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When a lease comes to an end the Landlord will require the tenant to carry out a range of work to the property. Assessing the proper liability requires detailed examination of the lease plus full knowledge of the law relating to dilapidations.
The Landlord is likely to employ a surveyor to prepare a Schedule of Dilapidations which is served on the Tenant. For a Tenant to be defended properly employing a surveyor to examine the content of the Schedule of Dilapidations is essential. The cost of doing so is often repaid many times over. A client of ours once received a Schedule of Dilipidations claim over of £150,000 which we were able to negotiate down to £8000!
If you have recently received a Schedule of Dilapidations from your Landlord or your lease is expiring within the next 12 months you should seeking advice now on how to minimise your liability. For more information on how we can help you please call 0118 987 5151 or complete the advice request for at www.michaelking.co.uk/contact/