Our charges for obtaining a Grant of Probate/Letters of Administration only without administration of the Estate, and dependent upon any specific matters that we become aware of having received instructions, will be £600.00 plus VAT and the relevant Probate Registry Fee payable at the time of application. Currently the fee payable is £155.00.
Separately, where we are instructed to deal with the administration of the estate we will charge on the basis of the hourly rate of the Fee Earner concerned for all work carried out in connection with the matter. In addition, we will make a charge of 1% of the value of the estate excluding any property and in respect of any property or land we will charge a fee of 0.5% of the value of the same.
We will provide the necessary services required to obtain Grant of Representation and deal with the administration of the estate and distribution of assets.
It is difficult to be precise but the average cost of dealing with the obtaining of a Grant of Representation (not complex or high value) and administration thereafter would be in the region of £3,000.00 to £6,000.00 exclusive of VAT and disbursements.
With regard to timescales it is totally dependent upon the complexity of the matter but in straight forward cased we would estimate that the administration could be completed within six to eight months. If we are only instructed to obtain the Grant of Representation it is dependent upon the time taken by the Probate Registry to complete the application once submitted and we would estimate a time period in the region of two months.