How much does probate cost?
Grant of probate/grant of letters of administration only - £849 plus VAT*
Executors/administrators can then deal with the administration of the estate after we have obtained the grant for them.
Dealing with entire estate (obtaining grant, collecting in assets and distributing to beneficiaries)
Average estate values are under £325,000 and with no inheritance tax payable, where this is the case our average prices are :
Basic price range
Estate of 1 property and up to 4 accounts - £1,500 plus VAT*
Estate of 1 property and from 4 up to 10 accounts - £2,100 plus VAT*
Additional costs relating to the administration of the estate
If there is no Will there will be an additional charge in relation to the increased complexity £300 plus VAT*
Banded fee scale in relation to number of shareholdings/stock
Additional fee as follows:
1 to 3 share holdings - £100 plus VAT*
3 to 5 share holdings - £250 plus VAT*
6 plus share holdings - £300 plus VAT*
Banded fee scale in relation to number of beneficiaries
Additional fee as follows:
3 to 5 beneficiaries - £100 plus VAT
6 plus beneficiaries - £250 plus VAT
Probate Court fee of £155
£0.50 for each office copy of the grant required (1 per asset usually)
£3 plus VAT HM Land Registry official copy entry
£2 bankruptcy search
£5 plus VAT for electronic ID search
HM Land Registry registration fees based on scales and the value and status of the property
Other disbursements will be advised as required, e.g. accountant’s fee for potential income tax return, statutory advertisement fee to advertise for unknown creditors, asset tracing fee
There may be additional disbursements for lost share certificates and share registrar and/or sale agent fees on transfer or sale of the shares
S27 Advertisements in the London Gazette and a local newspaper in from £150 - £300 depending on the local newspaper advertising costs.
Stockbroker fees - £25 - £150 depending on the number of shareholdings to be dealt with.
How long will the probate process take?
If obtaining a grant of probate only the process will typically take 4-8 weeks, the full administration of an estate can take around 6 months as the process is reliant on 3rd parties.
Key stages of obtaining grant of probate
- Taking instructions,
- Obtaining estate values from executor
- Preparation of oath and HMRC forms
- Attendance to swear oath
- Submission to Probate Registry/HMRC
- Obtaining grant and copies and provision to executor
Key stages - administration of estate
Our prices include the following:
Obtaining estate values
Preparation of oath and HMRC forms
Attendance to swear oath
Submission to Probate Registry/HMRC
Payment of tax (if any)
Obtaining grant and copies
Providing these to financial institutions
Collecting in assets
Preparation of estate accounts
Obtaining executor approval and distribution of the estate
*not included in the price are the sales fees on properties, estate agency, taxes and HMLR fees.
What qualifications do the team hold?
All estate administration work is supervised by a qualified solicitor. Specific experience can be seen in the individual staff profiles.