Panel solicitor fee schedules
A list of activities and associated costs can be found on our panel solicitor fee schedules below.
Standard fees and disbursements for Commercial Property
Work Type | Fee | |
| Purchase/sale/in specie transfer - assuming standard due diligence | Purchase/sale price or value: Up to £200k - £1,500 + VAT Above £1M - by negotiation | |
| New occupational Lease to member tenant, simultaneous with purchase | Lease of whole - £750 + VAT Lease of part - £950 + VAT | |
| New occupational Lease to 3rd party tenant, simultaneous with purchase | Lease of whole - £1,100 + VAT Lease of part - £1,300 + VAT | |
| Reviewing existing long Lease for suitability for pension scheme, simultaneous with purchase | £350 + VAT | |
| Reviewing existing occupational Lease for suitability for pension scheme, simultaneous with purchase | £350 + VAT | |
| Preparation of new long Lease to Pension Scheme, simultaneous with purchase | Minimum £550 + VAT (depending on complexity) | |
| Mortgage, acting for lender | £600 + VAT | |
| Mortgage, lender separately represented | £950 + VAT | |
| Licence to Assign including Authorised Guarantee Agreement | £1,250 + VAT (costs usually paid by Tenant) | |
| Licence to Underlet including Review of Underlease | £1,350 + VAT (costs usually paid by Tenant) | |
| Licence for Alterations | £1,250 + VAT (costs usually paid by Tenant) | |
| New/Renewal Lease to 3rd party tenant, not with purchase | Lease of whole - £1,350 + VAT Lease of part - £1,500 + VAT | |
| New/Renewal Lease to member tenant, not with purchase | Lease of whole - £950 + VAT Lease of part - £1,150 + VAT | |
| Option Agreement | £1,750 + VAT | |
| Deed of Surrender | £650 + VAT | |
| Rent Deposit Deed | £600 + VAT | |
| Deed of Assignment of Rent Deposit Deed | £550 + VAT | |
| Deed of Variation | Minimum £600 + VAT | |
| Tenancy at Will or Law Society Lease | £750 + VAT | |
| Mortgagee consent | £450 + VAT | |
| Deed of Covenant with Management Company, simultaneous with purchase | £500 + VAT | |
| Joint Owners Agreement | £600 + VAT | |
Standard fees and disbursements for Agriculture and Rural Property
Work Type | Fee | |
| Purchase/sale/in specie transfer - assuming standard due diligence | Purchase/sale price or value: Up to £200k - £1,500 + VAT Above £1M - by negotiation | |
| New Farm Business Tenancy to member tenant, simultaneous with purchase | £1,050 + VAT | |
| New Farm Business Tenancy to 3rd party tenant, simultaneous with purchase | £1,250 + VAT | |
| Mortgage, acting for lender | £600 + VAT | |
| Mortgage, lender separately represented | £950 + VAT | |
| New/Renewal Farm Business Tenancy to 3rd party tenant, not with purchase | £1,350 + VAT | |
| New/Renewal Farm Business Tenancy to member tenant, not with purchase | £1,150 + VAT | |
| Option Agreement | £1,750 + VAT | |
| Deed of Surrender | £650 + VAT | |
| Rent Deposit Deed | £600 + VAT | |
| Deed of Variation | Minimum £600 + VAT | |
| Tenancy at Will or Law Society Lease | £750 + VAT | |
| Mortgagee consent | £450 + VAT | |
Standard fees and disbursements for Commercial Litigation
Work Type | Fee | |
| Section 25 notice (non-hostile) | £1,000 + VAT | |
| Section 25 notice (hostile) | £1,000 + VAT | |
| Section 26 notice | £1,000 + VAT | |
| Section 27 notice | £750 + VAT | |
| Section 40 notice | £750 + VAT | |
| Section 40 reply | £800 + VAT | |
| Break notices | £1,100 + VAT | |
| Letter serving dilapidations | £1,100 + VAT | |
Litigation
By negotiation with James Hay or member as appropriate.
Notes
- Fees stated above are estimates and additional fees will be charged for unusually complex or protracted matters.
- All fees exclusive of VAT and disbursements.
- Please contact the panel solicitor direct if further information on fees is required.
- If a tenant is not represented and the lease is registrable, some of our panel solicitors currently offer to deal with the tenants registration and Stamp Duty Land Tax returns after completion but strictly on the basis that:
- they are not advising the tenant on the terms of the lease; and
- that there is a separate charge to the tenant for that work (which includes the Stamp Duty Land Tax and land registry fees).