§ Mr. Lubbockasked the Minister of Housing and Local Government and Minister for Welsh Affairs whether he will state the ratio of rental charged to revised rateable value above which he will uphold compulsory purchase applications.
§ Sir K. JosephI assume the hon. Member has Circular 45/60 in mind.
Valuations for rating are calculated by reference to statutory assumptions which are designed to secure uniformity of treatment as between one ratepayer and another. They cannot take account of such matters as variations in the apportionment of repairs liabilities or the standard of maintenance and management. Rateable assessments are therefore of only limited help in deciding whether a rent is exorbitant.