Information on Fees

Information on Fees

Probate Charges

Charges quoted relate to a “full service” Probate Service with our firm dealing with all matters required to obtain a Grant of Probate, collecting in the assets and making payment to beneficiaries, payment of any Inheritance or Income Tax, and transfer of any properties in the Estate to Beneficiaries. 

Work will be charged in relation to time spent on the matter at partner hourly rate of £300 plus VAT, plus: 

a charge in relation to the gross value of the Estate of 1% or where a partner of the Firm is appointed as Executor 1.5% of the value of the Estate. 

Example 1: 

Non-taxable Estate of £250,000, single Executor and Beneficiary, 

Fees £2,240 plus 1% value charge £2,500 = £4,740 plus VAT. 

Disbursements including Probate Application Fee £155 and (where necessary) Land Registry fees and valuers fees will also be payable. 

Example 2: 

Taxable Estate of £450,000, single Executor and Beneficiary, 

Fees £5,040 plus 1% value charge £4,500 = £9,540 plus VAT. 

Disbursements including Probate Application Fee £155 and (where necessary) Land Registry fees and valuers fees will also be payable. 

As a rule of thumb, we would usually expect our fees (including the charges for time and value referred to above) for estates where no Inheritance Tax is payable to be between 1.5-2% of the gross value of the Estate. Where Inheritance Tax is payable the usual range would be between 2-3% of the value of the Estate and for more complicated and specialist matters where there are reliefs such as Agricultural and/or Business Property Relief to be claimed, HMRC investigations and substantial numbers of individual shareholdings, offshore investments and accounts etc. and/or where the deceased did not leave a Will and this complicates matters the range could be in the region of 3-5% of the gross value of the Estate. 

We are recognised specialists in Agricultural Law and are regularly consulted by other Solicitors and professionals in relation to complex Estates where more expert advice is required in relation to Inheritance Tax issues. 

Please contact us for a quote tailored to your specific circumstances. 

Will-Writing & Lasting Power of Attorney (LPA) Charges

Wills
Single Will £150.00 + VAT = £180.00
Double Will (Mirror) £250.00 + VAT = £300.00

Single Will incorporating a Discretionary Trust £650.00 + VAT = £780.00
Double Wills incorporating a Discretionary Trust £950.00 + VAT = £1,140.00

Notice of Severance of Joint Tenancy (where required) £95 + VAT = £114.00

If you believe that you require a more complex or bespoke Will please contact us for a quote tailored
to your specific circumstances.

LPAs
(‘PF’ = Property & Finance. ‘HW’ = Health & Welfare.)

For One Person For Two Persons
One Type (ie.PF or HW) £295 + VAT = £354 £425 + VAT = £510
Both Types (ie.PF or HW) £425 + VAT = £510 £595 + VAT = £714

Court Fees £82 (per application) unless entitled to exemption/remission
Application (only) to register old-style ‘Enduring Power of Attorney’ £295 + VAT = £354

Conveyancing Property Fees

Speak to our property experts for a free quote today, by calling 01335 346772

At Nigel Davis Solicitors we offer a fixed fee service for most property transactions.

No property transaction is the same and so our fees will reflect the particular requirements of your needs. The fees we offer will vary depending on factors such as the property value, the complexity of the property involved, and the circumstances of the parties to the transaction. The table shown below provides a starting fee level applicable to certain property transactions. Please contact us for fixed fee quotes tailored to your specific transaction. VAT of 20% will be added to all the fees shown below.

The fees involved in any transaction are important and we review our fees on a regular basis, considering clients feedback to ensure we always offer good value for money. Our aim is not to compete with other firms but to provide you with a personal and expert service. Our fees cover all the work required to complete your transaction. If during the transaction there is a new development requiring additional work, we will discuss any change in fees with you to agree a way forward.

Our prices are from:

Price Bracket

 Sale Freehold from 

 Purchase Freehold from 

 Sale Leasehold/Shared Ownership from 

 Purchase Leasehold/Shared Ownership from 

 Purchase New Build from 
£0.00-£100,000

£575

£625

£725

£775

£825
£100,001 – £150,000

£625

£675

£775

£825

£875
£150,001 – £200,000

£675

£725

£825

£875

£925
£200,001 – £250,000

£725

£775

£875

£925

£975
£250,001 – £300,000

£775

£825

£925

£975

£1025
£300,001 – £400,000

£825

£875

£975

£1025

£1075
£400,001 – £450,000

£875

£925

£1025

£1075

£1125
£450,001 – £500,000

£925

£975

£1075

£1125

£1175

 

Please contact us for a bespoke quote for;

  • Properties with a value over £500,000;
  • New build properties (purchase);
  • Urgent transactions;
  • Declarations of Trust

 

Additional Costs

Land registry fees – registration fees (this will depend on the purchase price) Please see the land registry website for up to date details. onlinelandregistry.org.uk

Local search fees – search fees on purchase and re-mortgage £190-£250 plus VAT (regional variations apply)

Stamp duty – dependent on the purchase price of your property, personal circumstances as well as the location of the property. Please see HM Revenue and Customs website for up to date details.

Electronic money transfer fee £30.00 plus VAT per transfer

Obtaining official copies of the Land registry and other Title documents – £3.00 per copy document

Drainage and water searches – £58.80 (approx)

Mining searches – £44.34 (approx)

Highway searches – £80.00 (approx)

Environmental search – £51.00 (approx)

Bankruptcy search – £2.00 per person

Other disbursements may become necessary depending on the specific requirements of the transaction, but we will notify you of any of these before taking any action.

Timescales

Not every transactions is the same and the timescales will depend on the number of parties in the chain, whether you have a mortgage in place or whether you are buying a new build property.

A typical freehold transaction will take between 8-12 weeks, however due to many circumstances the actual length of time this takes may vary from this estimate.

Complex Property Transactions

This includes land, estates and farms. Our property team have extensive knowledge and experience in dealing with complicated property transactions (involving various Titles, land and estates and complex farms) and the process can be complex so experience and understanding from your legal team is essential. We will work with your accountant and bank to make sure that the transaction runs smoothly. We understand the importance of the transaction to you and your family and our experienced property team can provide you with the expertise in a wide range of property services.

If you would like a quotation for any such transaction please contact a member of the property team.

Commercial property/ Commercial lease solicitor’s fees

Our property team have extensive knowledge and experience of dealing with commercial leases. The fee will depend on numerous factors such as the complexity of the transaction and the likely timescale. The Landlord may require a rent deposit and we may need to advise you on the terms of the rent deposit deed or arrange advice for any guarantor.

Providing legal advice for tenants and commercial landlords

If you would like a quotation for any such transaction, please contact any member of the property team

Motoring Fees

Our fees for motoring (summary only) offences on guilty pleas which are dealt with at a single hearing are typically between £1,500 to £2,500 + VAT + travel expenses (mileage/parking).
Our fee includes:

  • 2 hours attendance/preparation:
    • considering evidence
    • taking your instructions
    • providing advice on likely sentence
  • Attendance and representation at a single hearing at the Magistrates Court

 

The fee does not include:

  • instruction of any expert witnesses
  • taking statements from any witnesses
  • advice and assistance in relation to a special reasons hearing
  • advice or assistance in relation to any appeal
  • representing you at a trial

 

The key stages of your matter are based on the presumption that you have entered a guilty plea and have a date for your hearing. These stages are;

  • Meet with your solicitor to provide instructions on what happened.
  • We will consider initial disclosure, and any other evidence and provide advice.
  • Arranging to take any witness statements if necessary (this will have an additional cost).
  • We will explain the court procedure to you so you know what to expect on the day of your hearing, and the sentencing options available to the court.
  • We will conduct any further preparatory work, obtain further instructions from you if necessary and answer any follow up queries you have.
  • We cannot provide a timescale of when your hearing will take place, as this depends on the court listing for that day.
  • We will attend court on the day and meet with you before going before the court. We anticipate being at court for half a day.
  • We will discuss the outcome with you. If advice is required on appeal, this will carry an additional cost.