About the initial report

Contents of the report

Having carried out our inspection of your property, we will calculate the premium payable and provide a report which takes the following format:

What will the initial report enable me to do?

The initial report will enable you (with the advice of your solicitor) to make the landlord an informed offer to extend the lease or collectively buy the freehold.  In other words you will (a) not offer to pay too much and (b) not offer too little, which could create a legal problem!

What happens after we make the landlord an offer?

The landlord will usually make a counter-proposal and negotiations will then take place to agree a premium. 

What isn't included in the initial report?

The cost of the initial report does not cover any negotiations with the landlord or landlord's surveyor - these are carried out by separate agreement on an hourly rate basis.

If you have any questions about what is or is not included in the initial report, please contact us.