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Probate


Our fees

To obtaining grant of probate/letters of administration, we would charge on a time spent basis at the current hourly rate of £300 plus VAT per hour plus disbursements subject to a minimum of £1,750 plus VAT and disbursements.

 

 

Full estate administration – we will charge on a time spent basis at the current hourly rate of £300 plus VAT per hour plus disbursements subject to a minimum of 0.25% plus VAT of the value of Property (Land and Buildings) and the value of all other assets.

 

The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be lower. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end as the time spent will be higher.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

  • Currently the Court fees are £155

  • Office copy entries and title documents from the Land Registry from £3 per document plus VAT.

  • Swearing of the oath (per executor) £7.50

  • Bankruptcy-only Land Charges Department searches (£2 + VAT per beneficiary name)

  • Advertisement in The London Gazette – Protects against unexpected claims from unknown creditors £78 plus VAT.

  • Advertisement in a Local Newspaper (this will vary depending on the rates of the local paper) – £80 to £150 plus VAT This also helps to protect against unexpected claims

 

 

Potential additional costs

 

  • If there is no Will or the estate consists of any share holdings (stocks and bonds) there is likely to be additional costs that could vary significantly depending on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information.

  • If any additional copies of the grant are required, they will cost £0.50 each (1 per asset usually).

  • Dealing with the sale or transfer of any property in the estate is not included and an additional charge will apply. You will be advised of this nearer the time

 

 

How long will this take?

 

On average, estates that are simple estates are usually dealt with within 1-6 months. Typically, obtaining the grant of probate takes 6 to 8 weeks. Collecting assets then follows, which can take between 6 to 8 weeks. Once this has been done, we can distribute the assets, which normally takes 4 to 6 weeks.

Whilst every effort has been made to ensure the above fees are accurate we reserve the right to raise further charges if the complexity or amount of work involved exceeds levels anticipated at the outset. Please note that the cost of disbursements are subject to any increases (which are out of our control) which may be imposed by third party suppliers, or if some of the information on which our quotation is based proves later to be incorrect. Our fees are applicable only for probates matters in England and Wales.