If you’re acting for a landlord or a tenant, they may well contact you if one day they are faced with a dilapidations claim.
As you will be aware a dilapidations claim is a claim for damages brought by a landlord at the expiry of the lease against a tenant who has failed to comply with their repairing obligations. Should a claim be successful, damages can amount to a significant sum of money.
It is crucial that landlords, or tenants faced with such claims, seek advice from professionals who are experts in the field. Many advisers hold themselves out as being very experienced in these types of claims, but are they?
Philip Setterington MRICS, partner and lead in the professional sector within MCP Limited is such an expert.
At, or towards the end of a lease, it is generally required to establish the condition of a building to assess whether the repairing covenants and other parts of the lease have been adhered to. A Schedule of Dilapidations is typically prepared where the landlord’s surveyor believes that there are necessary works required to the building to comply with the terms of the lease. A good example of dilapidations includes defective external walls or leaking roofs and gutters.
A Schedule of Dilapidations allows the landlord to be compensated for wear and tear to the building. MCP Limited can both act for landlords in preparing a claim, or for a tenant who wishes to defend a claim.
MCP Limited have a detailed knowledge of the practice of dilapidations and can provide dilapidation surveys, reports and has detailed knowledge of any legal implications. We will provide up-to-date and clear advice and have many years of experience providing Schedules of Dilapidations for a wide range of commercial properties.
Dilapidations is a complex issue but with the advice of our Senior Partner Philip Setterington you can have peace of mind, whether you are a landlord or a tenant.
Contact us to discuss how we can help.