Contributed By Hawkins Hatton Corporate Lawyers Ltd
A deposit may be payable under a rent deposit deed at the start of a lease. In addition, a tenant will be responsible for registration of a lease (if it is for more than seven years), as well as payment of the modest registration fee. SDLT is also payable for a commercial lease as detailed in 2.10 Taxes Applicable to a Transaction, above. Subject to negotiation insurance rent and service charge may also be payable at the outset.