The proposed increase in probate fees - from the current figure of £155 for Solicitor applications - has been narrowly approved, and will now proceed to the House of Commons. But why is this disappointing news?
The proposed new charges will be linked to the size of the estate, with the highest band (for estates of more than £2 million) being subject to a £6,000 charge. This is less than the proposed fee increases that were made last year, which suggested a maximum fee of £20,000.
There is certainly opposition to the proposed increases, and there is still time to write to your MP to object to the proposed increases.
The easiest way of doing this is by using following link from The Law Society:
lans to hike probate fees to as much as £6,000 have narrowly been approved following a committee hearing this morning. The Fourteenth Delegated Legislation Committee voted by nine votes to eight to approve a statutory instrument (SI) applying a sliding scale of charges based on the value of estates rather than a flat fee.