Advice for Commercial Rent Deposits & Rent Deposit Deeds

This product is for our drafting to the specification we have been told is agreed for a contract to take or give cash security for the obligations in a lease of commercial property.

Our holding the security ourselves is our ESCROW service

The product does not include our involvement in the agreement of those terms – see Commercial Property Agreement

We don’t generally do anything for new clients until our process of client retention has concluded – this involves agreeing the scope of what we are doing for the price (our terms are below), setting-up our client record (that includes ID checks), and producing the bill (payment in advance is required for all new clients).

After that, the production of the deed a job that we can undertake in a few hours once we can schedule it in our workflow, that can depend on how busy we are at any particular time. We would not usually take-on a job for which we could not engage within about a working week.

Some type of Deposit should be registered at Companies House – we will advise in detail on being instructed.

Your supplier is SRA-regulated Mounteney Solicitors, that charges VAT some customers may be able to reclaim

We charge £700 + VAT = £840

There is more about our fees on our website here

If you have any questions or require any further information, please don’t hesitate to Contact Us.