Anstey Horne

Dilapidations for Landlords

Dilapidations for Landlords

It is essential for Landlords to prepare accurate dilapidations claims in a timely manner where there are commercial lease expiries (or potentially breaks) looming and ensure they follow the relevant guidance & protocol

There’s always a risk of dilapidations with any tenancy. The key to mitigating any financial exposure to this risk is to obtain professional dilapidations advice at the earliest stage.

Minimising Dilapidations Risk

The potential for dilapidations should be considered right from the start of a lease, and throughout its term.

  • When drawing up a commercial lease – make sure you define the demised premises and the obligations for repair, redecoration and reinstatement.
  • During the term of the lease – make sure your tenants carry out the repairs stipulated in the ease
  • When approaching the end of a lease – check that the tenant has carried out all necessary work
  • At lease expiry – if a tenant has failed to keep a property in good repair, or has not reinstated alterations you should be able to recover the costs of remediation. There is also the potential to claim damages for the loss of rent whilst works are undertaken. Both these remedies are only available as long as the appropriate steps are taken in dealing with a dilapidations claim.

Determining what constitutes reasonable repair and its effect on property value is one of the most problematic areas for leasehold premises.

If they are not carefully managed disputes over dilapidations can ultimately end up in the courts with the significant costs associated with legal action.

How we can help manage Dilapidations for Landlords

Anstey Horne have extensive expertise in managing dilapidations to give our clients the best footing for negotiations and provide certainty regarding financial expectations and in terms of the physical condition of the premises at break or expiry. 

Our highly-experienced team can offer the following services :

  • Lease review and dilapidations advice
  • Inspecting properties and preparing schedules of dilapidations and claims
  • Negotiating the best settlements achievable
  • Advising on appropriateness of diminution valuations
  • Tactical advice to aid dilapidations resolution
  • Monitoring and inspecting tenants’ dilapidations works projects
  • Managing dilapidations works projects on behalf of landlords

Contact

To book a call back from a member of the Dilapidations team or for any advice on our other Building Consultancy services, please fill in our Contact Us form.

With offices in LondonBirminghamManchesterBristol Plymouth we have expert local surveyors able to provide advice on dilapidations all around the UK.

See our recent articles clarifying the VAT position on Dilapidations assessments.

For any further help or advice, please call our Enquiry Line on 020 4534 3132, or contact a member of the team direct, details below:

Theo Channer

Theo Channer

BSc (Hons) MRICS

Director

Dilapidations

Alexa Cotterell

Alexa Cotterell

BSc MRICS

Senior Director

Building Consultancy

Aaron Treliving

Aaron Treliving

BSc (Hons) MRICS

Senior Director

Building Consultancy

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