Tips for First-Time Buyers in Commercial Real Estate
Although 2024 was a low point for the commercial real estate market, research from industry experts CBRE suggests that investment will increase by around 15% this year. Combined with their forecast of 1.8% growth in the UK economy, 2025 looks set to be a good time for...
The Role of Commercial Conveyancing Solicitors in Lease Negotiations
Whether you’re a landlord looking for a stable tenant or a business looking to set up a long-term base, lease negotiations are a key element of commercial property transactions. Commercial conveyancing solicitors play a pivotal role in arranging a solid lease...
How to prepare for a commercial property purchase
Recent data from Rightmove shows an 11% rise in commercial property investment compared to the previous year. This increase marks the biggest quarterly leap in demand since 2021, indicating a buoyant market for potential investors. With the market performing well,...
The advantages of working with a local commercial conveyancing solicitor
The commercial conveyancing process involves legal complexities that a qualified solicitor with local expertise can help you navigate. They’ll manage risks, negotiate terms, and ensure compliance with national and regional regulations. Their local knowledge...
Stamp Duty change in April: How this may impact you
Stamp Duty Land Tax (SDLT) rates change on April 1, 2025. Buying a house after this date could significantly increase the cost of your purchase, making it crucial to act before the changes take effect. Before we explore the impact of the rate change, let’s...
How much does commercial conveyancing cost?
Commercial conveyancing tends to be more complex than residential transactions and, as such, more expensive. It’s vital that business owners, investors, and landlords understand commercial conveyancing costs to achieve effective budgeting and financial...
How much does residential conveyancing cost?
The commercial conveyancing process is an essential element in buying and selling property. However, conveyancing fees are one of the most overlooked expenses. Understanding these fees will help you plan your budget and avoid unwanted surprises. Here’s an...
Toomey Legal Flow Chart
Step 1 Your offer is accepted, and you instruct a Conveyancer. We open a file and send a client care pack for you to complete and return. UK ‘national average’ for the Conveyancing process is 12-16 weeks. Step 2 We will receive the contract documents from the seller’s...