Percy Walker & Co LLP: published probate fees

For gross estates valued over £250,000 but less than £500,000 the fee is £2,500 plus vat at 20% and for gross estates valued at over £500,000 but less than £1,000,000 the fee is £5,000 plus vat at 20%.We will make the application for the grant based on the information you give us.

If the Partners in the firm were executors/administrators of the estate the value element would be ¾% on the value of residential property and if the property was valued at £300,000 a value element of £2,250 plus vat at a rate of 20% of £450 would be added ie a total of £2,700.

The fixed fee is calculated by reference to the gross value of the estate. For gross estates valued up to £250,000 the fee is £1,500 plus vat at 20%.

Value element on residential property. This value element is a percentage which is 0.5% value element on the value of residential property but if the Partners in the firm are also the executors or administrators of the estate this value element on residential property is increased to ¾%.

Value element on the gross estate value less the value of residential property. There is also another value element added of 1% on the gross value of the estate after deduction of the value of residential property.

However, we would not expect our total charges (ie the hours charged together with the value elements) to exceed 3% of the gross value of the estate with vat at 20% being added to the hours charged and the value elements.

Auctioneeer valuer's fees to value household and personal goods of the deceased as at the date of death estimated at £300 to £800 which would be subject to vat at a rate of 20%.