Governement Increasing Probate Fees!

Home » Governement Increasing Probate Fees!

In an attempt to raise an additional £250m a year, the Government are planning to huge rises in Probate fees.

They are replacing the current fees with a new tiered system. This could result in paying as much as £20,000 for estates worth more than £2m. The new fees are planned as follows for estates worth between:

  • £500,000 – £1m = £4000
  • £1m – £1.6m = £8000
  • £1.6m – £2m = £12000

Due to the rise in property values across the UK over the recent years, this could result in families paying huge charges after the loss of a loved more.

When someone passes away, you will need to obtain a grant of probate in order to deal with property, money and possessions. Although not all deaths need a grant of probate, statics show around half of UK deaths do lead to obtaining a grant of probate. In order to obtain this, you would need to be named as an executor of a Will.

The changes will mean that properties worth less than £50,000 would incur no fees, but an increase of around £85 to £300 to a further 27%. The Government have suggested the reason for this change in fees is to try and reduce the cost of running courts and tribunals to the UK taxpayer.

The maximum fee of £20,000 would “only be paid by the wealthiest estates” to cover the unpopular court fees, this statement made by Justice Minister Shailesh Vara. He also said 84% of estates would incur fees of £300 or even not having to pay a fee at all and 94% would only be paying £1000 or less.

Vara also said these fees are necessary to helping reduce the deficit and contributing towards to court and tribunal services. He also wanted people to recognise that some estates will not be having to pay any fees at all.

The proposed new Probate fees, these are before Inheritance tax:-

  • £300 for estates worth more than £50,000 and up to £300,000
  • £1,000 for estates worth more than £300,000 and up to £500,000
  • £4,000 for estates worth more than £500,000 and up to £1m
  • £8,000 for estates worth more than £1m and up to £1.6m
  • £12,000 for estates worth more than £1.6m and up to £2m
  • £20,000 for estates worth more than £2m

How can MJR Solicitors help?

We offer initial appointments. We can fully advise of your options at the outset and where possible ensure you are paying the correct fees. For more information please contact us on:-

Email – /

Telephone – 01243 945054 / 07881104008

We are experienced professionals here to help.

Get Your Probate Consultation

Mark Riley

Mark Riley is a specialist lawyer offering services including Wills, Estates Administration and Tax planning. Mark has studied around the world, including a few years in Australia. Whilst there he met many amazing and inspirational lawyers. He worked with a small boutique family firm, who’s approach was so laid back and friendly it “felt right”. He decided to bring that approach home where he hopes to continue with this ethos.
Like what you see? Then give us a share:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Continue Reading...

What Is Classed As A Deprivation of Assets?

By Mark Riley | 17th July 2020

When you’re looking towards your future and old age, one of the biggest issues many people face is having to pay high fees for residential care or support. If you set out to reduce your assets or finances to intentionally avoid, or significantly reduce, any fees for residential or long-term care, this is classed as…

Read More
What is a Lasting Power of Attorney?

What is a Lasting Power of Attorney?

By Mark Riley | 13th May 2019

So, what is a Lasting Power of Attorney?? As mental capacity solicitors, I get asked this a lot. But I don’t want to lose control, I want to decide….is how the conversation goes. So let’s look at what a Lasting Power of Attorney Document is:- What is a lasting power of attorney? A Lasting Power…

Read More
How Long Does Straightforward Probate Take?

How Long Does Straightforward Probate Take?

By Mark Riley | 21st March 2019

During the difficult and emotional time of the death of a loved one, getting their affairs in order can be a stressful challenge. So when it comes to probate, wills and issues of their estate, the quicker and easier it is to finalise the process, the better. But as matters of probate can be complex,…

Read More