Probate Fees have been charged at a flat rate of £155 (the Court Application fees) but this is changing to a value based charge, depending on the value of the estate.
From the 1st May the application fee will depend upon the value of the estate:
|Estate Worth||Application Fee|
|£50,000.00 – £300,000.00||£300.00|
|£300,000.00 – £500,000.00||£1,000.00|
|£500,000.00 – £1,000,000.00||£4,000.00|
|£1,000,000.00 – £1,600,000.00||£8,000.00|
|£1,600,000.00 – £2,000,000.00||£12,000.00|
This is an increase for all estates, but for those worth over £300,000 is a substantial increase in cost.
If you are currently dealing with an estate and need to obtain Grant of Probate before the increase in fees, please contact us for assistance. There is still time to apply now before the application fees increase.
Contact Emma Fuller on 01509212108 or firstname.lastname@example.org
Contact Kate Godber on 01858434022 or email@example.com
If you would like to discuss this further please contact Edward Hands & Lewis Solicitors on 0116 2665394 or find your nearest office on our website.Talk to our legal team
The information provided in all of our blogs reflects only a narrative of some elements to consider on the topic. The blogs do not contain considered legal advice and should not be relied upon as advice. Please see our website terms and conditions for full details of our disclaimer. If you are interested in obtaining advice, please contact one of our lawyers who will be happy and able to advise you on your own particular circumstances.