Dilapidations

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dilapidations services

For Landlords ; our aim is to identify the full extent of remedial work required to the tenant’s breaches under the lease and avoid the risk of hidden costs.

Interim dilapidations or notice to repair

Consider landlord intentions and impact on claim

Early assessment of dilapidations

Implement dilapidation works

Terminal schedule of dilapidations

Negotiate claim

Ingleton Wood takes a commercial approach to dilapidations advice and has a strong track record in achieving successful results for landlord, tenant and investor clients alike. In an increasingly competitive and informed market, we provide high quality tailored strategies whilst taking account of specific commercial needs. Our specialist dilapidations teams offer UK wide coverage. By providing practical and commercially astute advice in what can be contentious matters, we have built long-standing client relationships. Similarly, we also regularly act for clients on single properties across a range of sectors and varying sizes of leased property. Gateway Plaza,Barnsley Client: Private healthcare provider Services:Tenant dilapidations and successful conditional

Our approach is balanced with the overall goal of reaching a commercially pragmatic settlement and meeting our clients’ needs. However, if negotiations break down we also have the expertise to assist solicitors through Alternative Dispute Resolution and compiling expert witness evidence.

National Framework Client: BT Plc Services:Tenant dilapidations Claims: £50k to £10m

Both Landlords and Tenants will invariably need to implement works requiring specification and contract administration services. From all perspectives, Ingleton Wood’s specialist teams have the expertise and experience to act and advise on the most appropriate solutions. Minimum Energy Efficiency Standards (MEES) can potentially be used to dispel dilapidations liability where properties can be proven to fall in F and G EPC Ratings.We have valuable and strategic technical expertise which can offer beneficial solutions in this complex area. Milton Keynes Warehouse Client:Aberdeen Standard Investments Services: Landlord dilapidations and project consultancy Settlement achieved: £2m

We focus on a rigorous review of the lease and thorough inspection to ensure that clients can fully utilise the lease covenants to their best advantage. We tailor advice to our clients in each circumstance to meet their requirements with due regard to the appropriate legal framework.A key attribute is that our service is supplemented by a comprehensive range of multi-disciplinary expertise such as services engineers, environmental specialists and structural engineers. Regent House,Redhill Client:Aberdeen Standard Investments Services: Landlord dilapidations and project consultancy. Claim: £1.5m

break option negotiation Saving achieved: £100k

For Tenants ; our aim is to check the extent of obligations, validity of costs and identify any mitigation, protection or defences.

Consider undertaking works

Dilapidations assessment

Early engagement with landlord

Review alternative uses for building

Negotiate claim to settlement

Break option

Dilapidations Services

Interim and terminal schedules of dilapidations

Schedules of condition

Services engineer reports and schedules

MEES reports

Portfolio instructions with progress meetings and reports

Dilapidations negotiations

Dilapidations assessment reports and exit strategies

Monitoring works on behalf of landlords

Break clause strategy and advice

Negotiating the scope of works for tenants

Project consultancy for landlords or tenants

Licence to alter review and monitoring

Tenant responses

commerical@ingletonwood.co.uk www.ingletonwood.co.uk

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