Wills, Lasting Powers of Attorney and Probate Fees
Wills
Basic Single Will £245.00 plus VAT (at 20% - £49.00) = £294.00
Basic Mirror Wills (2) £345.00 plus VAT (at 20% - £69.00) = £414.00
Time scales - from your having provided instructions to us we aim to have your Will executed within 7 - 14 days
Lasting Powers of Attorney
Lasting Powers of Attorney (Financial and Health & Welfare) for 1 person £499.00 plus VAT (20% - £99.80) - £598.80
ID check fee - £15.00 plus VAT (20% - £3) - £18.00
Office of Public Guardianship (OPG) Fee for each Power of Attorney (Financial and Health & Welfare) is £82.00 = £164.00
Total Price inclusive of OPG fees - £780.80
2 x Lasting Powers of Attorney (Financial and Health & Welfare) £799.00 plus VAT (20% - £159.80) - £958.80
ID check fee (2 people) - £30.00 plus VAT (20% - £6) - £36.00
Office of Public Guardianship Fee for each Power of Attorney (Financial and Health & Welfare) per person is £82.00 = £328.00
Total Price inclusive of OPG fees - £1,322.80
Time scales - from lodging the applications we would expect to have your Powers of Attorney returned to us within 8 to 12 weeks.
Grant of Probate
A2 Solicitors LLP Charge £599.00 plus VAT (20% - £119.80) - Totalling £718.80
Probate Registry Fee £273.00
Total Price £991.80
(Additional original copies of Grant of Probate £1.50p each)
Time scales / experience - the process of securing adequate information from you to lodging the application with the Probate Office should take no more than 4 weeks. The Probate Office will take between 8 and 12 weeks to process the application, though has been subject of delays in recent times. The firm has been dealing with Probate applications within our private client department since 2016.
The above fees relate to low to moderate value Estates with a gross value of up to £500,000 and where the IHT205 form may be used.
For Estates exceeding £500,000 or where the IHT400 form is required we will be happy to quote on an individual basis.
The fees quoted relate to the obtaining of a Grant of Probate and not work done in administering an Estate. The services included are seeking initial instructions, considering the Will and Death Certificate, seeking instructions as to the Deceased's assets and valuation of the same, preparing and submitting the Probate Application and Inland Revenue forms and reporting back to the Executors with certified Grant of Probate.
The Administration of the Estate is a separate matter and fees will depend on the value and complexity of an Estate, which affect the amount of time required. For a low to modest value Estate (up to £250,000) the likely range for our costs of administration would be £1,500 to £3,000 plus VAT (at 20% £300 / £600) so £1,800 to £3,600 inclusive of VAT.
Residential Conveyancing
Sale Fees
A2 Solicitors LLP Fee (up to property value of £750,000) - £699 to £899 + VAT (20% £139.80 to £179.80)
Electronic ID check - £15 + VAT (20% - £3) per person
Bank account check - £15 + VAT (20% - £3) per account
CHAPS fee - £30.00 + VAT (20% - £6.00)
Possible supplemental fees
Arranging legal indemnity policy - £29 + VAT (20% - £5.80)
(Fee dependent on property value, location, title registered or unregistered, property bought under Help to Buy Scheme.)
Plus Land Registry Office Copies likely to be required - £6.00 - £18.00
Services included in the price - seeking initial instructions, verifying ID and undertaking AML enquiries, notifying any estate agents involved in the transaction and liaising with them as necessary, seeking any mortgage redemption figures, liaising with the lender as required, liaising with the other party's solicitor, issuing contract packs and dealing with enquiries, dealing with the transaction to exchange of contracts and completion and reporting and accounting at conclusion.
Services NOT included in the price - rectification of title defects, resolution and removal of 2nd or additional charges/mortgages or restrictions. We will provide costs details for such aspects for agreement.
Steps and Timescales - we aim to deal with the transaction as follows, though in many instances the times referred to may actually be less than stated.
Providing quote on request - within 24 hours
Seeking instructions, providing sale documents once instructed, notifying estate agents - within 72 hours of instruction
Undertaking ID and AML checks - within 72 hours of receipt of documents
Seeking mortgage redemption - within 1 week of instruction
Issuing contract pack to buyer's solicitor - within 1 week of receiving your property sale forms or estate agents memorandum of sale, whichever is the latter
Dealing with buyer's enquiries - within 2 weeks of receipt
Accounting to you and lender on completion - same day
Purchase Fees
A2 Solicitors Fee (up to property value of £750,000) - £699 to £899 + VAT (20% £139.80 to £179.80)
CHAPS fee - £30.00 + VAT (20% - £6.00)
Stamp Duty return fee - £50.00 + VAT (20% - £10.00)
Fraud checks fee - £15.00 + VAT (20% - £3.00)
Electronic ID check - £15.00 + VAT (20% - £3.00) - per person
Possible supplemental fees
Acting for a lender (bank or building society) - £150.00 + VAT (20% - £30.00)
Gifted deposit - £49.00 + VAT (20% - £9.80)
Help to Buy - £149.00 + VAT (20% - £29.80)
Unregistered title or Transfer of Part - £149.00 + VAT (205 - £29.80)
Additional Titles - £99.00 + VAT (20% - £19.80)
Leasehold flat (value dependent) - £299 to £399 + VAT (20% - £59.80 to £79.80)
New build - £249 + VAT (20% - £49.80)
Shared ownership - £199 + VAT (20% - £39.80)
Help to Buy ISA - £75.00 + VAT (20% - £15.00)
Listed Building - £99.00 + VAT (20% - £19.80)
Private services (eg fresh water or waste) - £99.00 + VAT (20% - £19.80)
Client resident outside UK - £99.00 + VAT (20% - £19.80)
Arranging legal indemnity policy - £29 + VAT (20% - £5.80)
(Fees are dependent on property value, location, registered or unregistered, Leasehold or Freehold, House or flat, method of funding, property bought under Help to Buy Scheme, Shared Ownership/New Build property.)
Searches package - £290.60
(This includes Local Search, Coal Mining Search, Environmental Search, Water and Drainage Search and Chancel Liability Search as standard)
Land Registry Fees likely range from £45 to £330
(Dependent upon value of property and registered or unregistered title)
Plus Stamp Duty dependent upon value and whether this is your main home can be found at Stamp Duty Rates
Fees quoted are based on information provided and subject to property with one registered title. If the property is unregistered or you require us to carry out other work, we will provide you with costs for the same. Search Fees shown include VAT and may vary dependent on area. Land Registry Fees quoted assume the property is registered and not New Build. Land Registry Fees for unregistered property and new build are double the cost shown. Additional costs are associated with property bought under Help to Buy Schemes. Purchases of property which is not for your main home or where you or your partner have owned property previously anywhere in the world may be subject to higher Stamp Duty rates.
Services included - seeking initial instructions, notifying any estate agents involved in the transaction and liaising with them as necessary, seeking and advising on mortgage offers, liaising with the lender as required, liaising with the other party's solicitor, seeking and advising on the contract pack, seeking and reporting on legal searches, raising and reporting on enquiries, dealing with the transaction to exchange of contracts and completion and reporting and accounting at conclusion, submitting Stamp Duty return, making Stamp duty payment and arranging registration of the transaction with the Land Registry.
Services NOT included - Please see above possible additional supplemental fees and aspects which are not included in our base fees. We will provide details of costs for agreement to deal with such aspects.
Steps and Timescales - we aim to deal with the transaction as follows. An average property transaction might take between 10 and 14 weeks, though there can be variance. Other factors can alter the time period including the length of any chain, issues with the title, other parties in the chain requirements and delays with searches (in particular local authority searches. This is not exhaustive and there can be different reasons a transaction or the steps mentioned may take longer than the average, so are a guide. In many instances the times referred to may actually be less than stated.
Providing quote on request - within 24 hours
Seeking instructions, providing purchase documents once instructed, notifying estate agents and seller's solicitors - within 72 hours of instruction
Undertaking ID and AML checks (if not done on related sale transaction)- within 72 hours of receipt of documents
Advising on mortgage offer - within 1 week of instruction
Advising on contract pack and title - within 2 weeks of receipt
Raising enquiries with buyer's - within 2 weeks of receipt of contract pack or all search results, whichever is the latter
Reporting on buyer's replies - within 72 hours of receipt
Reporting and accounting to you on completion - same day
Submission of and payment of Stamp Duty - within 72 hours of completion
Lodging of application to Land Registry - within 24 hours of receipt of seller's executed Transfer Deed
Providing Land Registry title documentation - within 72 hours of receipt
Change of Name Deed
Change of Name Deed £149.00 plus VAT (at 20% - £29.80) totalling £178.80.
Timescales - we aim to be able to complete such a matter in 2 to 4 weeks.
Identity and due diligence checks
Please note that we are required to do Anti-Money Laundering (AML) checks, checks on other lawyers and bank account checks. Our fees relating to such checks are:
ID check - £15.00 per person plus VAT (at 20% - £3.00) totalling £18.00
Lawyer, fraud / account checks - £15.00 plus VAT (at 20% - £3.00) totalling £18.00
Charging rates
Where we do not act under a Fixed fee our fees are calculated by reference to an hourly charging rate. The rate for a Partner solicitor or qualified licenced conveyancer is £250 per hour plus VAT (at 20% - £50) totalling £290 per hour. For other staff the rate is £150 per hour plus VAT (at 20% - £30) totalling £180 per hour.
** ALL ABOVE PRICES ARE BASED UPON CLIENTS ATTENDING OUR OFFICE. FOR VISITS AWAY FROM THE OFFICE FURTHER CHARGES MAY APPLY**
We may at our discretion make a marketing payment to an introducer of work or clients. Details will be provided on request.