It's a good idea to speak with a Party Wall expert to protect your property if your neighbor is going to complete a loft conversion, an addition, or any other work that will harm your shared Party Wall or your property. For instance, our Party Wall Surveyor London will create a Party Wall Award that will assist in resolving any conflicts that may arise between you and your neighbor as a result of the proposed works. We'll learn further about Party Wall Compensation now.
Getting off to a good start
It is critical to comprehend more about the Party Wall Award before moving on to possible damage. This is the last document that is released before building work begins, and it covers crucial details including work time, property access, the way the work is done, and specific project drawings as needed.
Pre-construction work should include the "Schedule of Condition Report," which will be essential to the Surveyor's evaluation of the property after the project is complete. In essence, it can aid in determining whether the damage occurred during construction from a legal standpoint.
If there is no Party Wall Agreement in place that has been supervised by a qualified Surveyor, it may be challenging to determine whether the damage was done before, during, or after construction. A Party Wall Award can therefore give peace of mind and give the designated Surveyor(s) the ability to settle any potential conflicts.
Party Wall Compensation
According to the Party Wall etc. Act 1996, you are required to give your neighbors notice before performing any type of maintenance on your land that impacts shared Party Wall Boundaries. If the Act applies to your project, you must inform any properties that will be impacted. This law is intended to provide safety and allows neighbors the option to reject plans. Party Wall Compensation is another sort of financial security offered by the Act.
The Party Wall etc. Act of 1996's Section 7(2) states that:
The building owner is required to make up for any loss or damage that an adjacent owner or occupant may incur as a result of work done by this Act.
If the neighboring owner reports damage, what happens?
There are numerous solutions for reported damage problems resulting from a nearby building. First, the issue might be resolved amicably between the building owner and the adjoining owner without involving the assigned surveyor(s). The building owner will be able to avoid additional professional fees as a result. However, this could not be feasible if neighbors have a strained relationship.
Second, by comparing the pre-condition report from the Award, the Surveyor could determine the scope of the repairs. The Adjoining Owner may then consent to the repairs being made by the building owner's contractors. Thirdly, by the Act, the building owner might give the adjacent owner the agreed-upon monetary compensation, and the adjoining owner could use their contractors.
Would you like to know how the Party Wall Award covers damages? In London, are you looking for a party wall surveyor? Party wall experts from adamjoseph.co.uk are available to assist you with any party wall difficulties.
Adam Joseph Chartered Surveyors is a trading name of Sherling & Partners Limited
Website: https://www.sherlingandpartners.co.uk
Registered Address: Balfour House, Suite 206, 741 High Road, North Finchley N12 0BP
Company Number: 10621087
VAT Number: 265816036
We serve clients in East Ham, Putney, North London, Essex, Finchley,
Birmingham, Richmond and Cambridge.
Our services includes Party Wall Surveyor & Level 3 Building Survey