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Marina Business Rates U-Turn Welcomed



Property consultancy Vail Williams has welcomed a Government U-turn on marinas being excluded from lower rate multipliers in the forthcoming business rates revaluation as a ‘victory for common sense’.


The firm, which acts for a number of the UK’s top marina operators covering multiple sites, is now conveying the news to clients.


This move brings marinas into the same category as retail and leisure businesses such as pubs and restaurants. Business rates will continue to be administered by local authorities.


The Valuation Office Agency (VOA) updated the rateable values of all commercial, and other non-domestic, properties in England and Wales which take effect from 1 April.


The Government announced that from 2026/27, existing business rate relief for retail, hospitality or leisure (RHL) properties would be replaced by a lower rates multiplier to calculate the business rates payable on those properties.


However, marinas were specifically excluded from the RHL lower rates multiplier and faced being subjected to the standard business rates multiplier which applies to non-RHL business properties.

Following a campaign backed by industry body British Marine, the Government has announced a refinement in the Statutory Instrument (SI) defining which properties would be eligible for the new RHL business rates multipliers that will be coming into effect in April.


Dan Tomlinson, Exchequer Secretary to the Treasury announced the change in a letter to British Marine CEO Lesley Robinson. He said:

“I recognise that marinas are distinct from transport properties and that they form part of the infrastructure of leisure activity. Furthermore, the intention has always been for the scope of the new multipliers to broadly reflect the scope of the current RHL relief. Thank you for bringing to my attention that local authorities are currently awarding RHL relief to marinas."

“The Government will therefore be amending the SI ahead of the policy coming into force on 1 April to remove marinas from Schedule 1. This means that marinas with rateable values below £500,000 and that are wholly or mainly used for leisure/recreational purposes will be eligible for the lower business rates multipliers.”


“Ahead of then, the online guidance will be updated, and local authorities will be made aware of the upcoming amendment.”


The reversal means that qualifying marinas will benefit from the 43 pence RHL rate, rather than the standard 48 pence rate.


Vail Williams partner and head of business rates Adam Barnfield said:

“This U-turn can be considered to be a victory for common sense and will benefit the vast majority of marinas which qualify for the lower business rates multipliers."

“However, there have been significant increases in the VOA assessments of the rateable value applied to marinas, with an average 23% increase in values and an additional £5.8 million of rateable value” – which equates to approximately £2.5m in additional revenue for the treasury.”


“Although this is obviously a welcome change in stance from Government, the increase in RV and the removal of the existing retail, hospitality and leisure relief will still have a significant impact on business rates liabilities.”


Ian Froome, Vail Williams partner and head of marine & leisure, added that the upcoming amendment regarding lower rates measures would be welcomed by marina operators as a silver lining, but there would certainly be increased costs all around.

“We cannot say there will be euphoria regarding this refinement in the revaluation process, but it is a cushioning of the significant increases faced by marina operators and should be accepted as such.”

Business rates revaluation 2026.


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  • Writer: Paul Andrews - CEO Family Business United
    Paul Andrews - CEO Family Business United
  • Jan 20, 2025
  • 4 min read

The Old Plean Roofing team is working to restore the roof of Stirling’s historic Bannockburn House as part of a long-term project to bring the 17th century building back to life.


The award-winning firm, founded by Mark and Fiona Thornton, has been contracted for the first phase of repairs and a team is on site daily conserving the deteriorating roof which is thought to be between 350 and 400-years-old.


Water ingress from the roof, which features hand-hewn wooden slate pegs and carvings on the beams, is putting the interior of the House and its ornate plasterwork ceilings at risk and the work is essential to preserve it for future generations.


Bannockburn House was completed around 1675 and features historically important architectural features including unique ceilings reputed to be the work of Houlbert and Dunsterfield - two highly skilled craftsmen who also created the ornate ceilings at Holyrood Palace.


It has been home to many families across the centuries while its most famous inhabitant Bonnie Prince Charlie used it as a military headquarters for his Jacobite army in January 1746.


In 2017, Bannockburn House Trust took over ownership of the House, which had been uninhabited from the 1960s, following a community buyout. Since then, a team of volunteers has worked tirelessly to save the estate and breathe new life into it.


Catherine Bradley, head of research, conservation and living history at Bannockburn House, is overseeing the roofing work which involves documenting and studying every piece of material which needs to be removed as part of the restoration project.


She says: “The major concern, which has caused many of the problems, is water ingress from the various roofs and this is the most time-consuming, resource-intensive and financially problematic issue the Trust faces in saving the House and surrounding buildings."


“The roofing works have begun addressing the problem – initially in areas affecting our ornate plasterwork ceilings and friezes – and are vital to save the historic fabric of the building."

“It’s a painstaking process and we are uncovering more and more about the history of the House as we go along which is quite fascinating."


“We’re working according to our conservation management plan and, starting with the roof dormers, each layer is being documented and studied and we’ll be conducting detailed analysis to learn more about the construction phases of the House.”


The restoration work includes regular consultations with a heritage expert and a bat ecologist is often on site to identify roosts and ensure bats living at the House remain undisturbed.


Old Plean Roofing, who are based at Stirling’s Manor Farm Business Park, were selected for the work due to their roofing expertise and local connections.


Dr Bradley says: “The House was built historically with local traders and the Trust felt it was important to continue that tradition and work with people familiar with the building materials and styles used."


“We also wanted to back the local economy and its tradespeople, to support the community as much as they have been supporting us and involve them in the heritage and history of the House."


“We needed a local company who would collaborate flexibly with us and be prepared to stop regularly to take photos and help with the documentation which is vital to preserving the House’s history."

“We sought someone who was happy to take the concerns of the building on board and who understood that if we find something of importance we have to wait to research it and gain permission to replace it. We also needed them to adhere to a conservation management plan and OPR Contracts Director Mark Thornton was more than happy to agree with all our specifications.”


The OPR team has undertaken some unusual tasks during the project including creating ‘bat slates’ with a gap for bats to get in and out of while the roof is being fixed.


They also uncovered sections of an old wooden table which had been used during previous repairs to roof dormers and which may indicate how materials were scarce at the time the work was carried out. The wood has been labelled and photographed and will be studied further by experts working to understand the history of the building.


Original roof sarking, slates and hand-hewn wooden pegs are also being examined as the project continues.


Mr Thornton says: “The restoration of Bannockburn House is one of the most interesting we’ve worked on and we’re pleased to be involved in a community project which is right on our doorstep.

“The restoration is going well and we’ve already carried out repairs to four rear dormer roofs which have stopped water coming into the main rooms."


“It’s been an unusual job involving tasks such as manufacturing bat slates which we’ve put in strategic places to give the bats somewhere to roost and direct them away from the areas being worked on."


“Bagging, tagging and photographing every single piece of slate and other material which needs to come off the roofs is also interesting and we’re enjoying the challenge and the opportunity to learn more about our local history as we go along.”


Further roofing work will include restoring the six Jacobean chimneys and the House is currently closed to the public with hopes it will be ready to reopen in the Spring.


Ongoing restoration work to preserve Bannockburn House and its gardens is expected to continue for years and cost up to £20 million and the Trust has a Crowdfunder in place for donations.

For more details about Old Plean Roofing - visit their website here

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