A specialist dilapidations consultancy is a boon to commercial, hospitality and leisure tenants facing what are commonly unexpected and potentially crippling dilapidations claims when vacating leased premises.
Dilapsolutions, a team of experienced chartered surveyors, says many financially pressed tenants are too quick to accept and payout on dilapidations claims made by landlords and have formulated a unique offer to help save what could be hundreds of thousands.
Dilapidations refer to the detailed schedule landlords' solicitors serve on business tenants when vacating, detailing all alleged breaches of the tenant’s lease obligations to repair, redecorate and reinstate alterations. Usually, there is not enough time left for you to do much if any of the works, so a sum is negotiated and agreed upon as compensation, or damages.
Dilapsolutions has a unique selling point, made all the more appealing by its unique ‘Black Friday Offer’ that it is now extending in the run-up to Christmas. On new claims over £50,000, Dilapsolutions will ONLY charge the tenant if the final agreed settlement is more than 10% lower than the dilapidations claimed by the landlord. They also have a low-cost fixed fee should tenants prefer that option.
This offer applies to any dilapidations claim either existing against a tenant or likely upcoming because the lease will end (or have a break) between now and 31st December 2025.
In England & Wales, properly advised tenants can knock tens of thousands or more off dilapidations settlements by employing a little-known piece of law. In short, it caps the damages payable to the lower of the sum to remedy all the breaches to repair etc, OR the impact (if any) the breaches have on the property’s market value. Usually, the latter is far less and sometimes zero. A FREE Section 18 (Diminution) Valuation is therefore also provided as part of the offer. Diminution in value refers to the loss of value in the property leased due to the dilapidations. Our competitors charge £5,000+ for this essential defence.
As part of the offer, Dilapsolutions is also offering discounted standard survey fees. A complete survey, including a drone, if required, is undertaken by a senior chartered building surveyor to prepare and issue a robust rebuttal to the landlord's dilapidations claim at £1,500+ VAT, or less (the market norm is usually two to three times this amount).
Dilapsolutions MD, Paul Raeburn hopes the offer gives under-pressure tenants the financial security to resist claims that he says should never be settled at first sight.
He explained:
"It's the toughest time we've known for tenants trying to earn an honest living, the last thing they need is an inflated dilapidations claim. That's why we're offering a helping hand with this unique offer."
To take up this extended Black Friday sale, please email enquiries@dilapsolutions.com and quote "The Black Friday Offer" or visit www.dilapsolutions.com for more information.