The Government has announced (21 April 2017) that the planned substantial increase to probate fees will not take place. It confirmed that there will be insufficient time to pass the relevant legislation through Parliament before it is dissolved on 3 May ahead of the general election on 8 June 2017.
The plans had proved controversial and involved introducing a new banded structure, based on the value of an estate, which would replace the current flat fee of £155 when an application for a grant is made by a solicitor or £215 when the application is made by an individual. For more information on the original proposals and fee structure, please see our recent article here.
The new fees will no longer be payable at the end of May (which had been the original proposal). The Government has not indicated, however, whether it would introduce the fee increase if re-elected.
If you would like to discuss the impact of these proposals or any other probate matters, please contact our specialist team.