Fees/Cost Estimates

• Total transparency regarding fees is our policy and most of the work we undertake will be at a pre-advised set fee.

• We welcome you to contact us for an initial no obligation discussion or appointment, so we can advise you as to the likely cost of your matter at the outset. We make no additional charges for making home visits.

• We do not pay or receive referral fees – Our work is derived by providing good service and our reputation. We ask you to question why you are being recommended to a service provider. Is it in your best interests or because the referrer is receiving a fee?

• Where your matter maybe more complicated, or become more complicated, you will be advised at the earliest opportunity and a revised cost estimate given to you so you can decide whether you wish to proceed.

Conveyancing

For an estimate of the likely cost of your conveyancing transaction please make use of our fee estimate calculator.

Go to Fee Calculator

Key stages of Conveyancing and indicative timescales

• As every case is individual based on the circumstances it is not possible offer any guarantees as to timescale. Our regulator has produced guidance on the key stages of the service and we would invite you to review this information here and here.

• The current national average is 2-3 months if there is no chain.The government have also produced a guide which we would invite you to review here.


Wills/Powers of Attorney/Probate

Wills

• For a simple single Will we charge £100 plus VAT.

• For simple Wills with Mirror wishes we charge £190 plus VAT.

• For advice on a trust and preparing a Will with a Trust we charge £350 plus VAT.


Powers of Attorney

Individual:

• Property & Financial: £350

• Personal Welfare: £350

• Both Types: £450

Couple

• Property & Financial: £450

• Personal Welfare: £450

• Both Types: £600

All figures above do not include VAT.

In addition to the above, the Office of the Public Guardian (OPG) fee for registration per LPA is £82. (A 50% reduction or exemption can be applied for based on the individual’s income or benefits status).

When drawing up your LPA’s we do not charge for acting as your certificate provider.

Key stages of Wills/Powers of Attorney/Probate and indicative timescales

• After your initial appointment for your Will and LPA’s we would expect to provide you with draft documentation within 2 weeks.

• Generally, the time taken to obtain the Grant of Probate will take between 2 – 6 months.

• The Full administration of an estate can take up to 12 months with complex estates taking upwards of 12 months to complete.


Probate

• Applying for and obtaining a grant of probate only on a simple declaration is charged at £550 plus VAT.

• We charge 0.5% of any Real estate and 3.5% of the cash estate; subject to a minimum of 1.5% of the gross estate for acting in the full administration of the estate from start to finish.

• The following is a list of the most common disbursements that you can expect to pay when administering any estate:

    • – Probate application fee £155.00 (discount given to professionals applying)
    • – Court sealed Copies of the Grant £0.50 (Per copy)
    • – Statutory Notice Fees (if required) Approx. £160 (will be more if the deceased did not reside on the Isle of Wight)
    • – Unclaimed Assets Register Search Fee £25.00

Complaints, Redress, Regulatory Information & Client Protection Arrangements

Our Firm is regulated by the Council of Licensed Conveyancers their contact details are as follows;

Contact Centre

Tel: 020 3859 0904
Email: clc@clc-uk.org
DX 42615 Cheapside

Postal address:
Council for Licensed Conveyancers
WeWork
131 Finsbury Pavement
London
EC2A 1NT

• Our regulator has set out a guide should, in the unlikely event you need to make a complaint or report a problem to our regulator here.

• If you make a valid claim against us for a loss arising out of work for which we are legally responsible, and we are unable to meet our liability in full, you may be entitled to claim from the Compensation Fund administered by the Council for Licensed Conveyancers.