NEW PROBATE FEES SCRAPPED !
You have possibly heard that Probate fees were due to increase on 1st May 2017 for all estates over £50,000. The table below sets out the new proposed fee structure. These have now been “shelved” for the time-being – given the current general election. They were not generally popular and therefore, hopefully, they will not be making a reappearance.
Value of estate | Fee required |
0-£50,000 | Nil |
£50,001-£300,000 | £300 |
£300,001-£500,000 | £1000 |
£500,001-£1,000,000 | £4000 |
£1,000,001-£1,600,000 | £8000 |
£1,600,001-£2,000,000 | £12,000 |
£2,000,001 or more | £20,000 |
If you would like any further information, please telephone our Probate expert Andrew Gullett on 01924 332395. Probate can normally be obtained quickly at a fixed price.
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