Our specialist commercial conveyancing solicitors provide comprehensive legal support to businesses in the local community and further afield. We can assist you with the following:
- Granting new leases
- Licences to assign
- Sales
- Purchases
We take the time to understand your business goals and your requirements and will provide clear communication and guidance throughout all transactions. We will also provide regular updates so you can be confident that your business is in a safe pair of hands.
To ensure transparency, we offer fixed fees which are set out below.
Please note that the prices do not include disbursements. A list of typical disbursements and the costs of these can be found below.
Fees:
Granting new leases
Full detailsIf rent is up to £20,000 per annum £1500 +20% VAT (£300) Total £1800.
If rent is over £20,000 per annum We will obtain full details during the quote stage and cost will then be assessed.
Licences to assign (acting for the Landlord)
Full details£950 + 20% VAT (£190) Total £1140
There will be an additional charge of £350 + 20% VAT if an AGA or a rent deposit deed is required
Licences to assign (acting for the outgoing Tenant)
Full details£750 + 20% VAT (£150) Total £900
There will be an additional cost of £300 +VAT if an AGA or rent deposit deed is required.
Commercial Purchases
Full detailsUp to £80,000 £1250 + 20% VAT (£250) Total £1500
£80,0001 to £100,000 £1300 + 20% VAT (£260) Total £1560
£100,001 to £125,000 £1400 + 20% VAT (£280) Total £1680
£125,001 to £250,000 £1500 + 20% VAT (£300) Total £1800
£250,001 to £400,000 £2250 + 20% VAT (450) Total £2700
£400,001 to £500,000 Fees are set at 0.75% of the property value
£500,001 to £750,000 Fees are set at 1% of the property value
£750,001 to £1,000,000 Fees are set at 1.25% of the property value
£1,000,001 + Fees are set at 1.50% of the property value
Commercial Sales
Full details£0 to £80,000 £1250 + 20% VAT (£250) Total £1500
£80,001 to £100,000 £1300 + 20% VAT (£260) Total £1560
£100,001 to £125,000 £1400 + 20% VAT (£280) Total £1680
£125,001 to £250,000 £1500 + 20% VAT (£300) Total £1800
£250,001 to £400,000 £2250 + 20% VAT (£450) Total £2700
£400,001 to £500,000 Fees are set at 0.75% of the property value
£500,001 to £750,000 Fees are set at 1% of the property value
£750,001 to £1,000,000 Fees are set at 1.25% of the property value
£1,000,001 + Fees are set at 1.50% of the property value
Additional Fees
There may be additional tax due on this matter which would be separate to the estimated cost.
Full detailsPlease visit the below links for more information:
WRA Land Transaction Tax Calculator (Properties in Wales)
HMRC Stamp Duty Tax Calculator (Properties in England)
In certain circumstances, where the matter is unexpectedly complex, the above fees may not apply. For example:
- if legal title is defective or part of the property is unregistered
- if crucial documents we have previously requested from you have not been provided
Disbursements are costs related to third party services which we pay on your behalf. We have not included the following disbursements which are priced in relation to their cost to us. Some of the following may be required dependant on your transaction type, please contact us for more information:
On Sales, Purchases and Remortgages:
Electronic money transfer fee (per transfer) – £35 + 20% VAT (£7) Total: £42
On Sales and Remortgages:
Obtaining title documents – £6 + 20% VAT (£1.20) Total: £7.20
On Purchases:
Searches on the land and surrounding area – £130 (Wales), £169.40 (England) (inc. VAT)
On Purchases and Remortgages:
Land Registry search – £7 + 20% VAT (£1.40) Total £8.40
Bankruptcy search – £6 + 20% VAT (£1.20) Total £7.20 per person
Land Registration fee (charged by Land Registry):
- If whole of registered title transferred (based on purchase price)
- Up to £80,000 – £20
- Up to £100,000 – £40
- Up to £200,000 – £100
- Up to £500,000 – £150
- Up to £1,000,000 – £295
- Over £1,000,000 – £500
- If part of registered title transferred or transfer of unregistered land (based on purchase price)
- Up to £80,000 – £45
- Up to £100,000 – £95
- Up to £200,000 – £230
- Up to £500,000 – £330
- Up to £1,000,000 – £655
- Over £1,000,000 – £1,105
On Remortgages:
Search indemnity (if acceptable to lender on remortgages) – £30
Then can you please add:
There may be additional fees based on the nature of your sale or purchase. The most common ones to arise are listed below along with their additional fee.
Expedited Service Fee £300 + 20% VAT (£60) Total £360
Leasehold property fee £300 + 20% VAT (£60) Total £360
Auction purchases £200 + 20% VAT (£40) Total £240
Unregistered property fee £200 + 20% VAT (£40) Total £240
Gifted deposit fee £75 + 20% VAT (£15) Total £90
Acting for Lender £300 + 20% VAT (£60) Total £360
Land Transaction Tax Form preparation and submission £60 + 20% VAT (£12) Total £72
Acting for a company – £200 + 20% VAT (£40) Total £240
Buy to let property fee £200 + 20% VAT (£40) Total £240
Repossession property fee £200 + 20% VAT (£40) Total £240
London property £200 + 20% VAT (£40) Total £240
New build fee £200 + 20% VAT (£40) Total £240
Solar panel lease fee £175 + 20% VAT (£35) Total £210
