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@Airhead
If you do this all with party wall surveyors they put a lot of the petty bickering aside and sort out a more reasonable figure when it comes to damages. People always like to moan about their neighbours building work, it's a fact of life, if they're hard up the idea of getting a few grand to repaint their wall seems reasonable to them.
On the flip side builders are getting away with some liberties regarding the issues they're creating in surrounding properties and there's next to nothing you can do about it even with a party wall agreement.