From our experience - yes.
With the introduction of a tenant’s surveyors’ endorsement in connection with
the response – parties seem to be closer than ever in agreeing what is
reasonable in terms of quantum. However, we have seen an increase in tenant’s
exercising their break clauses, shorter lease terms often backed by a Schedule
of Condition and as a result significant time expended on the legal
interpretations of the repair and yielding up covenants.
Some exciting case law
has recently further defined the definitions with regard to Section 18
valuations, the costs of the works and the landlords intentions. We intend to
hold a seminar in the near future to discuss these matters in further detail.
Nicola O’Connor,
Operations Director at Nick Bevan Consulting says “we are pleased to see that
over the last 12 months the level of reality has increased over the real value
of claims and that parties are much more pragmatic about the state of the
market and veracity of their claim”
For more details and
honest advice from the real experts in this field please contact us through our
web site www.nickbevan.co.uk
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