The Solicitors’ Remuneration (Amendment) Order 2017 (“SRAO”) has been gazetted and will be in force from 15 March 2017.
The SRAO makes several important changes to the Solicitors’ Remuneration Order 2005 (“SRO”), which sets out the fees payable to lawyers in property transactions, including —
- sale and purchase transactions (subsale and developer transactions);
- leases and tenancies; and
- charges, debentures, and other security or financing documents.