Without appropriate advice and assistance, dilapidations can be onerous, expensive and time consuming. We can bring control to your position here.
Dilapidations are those costs incurred by you, the Tenant, in putting a property back into a condition akin to when the lease commenced. As you approach a break clause option or lease expiration date, you should already have taken initial advice pertaining to your potential exposure to dilapidations or reinstatement costs.
Bond Woodhouse are skilled in appraising and negotiating dilapidations settlements for our Tenant clients. Our services include the provision of initial dilapidations estimates, arranging/appraising a schedule of dilapidations, interpreting the lease in relation to dilapidations, advising on the implications of dilapidations legislation including section 18 of the Landlord & Tenant Act 1927, and advising Tenants on whether to carry out the works within the dilapidations schedule, or alternatively negotiating and concluding a cash settlement instead
Your exposure to unnecessary legal and financial risk as the end of your Lease approaches can be an enormous distraction upon your focus of your core business needs. Bond Woodhouse would be delighted to meet with you to explain what your current liabilities may be and how best we can comfortably ease you through this challenging process.