Our hourly rates
Our costs are calculated on an hourly rate basis. Hourly rates are dependent on a lawyer’s qualified and experience.
Our hourly rates are:
||Price per hour
||Total per hour
|Head of Department (Partner)
||£260.00 to £280.00
||£52.00 to £56.00
||£312.00 to £336.00
||£150.00 to £160.00
||£30.00 to £32.00
||£180.00 to £192.00
Hourly rates are exclusive of VAT. We charge VAT at 20%.
Estimated total costs
Our charges are based on the complexity of the estate and on two factors:
- the time spent working on the matter; and
- a percentage based on the gross value of the estate. The percentage charge is based on 0.5% of the gross value of any property (i.e. houses, land and buildings) and 1% of the gross value of all other assets.
Here is an example of the costs to administer an estate for a property worth £150,000.00 and assets to the value of £50,000.00. The matter has been allocated to a solicitor (hourly rate of £210 per hour plus VAT). We anticipate the estate will take approximately 10 hours’ of work.
|Solicitor’s legal costs
|0.5% of the gross value of a property of £150,000.00
|1.0% of the gross value of all other assets of £50,000.00
The cost estimate above is for estates where:
- There is a valid will.
- There is no more than one property.
- There are no more than three bank or building society accounts.
- There are no other assets.
- There are one or two beneficiaries who are also the executors of the will.
- There are no disputes between the executors or beneficiaries. If disputes arise this is likely to lead to an increase in costs.
- There is no inheritance tax payable and the executors do not need to submit a full account to HMRC.
- There are no claims made against the estate.
The exact costs will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs will be at the higher end.
Potential additional costs
Various complications could mean there would 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, but some common complications are set out below:
- If there is no will.
- The estate consists of any shareholdings (stocks and bonds) and/or uncashed dividends.
- If the estate contains business or agricultural assets.
- If the estate contains non-UK assets or the person who has died was not domiciled in the UK.
- If the person who died had made substantial gifts during their lifetime.
- If there is a missing will or missing assets.
- Beneficiaries cannot be identified or are abroad.
- Inheritance tax is payable. To calculate the amount of inheritance tax that may be due please refer to the Government website.
- The tax affairs of the person who has died are not up-to-date.
- The estate is insolvent or has significant liabilities.
- The executors named in the will lack capacity or die during the administration.
- A trust arises under the will.
- Disputes arise between executors or between the executors and beneficiaries.
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. This list is not exhaustive and other disbursements may apply:
|Probate application fee
|Sealed copies of the Grant cost
|Bankruptcy-only land charges department searches
||£2.00 per beneficiary
||£2.00 per beneficiary
|Trustee Act Notice in the London Gazette
(this protects against unexpected claims from unknown creditors)
|Trustee Act Notice in a local newspaper
(this also helps to protect against unexpected claims)
What services are included
The services included are:
- Identify the legally appointed executors or administrators and beneficiaries.
- Accurately identify the type of probate application you will require.
- Obtain the relevant documents required to make the application.
- Complete the probate application and the relevant HMRC forms.
- Draft a legal oath for you to swear.
- Make the application to the Probate Court on your behalf.
- Obtain the probate and securely send two copies to you.
- Collect and distribute all assets in the estate.
What services are not included
- Our services do not include dealing with the sale or transfer of any property in the estate. We can provide a separate quote for this work. If your property is a residential property, our costs for this work are available here.
How long will this take?
On average, estates that fall within this range are dealt with within three to six months. Typically, obtaining the grant of probate takes between 16 and 22 weeks. Collecting the assets then follows, which can take between 2 and 6 weeks.
Once this has been done, we can distribute the assets, which normally takes between 2 and 4 weeks. If the property is to be sold rather than transferred, this may mean the time taken to deal with the total estate will be longer.