Dilapidations

Dilapidations can often be a complex matter and can become an extremely contentious point between a Landlord and Tenant. The relationship between a Landlord and Tenant is governed by the lease both parties enter into at commencement.

Dilapidations are breaches of covenant contained in a lease. A typical modern commercial lease will describe in detail the obligations placed on the tenant in keeping the property in good repair and decorative condition throughout the term. However, leases can vary in terms of their content.

Failure by either party to understand and comply with their obligations can lead to dispute and the possibility of substantial financial loss.

Implementation of The Civil Procedure Rules and the Property Litigation Association Pre-Action Protocol have changed significantly the manner in which dilapidations are dealt with.

Peacock Stevens are vastly experienced in dealing with dilapidations, whether acting for landlords or tenants, we provide advice at both pre-lease commencement and at lease end. Further, we also provide strategic advice during the term of the lease to ensure the parties comply with their obligations under the lease.

We have and continue to act for large Commercial and Retail occupiers and property companies and funds.

FEATURED PROJECT

Upon receipt of a Terminal Schedule of Dilapidations served by the landlord, Peacock Stevens were appointed by the outgoing tenant to discuss and negotiate a settlement arising from the claim for damages for alleged breaches of covenant under the terms of the lease.

WHAT OUR CLIENTS SAY

Professional and pragmatic advice from an experienced building surveying practice who we are always happy to recommend to our clients.

Peacock Stevens have continued to deliver a pro-active and professional service during the years that I have worked with them. Their communication throughout the process is excellent, delivering the projects in an efficient and timely manner. I would have no hesitation in recommending their service.

We have appointed Peacock Stevens on numerous projects ranging from retail conversions and extensions to large-scale petrol filling station developments. They have continuously delivered in terms of their professional and diligent approach, and we look forward to working with them again on future projects.

I recently used Peacock Stevens when looking to purchase a new house. In the end I instructed two surveys as the depth and quality of the report on the first property identified defects that would have meant significant costs to me, meaning I did not proceed.

I am pleased that my second choice was defect free and the quality and detail in the survey was again of the highest standard.

Peacock Stevens recently carried out an RICS Building Survey for me on a house I was looking to purchase. The report was thorough and detailed but was also easy to understand. We are very happy in our new home.

An excellent and comprehensive report and we will take heed of its findings. We are proceeding with the purchase and hopefully all will go according to plan. Thank you and with best wishes

CONTACT US

Please contact us to discuss your dilapidations requirements on 0151 218 7950 or via the form below.

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