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

£400 plus VAT and disbursements

Transfer/Assent (including registration of a property will trust) of unregistered land

£500 + VAT and disbursements

Sale of a property that is either registered/unregistered (freehold)

£600 + VAT and disbursements

Sale of a property that is either registered/unregistered (Leasehold)

£700 + 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.