How to ensure your festive property deals get done

Christmas is coming, the goose is getting fat, and you need it to lay golden eggs in the commercial property market!

A firm such as ours, Newmanor Law, provides much more than just legal advice and that is especially true at this time of year when you need your 2024 to end with deals completing successfully. We are there to make sure you get to the finish line without any faff.

For most, cost remains an important factor when choosing a solicitor, especially as, on average, law firms are now charging 40% more than 5 years ago. Nobody can ignore inflation of that magnitude, given how hard it is in the present climate to make appraisals stack up.

The natural reaction is to cut as much cost as you possibly can. As an SME law firm, we really understand how that feels for SME lenders, developers and landlords: it’s a tough market at the moment.

When every penny counts, who should you turn to for legal advice? To the solicitor who provides the most value, that’s who. Newmanor Law is built around this very idea: to provide the best possible value to our clients.

What is the difference between cost and value? It’s the whole package, understanding everything you get from your chosen lawyer, not just the price. Here are the five things that make Newmanor Law stand out from the law firm crowd:

1. Good communication: When you work with Newmanor Law we will keep you informed throughout the transaction. This includes email status updates, explanations of any difficult issues and our views on how those issues can be resolved.
2. A fixed price: We operate on a fixed fee basis, which means that you always know what the cost will be at the end of the transaction. Before the transaction starts we agree with you what we will be doing and we stick to the agreed price. That only changes if you want us to do extra work that was not in our original deal.
3. Manageable fee levels: Unlike larger law firms, Newmanor have kept our fees competitive to reflect the difficult market our clients are operating in. To keep costs to a minimum we have invested in technology that makes us more productive and competitive.
4. Certainty of delivery: When you instruct us, we will always ask you when you want to complete the transaction and will do everything within our power to hit that deadline. We chase the lawyers on the other side to make sure they are on it and, if they are not, we will tell you straight away.
5. Peace of mind: We believe that our clients deserve excellent service from their solicitor so they can focus on their businesses instead of getting pulled into the legal details. We want every Newmanor client to know that we have their backs.

To all the property lenders, developers and landlords out there we wish you the very best of festive cheer. One final thought from us: perhaps it’s time to give yourself the ultimate deal-doer’s Christmas present and make that decision to work with the Newmanor team!