Commercial Property Law

Richard George & Jenkins offer many years of experience with property law in the UK and have represented buyers, sellers and property developers.

Our solicitors can offer assistance with property law in the following ways:

Help you fully understand the issues involved in purchasing or selling property in England and Wales

Assistance with buying or selling at public auction/private treaty

Information about the costs involved (including taxes)

Advice for your Contract for Sale

Negotiating terms and conditions for the sale or purchase of property

Advice in regard to sale or purchase of vacant land, units, flats and rural land

Advice for meeting lender requirements

Arrange title searches and land enquiries

Help with the legal requirements for subdivisions and property developments

Advice in regard to building contracts

Advice and negotiation in regard to neighbourhood disputes including dividing fence disputes

Representation in dispute resolution and at Court

Work expected to be carried out in this transaction but not included.

None.

Fees

There is a standard minimum charge of 1.00% of value (all matters are a minimum £995 plus VAT) - this can be discussed with fee earner.

Failed Transactions

Should the transaction fail to proceed to completion, then we will charge a proportion of the above fee, as a minimum. We will also add VAT and any disbursements we have paid out on your behalf. Please see as follows:

STAGE TRANSACTION HAS REACHED:

25% of the fee quoted where we have received and considered the draft papers from the Seller’s solicitors or read the Estate Agents Particulars for the Property.

50% of the fee quoted where we have received answers to our preliminary enquiries and received additional search results and any mortgage instructions, if applicable.

75% of the fee quoted where we have advised you on the terms of the purchase and are in a position to proceed to exchange.

Matter Specific Disbursements

Below are a list of the more common disbursements that arise on a purchase:

As these are commercial searches they vary greatly depending on the price and complexity of the property being searched. An estimate for commercial searches is between £800 and £1,500.

Local Authority Search

Drainage and Water Search

Environmental Search

Chancel Search

Bankruptcy Search - Cost £7.80 (per name).

OS1 Search - Cost £8.80.

AP1 Submission Fee

Land Registry Fee: This will be given when we have all the relevant information. For further information you can visit https://www.gov.uk/guidance/hm-land-registry-registration-services-fees