Probate Application Fees
Currently the application fee for a Grant of Probate for an estate is a flat fee of £215. There is no fee if the estate is under £5,000.
The government are considering proposals for reforming the fee payable and a revised fee regime may be put in place where there would be banded fees that were dependent on the value of the estate.
The good news would be that if the proposed fee structure was adopted it would increase the value of the estate where no fee is payable from £5,000 to £50,000.
Estates over £50,000 would see an increase in fees as a result of the new regime:
Up to £50,000 – £0
£50,000 to £300,000 – £300
£300,000 to £500,000 – £1,000
£500,000 to £1m – £4,000
£1m to £1.6m – £8,000
£1.6m to £2m – £12,000
Above £2m – £20,000
Tags: probate, probate fees, wills