With the 2026 Rating List approaching, property professionals must prepare for significant shifts in business rates. From a 19.2% increase in total Rating List value to new multipliers for the retail, hospitality, and leisure sectors, Chris Grose provides a comprehensive rundown of the upcoming implications for both public and private sector bodies.

This article clarifies common misconceptions about the RICS Valuer Registration Scheme (VRS) for local authority valuers, explaining how councils can register as Sponsoring Non-Regulated Organisations (SPONROs) and the obligations for both the authority and individual Registered Valuers.