Oldfield Smith settles high value dilapidations claim

31st March 2014

Oldfield Smith have recently settled a substantial claim for dilapidations at the end of a lease.  Acting on behalf of the tenant, our Head of Professional Services, Bernard Smith, provided detailed advice on how to approach the matter and dealt with negotiations direct with the landlord’s surveyor.

Despite the initial schedule being costed at in excess of £150,000, our advice and guidance resulted in the claim being withdrawn completely, after the unit was successfully relet to a tenant who planned to completely refit the building and so was unconcerned at the condition.

Throughout our involvement, we worked closely with our client, their legal advisers, the landlords and the prospective new tenant, balancing the needs of each to find a solution which had real benefits to all the parties.  And having successfully concluded negotiations, we are pleased that our client has been able to invest the money saved in a fantastic new building which has been constructed to a bespoke design to satisfy the needs of their business into the future.

When it comes to complex property matters such as this, it really does pay to have the right support and the right professional team working for you.  At Oldfield Smith, our helpful, approachable staff are experienced in handling dilapidations claims of all sizes, working for both landlords and tenants.  Our staff are all professionally qualified with the ability to explain the most difficult matters in terms that are simple to understand, providing balanced, impartial advice.

If you are reaching the end of your lease and are concerned or confused about responsibility for repair, talk to the experts at Oldfield Smith and let us guide you through the process.  Initial consultations are FREE and entirely without commitment, so call us now on 01825 762222 – it may save you a fortune!