer #2
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answered by Skip 6
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Council Tax is based on the value of the property, not its size.
2006-12-14 14:58:34
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answer #3
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answered by Anonymous
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First, go see a competent real estate attorney.
Depending on the jurisdictions, you may have to apply for permits to demo the properties. You almost certainly will have to replat the lots. This will generally solve the tax issue.
2006-12-14 15:08:08
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answer #4
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answered by helblindison 2
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you will be charged council tax on the councils estimation value price for the land and their improvements.......
2006-12-14 14:20:17
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answer #5
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answered by askaway 6
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yes of course u have to pay for both the houses.
2006-12-14 15:28:16
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answer #6
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answered by Anonymous
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