Grant of Probate time delays & impending cost hikes

Grant of Probate time delays & impending cost hikes

Probate Registries in England and Wales are currently experiencing severe delays issuing a Grant of Probate (where there’s a Will) or Grant of Letter of Administration (no Will in place) applications, of up to 13 weeks whereas 7-10 working days was the norm.

Complaints from those waiting have been surfacing for several months now and it’s still unclear when this will change; all down to a new IT case management system which has dramatically slowed down the applications process. In fact the Court has had to increase staffing levels to help reduce waiting times, I know..

Applying for a Grant of Probate is one thing, the cost you will soon have to pay is another. Currently if a family executor applies, it will cost £215 where the estate is over £5,000. Delays in Parliament (yes of course due to Brexit) have held up implementation which is good thing in a way, but be warned, it is coming and the new fees will depend on the size of the estate:

  • less than £50,000  pay nothing, meaning estates worth between £5,000 and £50,000 will save £215 compared to the current system.
  • from £50,000 up to £300,000 will pay £250, a rise of £35.
  • from £300,000 up to £500,000 will pay £750, a rise of £535.
  • from £500,000 up to £1 million will pay £2,500, a rise of £2,285.
  • from £1 million up to £1.6 million will pay £4,000, a rise of £3,785.
  • from £1.6 million up to £2 million will pay £5,000, a rise of £4,785.
  • over £2 million will pay £6,000, a rise of £5,785.

We cannot do anything about these delays or costs but at Will Planning Solutions, we refer Estate Administration work to a trusted professional, one that charges fair and fixed fees. Why not ask us for a free quote, you cannot lose?

Call 0800 083 1374 or Contact us here

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