Seeking to boost your surgery income? Is your Notional Rent Review due?
Notional Rent should be paid to the GP Partners for the provision of primary care services from the premises. It should be reviewed every three years, normally by the District Valuer on behalf of the NHS. Ask the NHS for your premises forms if your review is overdue.
It is important that your surgery obtains specialist, independent advice to check your Notional Rent (Current Market Rent) reimbursement income. GP Surveyors have UK wide coverage and are the sector leaders representing over 500 GP contractors a year.
Despite what the NHS notification letter might state, GP Contractors have a period of 3 years to dispute any aspect of their GP Contract including the Notional Rent. GP Surveyors have successfully overturned the three-month timescale that some NHS area teams have sought to impose.
With over 18 years of primary care sector experience, we have a long-term proven track record of boosting surgeries income. GP Surveyors will conduct an onsite inspection and draw upon our unrivalled database of local, relevant, comparable evidence to identify if an appeal is justified. Our experienced RICS Surveyors will then negotiate your Notional Rent reimbursement with the District Valuer to optimise your surgery income. If an uplift in Notional Rent is secured, this is also likely to increase the capital value of the surgery.
We pride ourselves on a ‘no jargon’ client-centric approach and you will benefit from our established relationships with the relevant local NHS staff and District Valuers.
We operate a success based fee structure (no win = no fee) where our fee is calculated from the increase generated from the assessment within the NHS Notional Rent notification letter.
“Thanks to the team at GP surveyors for all their help and assistance in achieving a significant increase in our notional rent. Not only did it relieve a lot of time and pressure on me, but the financial increase also helped to improve our income streams and increase the value of our property.”
Mike Pedlow, Business Manager, Medical Centre, Middlesex
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