Protection against COVID-19.
Please be assured that we are still open and fully operational. We are committed to ensuring that everyone gets access to the advice that they need whilst following all government guidelines. We can facilitate meetings under safe conditions at our offices, your home or garden (where 2m social distancing is possible) as well as by telephone and video conference.
Understandably, we are anticipating a high volume of enquiries relating to reviewing or putting Wills in place so we would advise that if you have an appointment slot booked but are concerned about visiting one of our offices or having a home visit then please get in touch with us on 01332 321572 to ensure we can facilitate a telephone appointment with one of our specially trained advisors.
A Guide to Right Probate and Conveyancing Costs *
Grant only
IHT205 Form Only - £1,250.00 plus VAT and disbursements
IHT205 Form + IHT217 Form (Transfer Nil Rate Band) - £1,750.00 plus VAT and disbursements
IHT400 Forms - £2,500.00 plus VAT and disbursements
Full Admin
An estimate of 1.5% plus VAT of the gross value of the estate for inheritance tax purposes, subject to a minimum fee of £2,500.00 plus VAT. Please note, the complexity of the administration may require a higher fee. Once the Fact Find has been received it will be reviewed and the client will be contacted again to confirm costs.
Other
Deeds of variation need to be quoted on request.
Trust administration is hourly rate of £225 plus VAT.
Conveyancing
Transfer/Assent (including registration of a property will trust) of registered land
£475 plus VAT and disbursements
Transfer/Assent (including registration of a property will trust) of unregistered land
£825 plus VAT and disbursements
Sale of a registered property (freehold)
£750 + VAT and disbursements
Sale of an unregistered property (freehold)
£975 + VAT and disbursements
Sale of a registered property (Leasehold)
£950 + VAT and disbursements
Sale of an unregistered property (Leasehold)
£1150 + VAT and disbursements
Declaration of trust
Estimate of £350 plus VAT –once reviewed a fixed cost will be given.
To understand the steps in the probate journey please click here...
Key
IHT 205 – HMRC form for a non-taxable estate
IHT 400 – HMRC form involving a more comprehensive tax submission
TNRB – Transferring an unused inheritance tax allowance from a deceased husband/wife/civil partner.
RNRB – Additional tax allowance applicable when property passes to a direct descendant
TRNRB – Transferring an unused RNRB from a deceased husband/wife/civil partner
Disbursement – for example; Probate Court fee (£155) Oath Fee (£5-£10) Land Registry fee (varies) Office Copies (£3)
* Please note these prices are estimates for a standard case, a full case specific estimate can be obtained on request. Factors that could increase the overall costs are; value of estate, complexity and if contentious.