Commercial Property

If you are buying or selling property as a business, you are likely to already be aware of the requirement to have legal advice to deal with some aspects of the actual transfer of ownership of the land, known as conveyancing. This covers appointing a representative to deal with any estate agencies and the other party, to conduct Land Registry, Companies House and bankruptcy searches, to deal with stamp duty, to draft agreements to buy and to ensure any claims to the title of land on the plot are dealt with.

However, specialist legal advice is also recommended for those who have already acquired land for development (perhaps using a generalist conveyancer, rather than a commercial property expert), or who are arranging the lease of land. A solicitor with a good commercial understanding of your business needs can help to give you the best advice on raising finance or arranging any joint ventures or business negotiations with the other party that do not directly relate to the property. Such an advisor is best placed to help you manage the risks in any new venture, and how best to allocate these between yourself and any other party involved. Commercial property experts can also help those who are merely seeking to invest in a new development financially, and to negotiate the extent of their involvement in the project. You should also look for a solicitor with experience of commercial litigation, as you will be in a strong position to have an advisor who can combine their understanding of your property investment with their experience of resolving disputes.