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Probate Fees
As with all costs relating to our services at Links Legal, we will outline the details of all relevant fees during our initial discussion. Our aim is to ensure you have a comprehensive understanding of both the process involved and all related costs.
Probate fees vary according to the specific details of the deceased’s estate, but typically your probate solicitors’ fees are charged at 0.75% of the value of the property. We also charge an additional 5% of the value of all other assets in the estate.
Typical Probate Fees
Estate Value
Below £500,000
Approx. probate fees £2,000 – £3,000 +VAT
Above £500,000
Approx. probate fees £10,000 +VAT
These are approximate fees only. The exact cost will depend on the complexity of the estate. Please get in touch for a personalised quote.
Possible Disbursements
£300
His Majesty’s Courts and Tribunals Service probate fee
£2
Additional copies of the Grant of Probate
Likely Timescales
Dealing with the winding up of the affairs of someone who has died can take a long time. It is not unusual for it to take up to 12 months, longer if it is a large estate or if things are not straightforward. Winding up an estate involves dealing with many organisations, for example banks, building societies, insurance companies, share registrars and HM Revenue and Customs.
The estate cannot be dealt with until all claims to it have been received. Individuals have a period of six months from the date when probate is granted to make any claims against the estate.
Other factors that may affect the time taken to administer an estate include whether the financial affairs of the deceased person were in order, or whether they had an interest in a business, whether there are any legal disputes for example, claims against the estate or claims by the estate and any arguments between family members, beneficiaries or executors/personal representatives. All of these factors are issues which have to be resolved before the affairs of the deceased can be settled.