The majority of leases include a repairing covenant which will require the lessee to carry out works at the end of the lease. Depending on the wording of the repairing covenant will depend on the extent of the work to be undertaken.
Many lease holders underestimate the cost of complying with their repairing obligations and normally end up in dispute with the landlord.
Lc Building Consultants are Dilapidations specialists, we can act for both landlords and tenants. From explaining your obligation and likely costs at the end of the lease to preparing detailed terminal dilapidation schedules including negotiations and settling claims.
There are two types of dilapidation schedules we can help you with our expert knowledge could save you thousands if you are a tenant or ensure that you get the premises back in the condition they were let or financially recompensed if you are a landlord.
Interim Schedule of Dilapidations:
Issued during the term of the lease. It is also known as a repair notice. An interim schedule would be where the tenant is failing to keep the premises in good repair during the term of the lease.
Terminal Schedule of Dilapidations:
A Terminal schedule is normally issued prior to the end of the lease, to give the tenant sufficient time to carry out the work and comply with the covenants contained within the lease.