It has this morning been announced by the Government that the substantial rise in the fee for obtaining a Grant of Representation has been postponed. This news comes following the Prime Minister’s announcement of the snap General Election to be held on 8th June 2017, which will result in the dissolution of Parliament on 3rd May.
The probate fee increases, suddenly announced earlier this year, would have set fees in line with the value of the estate in question rather than the current flat fee for applications made from May 2017 onwards. In some instances it would have resulted in charges of up to £20,000.00, 129 times higher than the current flat fee.
Whilst this is welcome news, it is far from certain as to whether the issue will be abandoned by the post General Election Government. We will monitor the situation with keen interest to keep our clients advised of any future changes.
Private Client Solicitor