TFT: The Dilapidations Consultancy

A schedule of dilapidations records the works required to be done to a property in order that they are put into the physical state the property should have been put in if the tenant had complied with its covenants or obligations contained within the lease of the property
'RICS Guidance Note'

The subject of dilapidations is a major and often complex issue. Whether you are a commercial property landlord or an occupier, receiving the right advice at the right time as part of a dedicated dilapidations approach is essential.

Landlords will need to be sure that they are receiving best advice and practice to avoid drawn out and less than satisfactory settlements. As an occupier, or tenant, proper planning and budgeting will ensure that no unwelcome surprises occur at lease end.

Both sides of the fence will benefit from a considered approach that ideally starts before the lease is signed although dilapidations strategies including, for example, building maintenance schedules, can be successfully implemented at any point along the life of the lease.

The implications of a lease often emerge through bitter experience and convoluted wrangling and the need for intermediation that is informed, fair and timely as well as being conducted in a collaborative manner is critical.

TFT are independent building and property consultants and have over 30 years of commercial property experience. We work for Landlords or Tenants and have settled more than £520m of dilapidations claims over the last 12 months alone.

This site outlines our dilapidations work and provides a neutral resource for both Landlords and Tenants who are seeking to address dilapidations issues.


TFT's main website can be accessed here