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

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

Theo Channer

Director

DD : 020 4540 7001

M: 07881 577 345


Alexa Cotterell

Senior Director

DD : 0121 348 7301

M : 07377 564 613

To book a call back from a member of the Dilapidations team, please fill in our Contact Us form.

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

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