Who are the solicitor panel firms?
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 |
Additional charges
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.
PLEASE NOTE:
- 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.