01509 212266
services@woolleybees.co.uk

What it costs

We believe in transparent communication that extends to your legal expenses.

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How we charge

At Woolley, Beardsleys & Bosworth, clear communication extends to our fees. We understand navigating legal matters can be stressful, and uncertainty about costs shouldn’t add to that stress. That’s why we prioritise transparency from the very beginning. Below, you will see the fees and any other disbursements you may incur throughout the process.

All fee quotes and estimates will be subject to review, depending on the nature of the matter. Where a matter becomes more complicated or more work is required on our part, it may be necessary to adjust our fee estimate to account for our additional fees.

Administration of estates

The cost of administering an estate can vary depending on its complexity. Here at Woolley, Beardsleys & Bosworth, we understand the importance of transparent pricing and offering options that meet your needs.

While we don’t use a percentage as the sole determinant of our fees, we can provide a general range of 1% to 2% of the gross value of the estate to give you a starting point. Simpler estates with fewer assets, liabilities, and beneficiaries will likely incur fees on the lower end of the range. Conversely, more complex estates may require a higher fee. We consider the specific details of your case when providing a more precise estimate and will provide the option of an estimated cost based on our hourly rates, and this estimated fee proposal would also provide a fixed fee option for clients who prefer this.

Our hourly fees

Private client solicitor (more than five years of post-qualification experience) £250 per hour (+ VAT)
Paralegal £100 per hour (+ VAT)

This includes:

  • The initial review of the estate assets and liabilities and a review of the will or intestacy rules. This typically takes one to four weeks, depending on the nature of the estate.
  • A valuation of the estate for Inheritance Tax and probate purposes. This typically takes one to three months, depending on the nature of the estate.
  • Preparation of relevant Inheritance Tax papers and completion of the Grant application with HM Courts and Tribunals Service (HMCTS). This typically takes one to two months, depending on the nature of the estate, with a further one to three months to receive the Grant from HMCTS.
  • Collecting in and / or transferring estate assets and discharging estate liabilities and expenses. This typically takes three to six months, depending on the nature of the estate.
  • Preparation of final accounts for the estate and arranging distribution to its beneficiaries. This typically takes two to four months, depending on the nature of the estate.
Disbursement  Cost
Genealogist report £500 – £1,000 (+ VAT)
Copy of Title Register £3 (+ VAT)
Valuations £200 – £750 each (+ VAT)
Statutory notices £200 (+ VAT)
Probate court fees £300 (No VAT)
Copy of Grant of Probate £1.50 per copy (No VAT)
Bankruptcy searches £20 – £40 (No VAT)
Sale of a Residential Property (Freehold and Leasehold)

The fees below will give you guidance and transparency about our fees. The figures below are estimates and not binding quotes. To ensure an accurate fee specific to your situation, we’ll provide a personalised quote after we discuss the details of your property and the purchase process.

Value of your property Freehold Leasehold
Up to £200,000 £1,200 (+ VAT) £1,550 (+ VAT)
Up to £400,000 £1,400 (+ VAT) £1,750 (+ VAT)
Up to £600,000 £1,600 (+ VAT) £1,950 (+ VAT)
Up to £800,000 £1,800 (+ VAT) £2,150 (+ VAT)
Up to £1.25 million £2,000 (+ VAT) £2,350 (+ VAT)
Up to £1.5 million £2,200 (+ VAT) £2,550 (+ VAT)
Up to £1.75 million £2,400 (+ VAT) £2,750 (+ VAT)
Up to £2 million £2,600 (+ VAT) £2,950 (+ VAT)

Additional fees we charge and disbursements

Additional fees we charge and disbursements 

Service Fee
Dealing with a Help to Buy ISA £75 (+ VAT per person)
Dealing with a Help to Buy Lifetime ISA £100 (+ VAT per person)
Dealing with a bank transfer £30 (+ VAT per person)
New build property £450 (+ VAT per person)
Dealing with a mortgage £175 (+ VAT per person)
Dealing with a company mortgage £250 (+ VAT per person)
Disbursement 
Land Registry fee for copy documents (approximate) £15
Bank transfer fee £30
Leasehold management pack (approximate) £150 – £500
Purchase of a Residential Property (Freehold and Leasehold)

The fees below will give you guidance and transparency about our fees. The figures below are estimates and not binding quotes. To ensure an accurate fee specific to your situation, we’ll provide a personalised quote after we discuss the details of your property and the purchase process.

Value of your property Freehold Leasehold
Up to £200,000 £1,200 (+ VAT) £1,550 (+ VAT)
Up to £400,000 £1,400 (+ VAT) £1,750 (+ VAT)
Up to £600,000 £1,600 (+ VAT) £1,950 (+ VAT)
Up to £800,000 £1,800 (+ VAT) £2,150 (+ VAT)
Up to £1.25 million £2,000 (+ VAT) £2,350 (+ VAT)
Up to £1.5 million £2,200 (+ VAT) £2,550 (+ VAT)
Up to £1.75 million £2,400 (+ VAT) £2,750 (+ VAT)
Up to £2 million £2,600 (+ VAT) £2,950 (+ VAT)

Additional fees we charge and disbursements

Service Fee
Dealing with a Help to Buy ISA £75 (+ VAT per person)
Dealing with a Help to Buy Lifetime ISA £100 (+ VAT per person)
Dealing with a bank transfer £30 (+ VAT per person)
New build property £450 (+ VAT per person)
Dealing with a mortgage £175 (+ VAT per person)
Dealing with a company mortgage £250 (+ VAT per person)
Disbursement
Local authority search fee £110
Drainage search fee (Severn Trent Water) £58.80
Environmental search fee £55.33
Lender panel mortgage administration fee (dependent on the lender) £30 (+ VAT per person)
Bankruptcy searches (if mortgage) £2 per person
Land Registry fee Dependent on the value of the property

Calculate here.
Stamp Duty Land Tax Dependent on the value of the property

Calculate here.
Land Transaction Tax (Wales) Only applicable to Welsh property

Calculate here.

For leasehold properties, there may also be anticipated disbursements. These fees vary from property to property but can include a Notice of Transfer Fee, Deed of Covenant and Certificate of Compliance fees. We will give you an accurate figure once we have sight of your specific documents.

Mortgage or remortgage

The fees below will give you guidance and transparency about our fees. The figures below are estimates and not binding quotes. To ensure an accurate fee specific to your situation, we’ll provide a personalised quote after we discuss the details of your needs.

Property value Fee
Up to £500,000 Starts at £500 (+ VAT), plus disbursements
Up to £1 million Starts at £600 (+ VAT), plus disbursements
£1 million or above Please contact us for a quote

Possible disbursement fees

These are also disbursement payments to take into consideration. We will handle the payment of these on your behalf. These can include:

Disbursement  Cost
Bank transfer fee £90 (+ VAT)
Local authority search fee or search insurance £90 (+ VAT) (Dependent on the value of the property)
Bankruptcy searches £2 per person
Lender panel mortgage administration fee

(dependent on the lender)

 £30 (+ VAT)
Land Registry search £3
Land Registry fee Dependent on the value of the mortgage

Calculate here

Contact us

We are always here to help and answer any questions you might have about our services. Get in touch with our friendly team today.

    Phone
    01509 212266
    Visit us

    29 Rectory Place, Loughborough, LE11 1UW