Who are the solicitor panel firms?
Based in Glasgow, Curle Stewart is a niche corporate, commercial and commercial property firm made up of directors with significant “big firm” experience, but operating in the structure of a smaller, dedicated-practice unit. As a result, the service offered by Curle Stewart is truly partner-led, with all directors maintaining individual contact with all clients, and matters and direct control of all work carried on in their names. This has led to the firm rapidly amassing a client roster that belies the size of the firm.
All of the directors have experience of dealing with SIPP and SSAS transactions in both corporate and real estate spheres, as well as handling litigation for our SIPP and SSAS clients, as the need arises. Curle Stewart pride themselves on turning round even the most complex transactions with speed and accuracy, and have clear communication at the top of their client care priority list.
The Curle Stewart SIPP team comprise Graham Richmond and Philip Curle on the property side, with Elspeth Curle and Mandy Quinn leading the corporate and litigation aspects.
Miller Samuel Hill Brown operates from a central office in Glasgow, but their reach is nationwide. They work for individuals, public sector organisations, private and listed companies, entrepreneurs, financial institutions and insurers. As the only Scottish member of the International Lawyers Network, they offer clients access to quality-assured advice in any international jurisdiction. They are also a member of LawNet, which is a network of independent law firms in the UK and Ireland promoting excellence.
They build strong relationships with clients, making a difference by understanding their specific needs and applying a personal touch. They get the job done, on time and within budget.
They have a number of wide-ranging specialities and have considerable experience in commercial property matters including purchases, sales and leases involving pension assets. Miller Samuel Hill Brown also have a private client department who can advise on personal matters which relate to financial planning, including wills and powers of attorney.
Their consistently high standard of service is independently and externally audited through LawNet, and they have achieved and maintained ISO9001:2008 certification.
Morton Fraser deal with properties in England, Wales and Scotland. It is a thriving, top ten Scottish law firm delivering clear advice to businesses, the public sector, individuals and families. With over 260 people in the firm, they provide highly rated legal services across the UK. Their people work from three offices in Edinburgh, Glasgow and London, advising clients throughout the UK as well as internationally.
The firm has one of the country’s top rated Commercial Real Estate Divisions, covering all aspects of commercial real estate work and servicing all client requirements in this sector. Morton Fraser also has its own dedicated Property in Pensions team – one of the largest of its kind in the country – which acts for a large number of SIPP, SSAS and other pension providers, structures and arrangements throughout the United Kingdom, and has extensive experience in this field built up over many years.
The Property in Pensions team acts in all types of pension real estate transactions, from all aspects of property acquisition, management, leasing and disposal to funding/security models and syndication and multi-member arrangements.
Morton Fraser completes hundreds of SIPP/SSAS transactions every year, delivering clear technical advice and keeping to agreed fee levels and timescales to meet each client’s requirements.
What Solicitor fees will I pay for standard transactions?
The panel firms will all charge the same level of fees.
Purchase (whole or part) of a commercial property
|PROPERTY VALUE||FREEHOLD||LONG LEASEHOLD|
|Up to £249,999||£1,350||£1,800|
|£250,000 to £499,999||£1,500||£1,950|
|£500,000 to £749,999||£1,950||£2,400|
|£750,000 or over||£2,350||£2,800|
|Transaction involves newly built property||£750|
|Transaction involves mortgage funding (panel solicitor also acts for mortgage lender)||£400|
|Transaction involves mortgage funding (non-panel solicitor acts for mortgage lender)||£650|
|New lease for whole property*||£600|
|New lease for part of property*||£850|
|Rent deposit deed||£500|
*This assumes no negotiation of terms. The fee for a new lease to include negotiation of terms will be quoted at point of instruction.
- All fees are subject to possible review, depending on the exact nature of the service provided, including but not limited to transactions of a more protracted or complex nature.
- All fees are subject to VAT and possibly Land & Buildings Transaction Tax, as well as other potential disbursements (including but not limited to registration dues, search dues and out of pocket expenses) all of which will be payable over and above the sums stated above.