The question comes up on the phone; the answer needs the purchase contract and three years of receipts.
The landlord asks whether the planned renovation still works out. To answer, someone has to pull together the purchase contract with its allocation of the price to the building, the works already booked and the quotations on file. That takes longer than the call, so the firm calls back, and until then the landlord plans without a figure.
3quotationsEstimates for the roof, bathroom and windows come to 41,200 euros net in total.
14,400euros already bookedHeating and electrics from the previous year are already in the property account.
57,900euro thresholdIt is derived from the building share of 386,000 euros in the purchase contract and applies for the three years after purchase.
2,300euros of headroomThat is what remains below the threshold if all three quotations are accepted.
Before the call ends, the 2,300 euros of headroom and the nine calculation steps are on screen. That is what makes the assessment 50% faster, and nobody has to dig out the purchase contract.
The 50% gain in assessment speed is this agent's headline figure. The quotation totals, the previous year's works and the headroom of 2,300 euros are a worked example, not survey data.