Householders could be in line for a share of more than £150million as research shows 862,000 homes are owed a rebate on their Council Taxc. According to Money Saving Expert, £150.2million is waiting to be claimed - with the average settlement at £174 per account, reports The Echo.
A spokesman for MSE said: "There are a number of reasons why households may be owed cash from their council, but the main one is when a householder has moved out of the area but had already paid the bill upfront."
Most councils will allow people to claim as far back as 1993. Gareth Shaw, deputy editor at MoneySavingExpert.com, said: "While many councils do make an effort to track down those who have cash lying unclaimed, they are still staggeringly sitting on £150 million worth of overpayments.
"You're less likely to have overpaid if you use direct debit, but it's not impossible, so if you've moved home it's worth checking if you might be due – especially if you changed local authority area and paid by cash, cheque or standing order instead. Each council has its own way of processing claims, but some have an easy online form.
"But don't just call on the off chance you might be due – do a little bit of digging so you don't clog up councils' switchboards for those who need essential and urgent support. Check your previous statements and bills to see if council tax you paid upfront covers a period after you moved and if you closed your account in credit."
For more information, you can read the full MSE article here