Originally posted by wonderwaif
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It was not linked to the rise in property values per se, The bands would stil be A, B, C, etc, but some properties may have crossed from A to B or C to D (low to high whichever way round that is).
So sauce for the goose..... would only apply if your property had fallen in value disproportionaly to others in your band. If all property falls by 50% then all properties will remain in the same band even if those band labels change. The amount payable will still be the same per band not matter the value of the property.
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