Level of rent up to £25,000 per annum

For more information regarding what is included in each of our commercial landlord service packages please use the links below, you can also call us on 0203 816 9303.

Level 1 - package £950 plus VAT and disbursements 

  1. Prepare our standard form of lease (you have a choice of short or long form lease upon which we shall offer guidance) incorporating basic lease terms that you have agreed with your tenant. We shall also if necessary enter into limited negotiation (max 2 hours) with the tenant’s solicitor and assist in preparing replies to enquiries. 
  2. Report on the chosen form of lease.
  3. Attend to completion formalities, including if necessary obtaining the consent from your lender but excluding consent from your superior landlord.


Please note for example though this is not an exhaustive list that many appropriate service provisions are not included in this package, such as considering the landlords title (save for checking ownership), negotiating and amending the form of lease beyond the two hours included, preparing ancillary documents and obtaining consent from your superior landlord.

Given that this is a fixed price package, we will limit the time spent on the matter (whether that be in preparation and perusal, telephone conversation, written exercises including emails, or otherwise). For a transaction and product of this nature, we estimate 5-6 hours work being required. We will however carry out within this package work up to 7 hours total. Should we envisage the need to spend more than 7 hours work to achieve the objectives of the silver package, we will immediately contact you to explain and discuss additional work and associated fees required.

If the lease is to be excluded from the security of tenure provisions of the Landlord and Tenant Act 1954 in addition to the draft lease we shall also need to prepare notices and statutory declarations for serving on the tenant. Our additional costs in preparing this documentation will be £75 plus VAT but where there is also a guarantor to the lease our additional costs will be £100 plus VAT. If you are uncertain as to whether or not the lease is to be excluded from the security of tenure provisions please do contact a member of our landlord and tenant team who will be happy to discuss the matter with you further.

Level 2 - £1,250 plus VAT and disbursements 

  1. Prepare our standard form of lease (you have a choice of short or long form lease upon which we shall offer guidance) incorporating basic lease terms that you have agreed with your tenant. We shall also if necessary enter into limited negotiation (max 3 hours) with the tenant’s solicitor and assist in preparing replies to enquiries. 
  2. Investigate your title to the property to ensure that the lease complies with and passes all relevant covenants and restriction on to your tenant.
  3. Report on the chosen form of lease.
  4. Attend to completion formalities, including if necessary obtaining the consent from your lender.

 
Please note certain service provisions are not included in this package, such as negotiating and amending the form of lease beyond the three hours included, preparing ancillary documents and obtaining consent from your superior landlord.

Given that this is a fixed price package, we will limit the time spent on the matter (whether that be in preparation and perusal, telephone conversation, written exercises including emails, or otherwise). For a transaction and product of this nature, we estimate 7-8 hours work being required. We will however carry out within this package work up to 9 hours total. Should we envisage the need to spend more than 9 hours work to achieve the objectives of the gold package, we will immediately contact you to explain and discuss additional work and associated fees required.

If the lease is to be excluded from the security of tenure provisions of the Landlord and Tenant Act 1954 in addition to the draft lease we shall also need to prepare notices and statutory declarations for serving on the tenant. Our additional costs in preparing this documentation will be £75 plus VAT but where there is also a guarantor to the lease our additional costs will be £100 plus VAT. If you are uncertain as to whether or not the lease is to be excluded from the security of tenure provisions please do contact a member of our landlord and tenant team who will be happy to discuss the matter with you further.

Level 3

The platinum package is a bespoke service; the full extent of the work that we are to carry out will be agreed with you. We anticipate that it will be the gold package but without limitation on the amount of negotiation, amendments, investigation, reporting etc. It will be a fee based on an hourly rate agreed with you, with a cap on the number of hours that you wish for us to perform in our duties.

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The basic fee packages are prepared for advising on standard lease arrangements, and though within the packages there are details of what services are included and excluded, in all cases the packages exclude advising on, such as:

  • New build arrangements, construction documents, warranties, and matters alike.
  • Multiple property titles,
  • Unregistered titles,
  • Extra negotiations and advices beyond what is included within the packages,
  • Title defects that require advice, insurance or other,
  • Agreement for leases, licences for alterations, licences to underlet and, consents and alike.

 This list is not exhaustive but covers many eventualities.
 
We will as soon as we become aware of something that is not included within your chosen package, whether that is at the outset or during the transaction, make this immediately known  to you, so you can decide whether you wish to instruct us to cease acting, or proceed with or without assistance  upon those matters or otherwise. We will at such time provide you with an additional fee estimate for any extra work required. Please note that our fixed fees are payable whether or not your intended lease completes.on the number of hours that you wish for us to perform in our duties.

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As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.