In order to deal with the estate, a Grant may be required.
If the deceased died leaving a Will the executors appointed in the Will shall have to apply for a Grant of Probate. If the deceased died without having made a Will, a Grant of Letters of Administration shall be required.
For more information about what to do when someone dies, go to:
What to do when someone dies factsheet
We do not charge a percentage of the estate. Instead we shall charge for the work done, calculated on an hourly rate. Therefore, no matter how large or small the estate may be, our fees shall be determined by the work done on your file.
Your matter shall be handled by Hannah Pedley. For more information about our Private Client Department click here.
Miss Pedley’s hourly rate is £185 + VAT
In addition to our fees, the following disbursements (costs related to your matter that are payable to third parties) may also be applicable:
- Probate Registry fee to obtain the grant - £155 plus £1.50 for each additional official copy
- Fee to obtain Land Registry entries (for property) - from £3
- Executors Notice - £93.60 to £161.45
- Property valuation from estate agent
- House clearance fees
- Stock broker’s fees
- Accountant’s fees (if a return for income tax or capital gains tax is required)
Depending on the size of the estate, Inheritance Tax may also be payable. This is in addition to any costs paid to us.
The exact cost will depend on the individual circumstances of the matter. For example, if there is one beneficiary and no property, costs will be lower than if there are multiple beneficiaries, a property and multiple bank accounts. We therefore offer a free half hour interview to discuss the matter with you and to give you an estimate of our fees.
Please see some of the examples below, which include information regarding work done on previous cases and the fees charged.
This was a simple estate dealt with by our Miss Pedley. The client was able to provide all of the figures required to draft the legal paperwork and Newman & Bond were instructed to obtain the Grant of Probate only (the client wished to deal with the administration of the estate themselves). The matter took less than a month to complete and our fees came to £495.60 (plus VAT). The disbursements (oath swear fee and fee to obtain Probate) came to a total of £162.50 which resulted in the matter totaling less than £800 inclusive of VAT and all disbursements.
In this case the client instructed Newman & Bond to obtain the Grant of Probate and to transfer the property into their sole name. The estate was simple, and the client was able to provide most of the information. Miss Pedley dealt with obtaining the Grant of Probate and Mr Adam Leece from the conveyancing department dealt with the property transfer (“Assent”). The costs to obtain Probate came to £757.22 (including VAT and all disbursements) and the conveyancing fees came to £466.00 including VAT and disbursements.
This was a more complex matter involving a larger estate where the deceased died intestate. Due to the intestacy rules (the rules which govern how an estate is to be distributed if there is no Will) the deceased’s elderly mother was legally the first person entitled to obtain the Grant of Letters of Administration and inherit the whole of the estate. It had been agreed between the family that the deceased’s sister should deal with matters on her mother’s behalf and inherit the whole of her brother’s estate.
The clients instructed Newman & Bond to:
- draft and execute a simple Power of Attorney allowing the sister to act in the administration of the estate on behalf of her mother
- obtain the Grant of Letters of Administration based on the figures they provided
- draft a Deed of Variation to alter the way in which the estate was due to pass under the intestacy rules
- to draft the estate accounts and administer the estate accordingly
Although the estate appeared simple in the first instance, issues with some of the institutions were encountered during the matter, which the clients requested we dealt with on their behalf. Our Miss Pedley was able to resolve the issues without any further stress or hassle for the clients.
Our fees came to just under £1,900.00 + VAT and the additional disbursements (oath swear fee and the fee to obtain the Grant), a total of just under £2,400.00.
Our Private Client Team
Hannah Pedley is an Associate Solicitor who joined Newman & Bond in April 2018. Following qualification in 2017 Hannah handled a mixture of property and private client files before choosing to specialise in Wills, Probate and Lasting Powers of Attorney when she joined Newman & Bond.
Hannah is an Affiliate member of the Society of Trust and Estate Practitioners (STEP) and is undergoing further qualification in pursuit of attaining her full membership and becoming a recognised Trust and Estate Practitioner (TEP). She has handled a variety of different matters and the feedback received from clients has always been extremely positive.
Wanda Halliday joined Newman & Bond in 2002 and has worked as an assistant in the Private Client Department for over 10 years. Wanda helps with initial enquiries and any queries that arise during the matter. Wanda can take calls and messages when Miss Pedley is not available.
Recent comments from surveys returned include:
A superb service, excellent communication at all times. Caring and professional attitude treating us as a family with a lovely caring attitude, showing sympathy and understanding at a very difficult time.
Lovely service, lovely people