Terrington House, Cambridge

To fully gauge the amount of work that had been completed on the property previously, our building surveying team liaised with our investment and property management team, who managed the property on behalf of Gonville & Caius College.

This insight helped our surveyors to deliver detailed advice on the type of works that needed completing, particularly as it enabled the team to understand the reserve and sink funds available for larger refurbishment and maintenance costs.

We advised on how larger costs could be distributed evenly throughout the term to avoid years where repair costs would be significantly higher. We also recommended that the service charge for the building should accurately reflect the property’s required maintenance, decoration and repair costs.

A clear and accurate budget was set out spanning a ten-year term. This included planned, cyclical and reactive work to external areas and internal common parts, including plant maintenance.