ActivityFee estimate
Purchase/sale/in specie transfer

Up to £200k - £1,350
Up to £400k - £1,500
Up to £600k - £1,650
Up to £800k - £2,000

Above £800k - by negotiation

New occupational Lease to member tenant, simultaneous with purchase

Lease of whole - £600

Lease of part - £800

New occupational Lease to 3rd party tenant, simultaneous with purchase

Lease of whole - £950

Lease of part - £1,150

Reviewing existing long lease for suitability for Pension Scheme, simultaneous with purchase 

 £350 

Preparation of new long lease to Pension Scheme, simultaneous with purchase 

 £450 
Mortgage, acting for lender £450 
Mortgage, lender separately represented £750 
Licence to Assign  £850 
Authorised Guarantee Agreement  £250
Licence to Underlet  £850
Review of underlease prepared by 3rd party solicitor £350
Licence to Alter £850
New/Renewal Lease - 3rd Party tenant not with purchase

Lease of whole - £1,150

Lease of part - £1,350
New/Renewal Lease - member tenant not with purchase 

Lease of whole - £800

Lease of part - £1,000 
Option Agreement  £1,500 
Deed of Surrender  £500 
Rent Deposit Deed  £500
Deed of Variation  Minimum £500 
Tenancy at Will or Law Society Lease  £600 
Mortgagee consent  £350
Deed of Covenant with Management Company simultaneous with purchase  £400 

Purchase/sale/in specie transfer ~ Up to £200k - £1,350; Up to £400k - £1,500; Up to £600k - £1,650; Up to £800k - £2,000; Above £800k - by negotiation

New occupational Lease to member tenant, simultaneous with purchase ~ Lease of whole - £600; Lease of part - £800

New occupational Lease to 3rd party tenant, simultaneous with purchase ~ Lease of whole - £950; Lease of part - £1,150

Reviewing existing long lease for suitability for Pension Scheme, simultaneous with purchase ~ £350

Preparation of new long lease to Pension Scheme, simultaneous with purchase ~ £450

Mortgage, acting for lender ~ £450 

Mortgage, lender separately represented ~ £750

Licence to Assign ~ £850 

Authorised Guarantee Agreement ~ £250

Licence to Underlet ~ £850

Review of underlease prepared by 3rd party solicitor ~ £350

Licence to Alter ~ £850

New/Renewal Lease - 3rd Party tenant not with purchase ~ Lease of whole - £1,150; Lease of part - £1,350

New/Renewal Lease - member tenant not with purchase ~ Lease of whole - £800; Lease of part - £1,000

Option Agreement ~ £1,500 

Deed of Surrender ~ £500

Rent Deposit Deed ~ £500

Deed of Variation ~ Minimum £500 

Tenancy at Will or Law Society Lease ~ £600

Mortgagee consent ~ £350 

Deed of Covenant with Management Company simultaneous with purchase ~ £400

Litigation

By negotiation with James Hay or member as appropriate.

Notes

  1. Fees stated above are estimates and additional fees will be charged for unusually complex or protracted matters.
  2. All fees exclusive of VAT and disbursements.
  3. Please contact the panel solicitor direct if further information on fees is required.
  4. 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).