London Dilapidation Surveyors
TD-RE have extensive experience in acting for both Landlord and Tenants in all Dilapidation matters in London and the South East.
London Dilapidation Specialists
TD-RE specialise in providing expert advice on Dilapidations, having over 20 years experience in the London market. All dilapidation schedules are prepared and negotiated by an experienced Chartered Building Surveyor, adhering to the highest standards.
TD-RE are regulated by the Royal Institution of Chartered Surveyors and ISO 9001 Approved.
Working with a wide range of clients from corporate occupiers and commercial landlords, to investors and individuals, we specialise in commercial property including office buildings, retail and warehouse buildings in London and the South East.
What is a dilapidations schedule?
Under normal circumstances a commercial lease will contain certain obligations the tenant needs to undertake prior to the lease expiring. These lease terms form the basis of the schedule of dilapidations. A dilapidations surveyor would review those terms and provide an assessment of what falls within a tenant’s scope of liability. Dilapidations liabilities normally include:
- Removal of tenant alterations made during the term, if required by the Landlord
- To repair certain items like lighting and a/c if in disrepair at lease expiry
- Decoration in accordance with the lease, normally 3 or 6 month prior to lease expiry.
- Associated professional fees, including any building surveys needed.
What options do tenants have for dilapidations?
If the tenant is still in occupation of the property they have three options:
- Undertake the works required by the lease prior to lease expiry. TD-RE have in house project managers who offer this service.
- Negotiate a fair cash settlement with the Landlord for the dilapidations claim before or after lease expiry.
- A combination of the above two.
Landlord Dilapidations Guide
At TD-RE we aim to ensure the smooth and expedient dilapidations process with accurate and well appraised schedules of dilapidations.
Our schedules are in accordance with current legislation and protocol, ensuring that a tenant complies with their lease obligations, addressing any potential breach, and therefore minimising void periods.
When your tenant’s lease is nearing the end of the term, it is prudent to serve a costed terminal schedule of dilapidations on your tenant, normally a minimum of three months before lease expiry unless the lease stipulates otherwise.
The schedule of dilapidations will list items of works that the tenant has not undertaken in accordance with the lease and is required to do so prior to lease end to avoid a breach of contract. If the tenant fails to undertake the works prior to lease expiry, the tenant will have to pay the Landlords cost for the works.
Each schedule is bespoke ensuring the Landlord’s business objectives are achieved.
All dilapidation claims can ultimately end up in court. It is therefore important to seek your Surveyor’s professional guidance prior to progressing the dilapidations further.
Tenants Dilapidations guide
Our Chartered Building Surveyors can provide comprehensive advice regarding your lease obligations and any aspect of dilapidations.
If your lease is approaching the end of its term, our Chartered Building Surveyors can provide comprehensive advice regarding your lease obligations. Our experts will ensure that your Landlord is not over inflating the claim and you are paying the correct repair and reinstatement obligations ensuring reasonable costs are paid to the Landlord.
Dilapidation liabilities for most commercial leases obligate the tenant to return the premises to a defined condition at lease expiry or if a break clause is exercised. We negotiate and challenge the claim with the Landlord ensuring all items and cost are fair and reasonable.
TD-RE has wealth and depth of experience and can significantly reduce the cost of your liability.
Dilapidations Negotiations
We negotiate hard to achieve a fair settlement for both Landlord and Tenant. If you are due to enter into a lease, a landlord has served a Schedule of Dilapidations, or you are nearing the end of your lease, our team is on hand the help you through the process.
CASE STUDIES
Lombard Street, The City
Dufferin Street, Islington
Dukes Street, Westminster
Elizabeth Street, Westminster
Kingsland Road, Hackney
