Cavendish
Surveyors can arrange valuation advice, often for client's
legal advisors, for matrimonial purposes or wherever disputes
arise. This form of report is normally on the basis of a private
valuation without a detailed report upon the overall condition
of the property but the report may identify the need for further
advice or additional reports upon specific defects. Fees are
normally similar to those for private valuations but are normally
agreed with clients or their legal advisors before the inspection
is carried out
Probate
Valuations
Valuations
for probate purposes are normally similar to the requirements
for a private open market valuation. The valuation of
property will normally be required by legal advisors or
personal representatives dealing with a deceased's estate
and reports can normally be provided within a few days
of instruction. Fees are normally agreed prior to the
inspection being carried out and reports and valuations
will have regard to the general condition of a property
but not provide a detailed report upon overall condition
or specific defects
Specific
Defects Report
A
client may require specific advice for a particular problem,
possibly identified in the lenders mortgage valuation report
for example.
This
can be a cost effective way of providing information for a
particular defect without going to the overall expense of
a full survey.
Very
often cracks in buildings are a cause of concern and it will
be important to decide whether movement is historic or whether
there is a continuing problem.
Insurance
Reinstatement Valuations
It
is important for any property owner to be careful that their
investment is adequately covered for insurance purposes.
Most
insurance companies will restrict a claim if a property is
under-insured. Many insurance policies are index linked but
it is always wise to ensure the uptodate valuation is correct.
A
Homebuyers Survey & Valuation Report automatically includes
a value for insurance reinstatement and it is normally straight
forward to provide an insurance reinstatement figure by agreement
in the case of a Building Survey or valuation report.
Disputes
with Builders
Disputes
can arise between clients and their builders for example in
the building of a new property or where contract or extension
works are undertaken.
Depending
upon the nature of the problem our surveyors can undertake
to provide reports upon specific building defects as part
of a dispute mediation process and may also be able to help
in dispute negotiation/litigation.
Schedules
of Dilapidations
A Schedule
of Dilapidations is generally prepared on behalf of a Landlord
during, or more usually at the end of a lease, to carefully
define any defects or liabilities in the tenants obligations.
The schedule
is detailed and will carefully describe the defects or repair
and provide a description of the remedy required.
Quite
often a Schedule of Dilapidations will need to be costed where
a claim is to be made against a tenant who has left a building
in a state of disrepair.
Fees for
the preparation of such reports are normally agreed before
the inspection is carried out when the extent and size of
the property and potential problems are known.
Surveyors
are often required to deal with the service and subsequent
negotiation of a Schedule of Dilapidations on behalf of the
Landlord and to deal with the resolution of disputes. In such
cases our surveyors will liaise closely with the client's
legal advisors and provide general assistance and advice for
any litigation process.
Schedules
of Condition
Tenants
of commercial property are often advised to obtain advice
upon the condition of buildings when entering into a lease
or when taking an assignment of an existing lease agreement.
Lease covenants for repairing obligations can be complex and
difficult to understand and very often a tenant will not fully
understand the commitments until the lease finishes and a
Schedule of Dilapidations is served by the Landlord.
It is
important therefore for any intending lessee to be fully aware
of all potential liabilities which exist, or may arise, during
the lease period. It can be agreed between a Landlord &
Tenant at the beginning of a tenancy that a Schedule of Condition
(incorporating a detailed photographic schedule) is prepared
for attachment to the lease, so that the tenant is not obliged
to hand back the premises at the end of the tenancy, in any
better condition than he received it at the beginning of the
tenancy. The Schedule of Condition is therefore a detailed
account and description of the condition of the building and
premises for the avoidance of doubt at a later date.
Fees for
preparing such schedules do vary depending upon the size and
type of property and our surveyors will need to see a copy
of the lease agreement, and consider any other relevant details
such as tenants improvements, fixtures and fittings, etc.
before providing a fee quote.
Party
Wall etc. Act 1996
The Party Wall etc. Act 1996 came into force on 1st July 1997. If you intend to carry out building work which involves:
work on existing wall, shared with another property,
building on the boundary with a neighbouring property, or
excavating near an adjoining building,
you must find out whether the work falls within the scope of the Act. If it does, you must serve the Statutory Notice on all those defined by the Act as adjoining owners. Remember that reaching agreement with adjoining owners on a project that falls within the scope of the Act does not remove the possible need for Planning Permission or Building Regulations Approval. “The Party Wall, etc Act 1996: Explanatory Booklet” product code 02 BR 00862 is available free of charge from ODPM Free Literature.
If you are not sure whether the Act applies to the work that you are planning, Cavendish Surveyors will be pleased to provide professional advice and are able to act as Party Wall Surveyors, either for the Building Owner or the Adjoining Owner.
As a guide, fees will normally be in the region of £500 - £1,000 plus VAT to prepare a Party Wall Award, including the preparation of a Schedule of Condition and a final inspection, but it is normal practice to agree a fee, depending upon the individual circumstances of each case, for this type of work.