Reval 2026 | Draft valuations for business properties
Land & Property Services has published draft valuations for over 75,000 non-domestic properties in Northern Ireland as part of Reval 2026.
Land & Property Services (LPS) has published draft valuations for over 75,000 non-domestic properties in Northern Ireland as part of Reval 2026.
On Thursday 29 January 2026, the Finance Minister John O'Dowd announced a pause of the Reval 2026 process. This page will be updated when the next steps are confirmed.
This updated valuation list will be used to calculate business rate bills from 1 April 2026.
Why are re-valuations necessary?
Revaluations are essential to ensure fairness in the rating system. They redistribute the rate burden based on current market values, so everyone pays their fair share. Reval 2026 is the fourth since 2015 and focuses solely on commercial properties.
The process uses market evidence - such as rental data, turnover figures, and construction costs - to set accurate Net Annual Values (NAVs). This ensures valuations reflect real-world conditions and remain fair and transparent.
Check your draft valuation online
You can view your draft valuation online.
The new platform makes it easy to:
- search by postcode or map
- compare your property with others in your sector
- submit queries via an integrated contact form (responses within 3 working days)
Act today and check your draft valuation online to ensure your business is prepared for Reval 2026. This is your opportunity to review and understand your valuation before the new list takes effect.
What’s changing?
Overall, the draft NAV for business properties has increased by around 15%, but this does not mean rates will rise by the same amount. Final bills will depend on regional and district rate poundages, which will be set in mid-February 2026.
Here’s a snapshot of the changes across Northern Ireland*:
| Change in NAV | % of Total |
|---|---|
| NAV decreased | 4.7% |
| No change in NAV | 37.2% |
| NAV increased | 58.1% |
*This remains subject to change up until publication of the new list on 1 April 2026
Most properties have seen an increase, reflecting market recovery and the removal of COVID-related allowances applied during Reval 2023. Some sectors, including hospitality, licensed premises, public sector property, and renewable energy, have experienced uplifts due to improved turnover and higher construction costs.
How are business rates calculated?
Need help or want to challenge your valuation?
If you have questions or further information that may affect your valuation, use the contact form in the draft valuation platform to:
- provide additional information
- discuss changes affecting your property
- request clarification on how your valuation was calculated
If you still disagree after discussions, you can formally request a review from 1 April 2026.
Stay informed
For further information, see NI Reval2026.
The Department of Finance is planning to host Reval 2026 roadshows in partnership with the local Chamber of Commerce in the coming months. We will provide details of these events on this page when they become available.
Where can I find more information?
Find further sources of guidance below, including some videos on Reval 2026 to explain how certain property types are valued:
- What is Reval 2026?
- How is my retail shop valued?
- How is my licensed premises/pub valued?
- NI Reval2026 | Department of Finance
- NI Reval2026: Frequently Asked Questions | Department of Finance
- Find a current property valuation and apply for review
- Check a historic property valuation
First published 22 January 2026