Update! Probate fees reform
Last Thursday (7 February), the Government’s proposed changes to probate fees – which will see the current flat fee (£215 for individuals and £155 for those applying through a solicitor) replaced by a sliding fee scale based on the value of an estate – cleared their next hurdle when a House of Commons committee voted to approve them. The result was tight, 9 votes to 8, but that was enough to get the reforms through to the final stage.
The proposed reforms will now go before the House of Commons.
If approved, the changes are expected to take effect from April this year, bringing in a top fee of £6,000, payable on estates valued at more than £2million. There will be no fee for estates worth less than £50,000 and a sliding scale will apply in between.
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