Council Tax Hike Hits London from April
Londoners, get ready to dig deeper into your pockets! Many councils across the capital are set to raise council tax from April, thanks to a government green light allowing increases of over 5%. This means hefty bumps in your annual bills, with some homeowners facing rises of more than £80.
Band D Homes Slap with Bigger Bills
Insurance experts at Quotezone.co.uk have crunched the numbers, focusing on Band D properties—the average home. Their research reveals sharp rises in several boroughs. For example, Kingston Upon Thames tops the chart with an £86.19 increase, pushing the total annual bill to £1,813.46.
- Southwark, Newham, Tower Hamlets: Expect to pay around £56-£60 more each year.
- Islington: Council tax set to rise by over £65 annually.
- Lewisham: Bills climbing by more than £70.
Some Boroughs Escape with smaller Hikes
Greg Wilson, founder and CEO of Quotezone.co.uk, urges residents to check their potential bill boosts. “Our research shows how much council tax is expected to rise in London boroughs for Band D properties,” he said.
Meanwhile, a handful of boroughs fare better, including Kensington & Chelsea, City of London, Hammersmith & Fulham, Wandsworth, and City of Westminster, where increases will be relatively modest.
Brace Yourself for Bigger Council Tax Bills
With councils flexing their leeway to hike taxes by over 5%, London homeowners should prepare for a squeeze on their wallets from April. Check your borough’s details now and stay ahead of the council tax rise.
