Property Owner Dilapidations
A dilapidations claim can in some instances be ‘nil’! But there are ways to avoid this…
The practical definition of dilapidations is the “exit costs” to the tenant of putting a property back into repair and potentially reinstating tenant’s alterations at the termination of a tenancy / lease. These dilapidations costs are usually an unexpected outgoing for an uninformed/unadvised tenant who receives a schedule of dilapidations from its landlord.
WHAT WE DO
- Provide initial dilapidations estimates
- Arrange a schedule / survey of dilapidations
- Interpret the lease in relation to dilapidations – using case law precedent to strengthen and underpin our arguments
- If appropriate arrange for dilapidation works to be undertaken
- Advise on the implications of dilapidations legislation including section 18 of the Landlord & Tenant Act 1927 – the hardest hitting statutory provision in the Act for landlords – imposing caps on a landlord’s claim
- Advise on tactics / timings to employ in given circumstances
- Negotiate the dilapidations claim
- Advise on the Dilapidations Protocol – i.e. best practice guidance for landlords
- Preparing Section 18 valuations
WHY ALLSOP?
Dilapidations are an area of growing dispute between landlords and tenants as the lifespan of leases becomes shorter.
- Allsop is one of the UK’s leading dilapidations specialists, advising on the valuation and legal dilapidations issues that influence the level of dilapidations claims at lease / tenancy expiry
- Navigating a dilapidations claim goes much further than the schedule of dilapidations. It is the skill of the dilapidations negotiator that ensures success. We are experienced dilapidations negotiators in this field
KEY CONTACTS
Dilapidations - Everything a Landlord should know
We have put together a helpful guide, that if followed, should reduce future capital expenditure and improve asset performance.
Resources and Information
Dilapidations Case Study - Gracechurch Street, EC3
Enhancing the performance of the client's asset
Dilapidations FAQs
What property owners need to know
Dilapidations Tips
A helpful guide for property owners
Other Owner Services
Insights
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