Contacts:
National Director
Building Surveying
Lead Director
Scotland
Director
Dilapidations & Lease Advisory
Watts Group Limited provide specialist dilapidations & lease advisory services to landlord and tenant clients from our national network of offices. We provide this advice across the full range of asset types including commercial, industrial and retail property.
Our aim is to provide expert help where claims arise on dilapidated property or advice is needed on the operation of leases. We recognise that claims are becoming increasingly complex from both a surveying and legal perspective, with informed, accurate, pragmatic and timely advice being fundamental to achieving a favourable outcome.
Watts Group Limited has adopted the recommendations of the regional RICS Guidance Notes and requirements of the dilapidations pre-action protocol as best practice, within the relevant jurisdictions.
Dilapidations & Lease Advisory encompasses the following services:
- Lease advisory (including advice on break clauses, agreements to lease, rent free periods)
- Schedule of Condition & pre-occupation advice
- Notice to Repair
- Interim Schedules of Dilapidation
- Terminal Schedules of Dilapidation
- Dilapidations liability reports
- Negotiation or defence of claims for landlord & tenant
- Strategic advice (including exit strategies)
- Compliant FRS 102 Accountancy Assessments for occupiers
- Section 18(1) guidance
- Monitoring compliance works for landlords/tenants
- Negotiating scope of works for the tenant
- Portfolio dilapidations management for tenants/landlords
