Dilapidation Matters

As testament to our experience, skill and ability in this area, we are proud to act as retained surveyors for several national investors, landlords and tenants.

Landlords and tenants frequently enter a commercial lease without sufficient regard to the condition at commencement of the term, and with no strategy to maintain the building in accordance with lease obligations.

We undertake an assessment of liabilities from inspection through to negotiation, response and settlement.

Often not considered until a lease is nearing expiry, a dilapidation schedule can have a huge financial implication on cash flow. The key to any dilapidation matter is to act with plenty of time and be aware of your obligations. Do not wait until the lease expiry.

A pro-active approach to dilapidations allows you to plan and manage potential risks.

Whether undertaking notional dilapidations assessments for investors, which can be used to negotiate a reduced purchase price or preparing interim or terminal schedules of dilapidations seeking to protect the landlord’s reversionary interest – we can help.

Landlord & tenant matters

Covering a wide range of services, this area sees us acting for both landlords or tenants when negotiating lease terms, operating break clauses, monitoring works or reviewing applications for a licence to alter.

With vast experience in preparing Schedule of Dilapidations, both interim and terminal, rest assured that all related matters can be handled by our experts to achieve an agreeable settlement.

We will offer pro-active advice in relation to your property and act on your behalf to best protect your interest. All aspects of our service comply with RICS Dilapidations Protocol to ensure that, should a claim be brought, a favourable settlement is achieved.

When considering Schedules of Condition to protect your position, we understand both the benefits and more importantly the limitations of these. We will ensure they are produced in the most beneficial way possible to reduce. If your liabilities will not be suitably limited, we will offer alternative means to achieve the best outcome during negotiations.