Latest blog posts

In All Normal Circumstances …

Sunday, 28th April 2019 | by: Justin Burns

It’s the phrase that party wall surveyors rely on to reassure adjoining owners that they will not incur costs as a result of their neighbours’ works i.e. “In all normal circumstances, the fees of all/any appointed surveyors will be paid by the building owner”. The inquisitive adjoining owner will ask for clarification of what ‘normal ... Read more >>

Categories: Party Walls

Preparing a Reinstatement Cost Assessments (Insurance Valuation)

Thursday, 14th March 2019 | by: Steve Hobbs

The process of preparing a Reinstatement Cost Assessment involves a site visit to inspect the property, take measurements and site notes detailing the type and quality of the accommodation, a calculation of the likely reinstatement cost of the property based on the information gathered during the inspection, and the recording of this information ... Read more >>

Categories: Surveying, Valuation

INFORMAL LEASE EXTENSIONS – THE BENEFITS AND THE RISKS

Tuesday, 12th February 2019 | by: Justin Burns

Leaseholders have the right to extend their leases under the Leasehold Reform, Housing and Urban Development Act 1993. Under the 1993 Act leaseholders are entitled to a 90 year lease extension and a reduction of their ground rent to a peppercorn. In return they must pay their freeholder compensation, call a premium. The statutory process ... Read more >>

Categories: Leasehold Valuations

11 Ways to Keep the Cost of Party Wall Procedures Down

Thursday, 7th February 2019 | by: Justin Burns

If badly handled, party wall procedures can add many thousands of pounds to the costs of your building project but there are plenty of things you (and your surveyor) can do to keep costs to a minimum.   Speak to your neighbours before serving notice This isn't always possible, if the property is let or the adjoining freeholder is a ... Read more >>

Categories: Party Walls

Don’t forget your License to Alter!

Tuesday, 29th January 2019 | by: Matthew Price

There are many different elements that will need to be considered in order for the vision of your extension to become a reality and it is apparent that a layperson is often unaware what professional help may be required along the way - there are the obvious ones; Architect, engineer and contractor, and to a lesser extent, the party wall ... Read more >>

Preparing Party Wall Notices for a Rear Extension

Tuesday, 22nd January 2019 | by: Peter Barry

As a recent graduate and Assistant Surveyor, a large part of my training was party wall related. As part of that training I spent time assisting the team that deal with new enquiries in sending fee proposals and liaising with owners. I thought it might be helpful to work through an example relating to a rear extension. When preparing a fee ... Read more >>

Categories: Case Studies, Party Walls

A guide to the residential lease extension process

Thursday, 17th January 2019 | by: Justin Burns

Leaseholders have the right to extend their leases under the Leasehold Reform, Housing and Urban Development Act 1993.  Under the legislation the owner of a leasehold flat has the right to request a new lease which is 90 years longer than their current lease and at a peppercorn ground rent throughout. In order to qualify flat owners need to have ... Read more >>

Categories: Leasehold Valuations

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