At a Glance
- Tasks: Manage dilapidations across a diverse commercial estate and oversee lease events.
- Company: Join TT Group, a market leader in the UK commercial property sector.
- Benefits: Competitive salary, car allowance, private medical insurance, and generous leave policies.
- Other info: High retention rates and direct access to senior leadership for guidance.
- Why this job: Take ownership of significant claims and develop your career in a supportive environment.
- Qualifications: 1-5+ years in property management; MRICS preferred.
The predicted salary is between 50000 - 65000 £ per year.
Joshua Robert is proud to be exclusively partnering with TT Group to recruit a Dilapidations Asset Manager. TT is looking for an asset manager to oversee dilapidations across its estate, alongside lease events and rent reviews. This is an existing role in the business, becoming available following the retirement of a long-standing team member.
The successful candidate will have 1-5+ years of experience in commercial property management, estate management, or building surveying, and will be looking to progress their career. Full support and guidance will be provided, as the business is committed to developing the right person for this role.
They will manage the end-to-end dilapidations process from both landlord and tenant perspectives across the estate, progressing cases through to formal settlement. In addition, they will be responsible for the ongoing management of their allocated assets, bringing dedicated support and continuity to a well-established function.
Key Responsibilities- Assess and manage dilapidations claims as landlord or tenant across TT's commercial estate, accessing support and guidance, where required.
- Appoint and manage external dilapidations consultants, when needed.
- Instruct and manage expert teams when dealing with contentious cases.
- Negotiate dilapidations cases to the best financial outcome.
- Prepare board papers and cash flows for settlement approval.
- Engage solicitors to formally document agreed settlements.
- Liaise with colleagues to ensure the dilapidations strategy aligns with the broader property objectives and timing for each asset.
- Prepare annual budgets with reference to future lease events, freehold value-add opportunities, and dilapidations liabilities.
- Negotiate lease events to meet or exceed budget expectations.
- Maintain close collaboration with asset management colleagues involved in the commercial estate, lettings, property sales, and development.
- Maintain close contact with the FM team by attending regular meetings and making joint site visits as appropriate.
- Provide support to all other teams within the company, including the finance, service charge, insurance, and rates functions.
- Work closely with the Modelling team to ensure property aspects of IC cases and other modelling exercises are fully understood.
- Provide accurate information to Finance and understand the processes they need to operate within.
- Build positive professional relationships across the business.
- Ensure all data relating to relevant properties is accurately maintained in accordance with company procedures.
- Produce concise, accurate, and well-presented cases for the Investment Committee.
- Support central reporting requests and regular tracker updates with timely, well-written contributions.
We are seeking an experienced professional with:
- A Chartered Surveyor (MRICS) with a strong degree-level education.
- 1-5+ years of experience in property asset management and dilapidations, gained within either a consultancy or client-side environment.
- A willingness and ambition to learn, develop, and grow within a supportive and progressive environment.
- Exposure to managing claims from either a landlord or a tenant perspective.
- Interest in contesting cases and navigating the commercial and legal aspects.
- Adept at working with external professionals, lawyers, surveyors, and advisors.
- A genuine team player with excellent people skills and the ability to build credibility quickly with colleagues and external consultants alike.
- Strong presentation and written communication skills, including the ability to produce board papers and Investment Committee presentations.
- High levels of numeracy and IT literacy, with strong analytical skills.
- Enthusiastic and proactive, with the ability to manage significant activity.
- Salary: £50,000 - £65,000 depending on experience
- Annual car allowance: £4,800
- Partially deferred discretionary bonus based on personal and company performance
- Double match stakeholder pension scheme capped at 10% (e.g. a 5% personal contribution results in a 10% company contribution)
- 25 days of annual leave
- Private medical insurance
- Life assurance: 2 x base salary, to 4 x on joining the pension scheme
- Income protection
- Discounted dental insurance
- Maternity leave: Six months full pay (subject to six months' service)
- Paternity leave: Four weeks full pay (subject to six months' service)
- Electric vehicle lease scheme
- Cycle to work scheme
- Interest-free season ticket loan
- Financial support for relevant professional membership subscriptions
- Matched charity fundraising via Give as You Earn (up to £2,500 per year)
- Employee assistance programme
- Wellbeing initiatives
- Social and sporting activities
TT is a market leader in the UK commercial property sector and one of the most significant privately owned portfolios in the country. The business combines the scale and financial strength of a major institutional operator with the agility, ambition, and decisive leadership that only a privately owned business can offer. Deep capital, a continuous acquisition program, and a leadership team that is analytical, commercially focused, and genuinely invested in its people make this a rare opportunity. High retention and employee engagement are the most credible measures of a workplace. TT's numbers speak for themselves.
What makes this role stand out- The opportunity to learn and develop quickly within a highly supportive environment.
- A dilapidations mandate with real financial weight, overseeing £5m+ of claims activity per year across a large and varied estate.
- The opportunity to take a high degree of ownership of a case and progress to a formal settlement, once settled in the role.
- A large, diverse portfolio offering genuine commercial breadth, complexity, and interest.
- Career progression opportunities for strong performers.
- Direct access to senior leadership for guidance and the wider TT team for ongoing support.
This vacancy is being managed exclusively by Joshua Robert as part of a retained search assignment. All applications and expressions of interest should be directed to Joshua Robert. Direct approaches to the client organisation will be redirected accordingly.
Dilapidations Asset Manager | Lease & Settlements Lead employer: Joshua Robert Recruitment
TT Group is an exceptional employer, offering a dynamic work culture that prioritises employee development and engagement. With a commitment to nurturing talent, the company provides extensive support for career progression, competitive benefits including a generous pension scheme and private medical insurance, and the opportunity to manage significant dilapidations claims within a diverse portfolio. Located in the heart of the UK commercial property sector, TT Group combines the stability of a major player with the agility of a privately owned business, making it an ideal place for professionals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Dilapidations Asset Manager | Lease & Settlements Lead
✨Tip Number 1
Network like a pro! Get out there and connect with people in the commercial property sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching TT Group and their approach to dilapidations. Understand their portfolio and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate; you’re genuinely interested in what they do!
✨Tip Number 3
Practice your negotiation skills! Since this role involves managing claims and negotiating settlements, it’s crucial to demonstrate your ability to handle tough conversations. Role-play with a friend or mentor to build your confidence before the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who want to grow with us at StudySmarter. Let’s make it happen together!
We think you need these skills to ace Dilapidations Asset Manager | Lease & Settlements Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Dilapidations Asset Manager. Highlight your experience in commercial property management and any relevant skills that align with the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your ambition to grow within a supportive environment like ours.
Showcase Your Communication Skills:Since strong written communication is key for this role, ensure your application is clear, concise, and free of errors. We love well-presented documents, so take the time to polish your writing before hitting send!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. We can’t wait to hear from you!
How to prepare for a job interview at Joshua Robert Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of dilapidations and asset management. Familiarise yourself with the key responsibilities outlined in the job description, such as managing claims from both landlord and tenant perspectives. Being able to discuss specific cases or experiences will show that you're not just a good fit, but also genuinely interested in the role.
✨Showcase Your Team Spirit
This role requires collaboration with various teams, so be prepared to talk about your experience working with others. Share examples of how you've built positive relationships with colleagues or external consultants. Highlighting your people skills will demonstrate that you can thrive in TT's supportive environment.
✨Prepare for the Numbers Game
Since the role involves preparing budgets and cash flows, make sure you're comfortable discussing financial aspects. Brush up on your numeracy skills and be ready to explain how you've managed financial data in previous roles. This will help you stand out as someone who can handle the financial weight of the position.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the company's approach to dilapidations or how they support career progression. This shows that you're not only interested in the role but also in the company's future and your potential place within it.