Money expert Martin Lewis issues warning to anyone who bought their house before 1991
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ok.co.ukMoney-saving guru Martin Lewis is sounding the alarm to UK households that they could be due for a hefty council tax refund.
Despite his long-standing efforts to raise awareness, property valuations for council tax purposes have remained static since 1991 across England and Scotland.This oversight could mean countless residents are overpaying, potentially by thousands.
For a typical Band D home, forking out an annual £2,171 in council tax, sliding into the more affordable Band C could pocket homeowners serious cash.
However, Martin issues a note of caution for those who snagged their properties pre-1991; they must retroactively figure out their home's value in 1991 terms before challenging their tax band – it could end in tears otherwise.
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