Work out dilapidation cost instantly with clear inputs, formula shown and shareable results.
A dilapidations claim starts from the cost of putting the premises back into the state the lease requires, plus the landlord's professional fees. Claims are routinely settled below the served schedule because the landlord's actual loss is capped by the diminution in value of its interest, so a discount of fifteen to thirty percent is normal.
Claim
Claim = area x reinstatement rate x (1 + professional fees)
Settlement
Settlement = claim x (1 - negotiation discount)
Preliminary estimate only. Dilapidations liability depends on the lease covenants and statutory caps; obtain advice from a building surveyor and solicitor.
Claim = area x reinstatement rate x (1 + professional fees). A dilapidations claim starts from the cost of putting the premises back into the state the lease requires, plus the landlord's professional fees.
Statutory rules cap the landlord's damages at the reduction in value of its reversion. If the landlord intends to redevelop or refit anyway, much of the scheduled work has no value to it.
This calculator takes 4 inputs: Demised area, Reinstatement rate, Surveyor and professional fees, Expected settlement discount. The pre-filled defaults are a realistic worked example — replace them with your own site or project figures.