Fees for Individuals

Fees for Individuals

We know that legal costs can sometimes seem difficult to understand. Here at Whitehead Monckton, we are transparent with our fees and we always strive to give you a clear indication of what you can expect to pay for your needs. Choose from the options below for more information or send us a message to ask for a cost estimate.

Conveyancing

Please see below a breakdown of our conveyancing fees.

Freehold sale

· Up to £250,000 = £1,000 to £1,150

· Up to £350,000 = £1,150 to £1,350

· Up to £450,000 = £1,350 to £1,450

· Up to £550,000 = £1,500 to £1,600

· Up to £650,000 = £1,600 to £1,700

· Up to £750,000 = £1,700 to £1,800

· Up to £850,000 = £1,800 to £2,000

· Up to £900,000 = £2,000 to £2,200

· Over £1,000,000 = please contact

Freehold purchase

· Up to £250,000 = £1,100 to £1,250

· Up to £350,000 = £1,250 to £1,450

· Up to £450,000 = £1,450 to £1,550

· Up to £550,000 = £1,600 to £1,700

· Up to £650,000 = £1,700 to £1,800

· Up to £750,000 = £1,800 to £1,900

· Up to £850,000 = £1,900 to £2,100

· Up to £900,000 = £2,100 to £2,300

· Over £1,000,000 = please contact

Contact us

Leasehold sale

· Up to £250,000 = £1,400 to £1,600

· Up to £350,000 = £1,600 to £1,800

· Up to £450,000 = £1,800 to £2,000

· Up to £550,000 = £2,100 to £2,200

· Up to £650,000 = £2,200 to £2,200

· Up to £750,000 = £2,400 to £2,600

· Up to £850,000 = £2,600 to £2,800

· Up to £900,000 = £2,800 to £3,000

· Over £1,000,000 = please contact

 

Leasehold purchase

· Up to £250,000 = £1,500 to £1,700

· Up to £350,000 = £1,700 to £1,900

· Up to £450,000 = £1,900 to £2,100

· Up to £550,000 = £2,100 to £2,300

· Up to £650,000 = £2,300 to £2,500

· Up to £750,000 = £2,500 to £2,700

· Up to £850,000 = £2,700 to £2,900

· Up to £900,000 = £2,900 to £3,100

· Over £1,000,000 = please contact

Contact us

Equity release

· £1,000 to £1,500

Equity release

· £1,000 to £1,200

Remortgage

· £1,000 to £1,200

Additional Fees to be included if the following apply:

1. Help to Buy = plus £1,000

2. New build = plus £1,000

3. Shared ownership = plus £1,000

4. Help to Buy ISA/LISA = £50

 

The above legal fees do not include disbursements. Disbursements are fees payable to 3rd parties during the course of the transaction (such as search fees, land registry registration fees, land registry search fees etc). Please contact us for a full quote and we will provide confirmation of the disbursements payable for your specific transaction(s).

Contact us

Dispute Resoluion

We ensure that you only pay for what you need with our dispute resolution services: no more, no less. Talk to us today to let us know about your situation and we will provide you with a no-obligation estimate.

Get a quote

Wills, Lasting Powers of Attorney and Estate Administration

The costs for our Wills, Lasting Powers of Attorney and Estate Administration services depend on factors such as the complexity and size of your estate. We ensure you only pay for what you need.

Wills

Learn about our fees here.

Lasting Powers of Attorney

Learn about our fees here.

Estate Administration

The Solicitors Regulation Authority (SRA) has confirmed that, from December 2018, it will require regulated law firms to publish information on pricing to help consumers make informed choices.

Our fees

We will calculate our fees based on the amount of time we spend carrying out your instructions as per our terms & conditions to ensure you pay fairly and only for what you need. For your information, our hourly rates are currently:

Directors, Associate Directors & Consultants – £395.00
Consultants – £395.00
Associate Solicitors / Legal Executives  – £370.00
Senior Solicitors / Legal Executives – £345.00
Solicitors / Legal Executives – £325.00
Senior Trainee Solicitors / Legal Executives – £290.00
Trainee Solicitors / Legal Executives – £265.00
Solicitors’ Assistants – £215.00

 

VAT will be added to these amounts at the prevailing rate (currently 20%).

It is always difficult to provide projections of costs in estate administrations at the outset as each one has its own issues and you are of course free to instruct us to do as much or as little of the work as you wish.  However, in our experience, where we are instructed to carry out the whole administration from start to finish, in estates which are worth up to around £750,000 our fees tend to work out between 2% to 3% of the gross probate value and for estates worth in excess of £750,000 the fees fall between 1% and 2.5%.  This is not however the basis of charging.

For example, if the gross probate value of the estate is around £480,000 our fees may fall between £12,000 plus VAT and £16,800 plus VAT.  However, we should be able to give you a more accurate estimate when we meet with you and have a better understanding of what work needs to be undertaken.

Other expenses

During the administration, there will be other expenses we shall have to pay called “disbursements”.  The most common disbursements will be:

  1. The probate application fee of £273.00;
  2. Sealed office copies of the Grant of Probate at £1.50 each;
  3. Estate Account Production fee of £60 plus VAT;
  4. Property Ladder Group fee of £150 plus VAT to deal with the valuation of the property;
  5. Share valuations – variable amount
  6. Estatesearch asset search fee of between £25 and £185 plus VAT;
  7. Creditors’ search advertisements or insurance alternative – variable amount;
  8. Deceased Bankruptcy search at £2.00
  9. Executors’ combined ID and insolvency check at £7.00 each; and
  10. Beneficiaries’ combined ID and insolvency check at £7.00 each.

 

There may also be others which we will advise you of if necessary.

Timescales

In most cases we complete the valuation process and are able to apply for the Grant of Probate within 2 to 4 months after having received your complete instructions.  This will entirely depend on how quickly the various institutions we have to obtain information from take to answer our correspondence.   We then normally expect to obtain the Grant of Probate within the following 16 to 20 weeks depending on whether or not Inheritance Tax is payable.  Thereafter, it is extremely difficult to give you an accurate estimate of how long it will take to complete the administration as each case is different.  We will however provide you with an updated time estimate once we have the Grant, if appropriate.

Where it looks as though these timescales are not going to be met, we shall do our utmost to give you an update at the appropriate time and explain why.

To make sure you only pay for what you need, please contact us today for a no-obligation estimate.

Get a quote

Employment Law

We understand that with employment law, keeping your costs to a minimum can be critical – and we will always strive to work with you to meet your requirements.

Contact us today with your situation and we will offer you an understanding of our fees.

Get a quote

Family and Divorce

Your family law and divorce costs will depend on how complicated your scenario is, and how long it takes for you to agree. We will always work with you to come to a quick conclusion wherever possible. To find out a breakdown of our costs, please enquire today.

Get a quote

Notarial

The costs of our notarial services depend on your requirements and scenario:

  • Certification of documents
  • Foreign powers of attorney
  • Cross-border property purchases & sales
  • Single status declaration for marriages abroad
  • Hague apostille

 

In order to understand what your notarial costs are likely to be, please speak to a member of our team.

Get a quote

The costs of our notarial services depend on your requirements and scenario:

  • Certification of documents
  • Foreign powers of attorney
  • Cross-border property purchases & sales
  • Single status declaration for marriages abroad
  • Hague apostille

 

In order to understand what your notarial costs are likely to be, please speak to a member of our team.

Get a quote

Professional Negligence

When it comes to professional negligence, we know that the last thing you need is additional financial stress. We will work with you to be completely transparent with our pricing – tell us today what situation you are facing and we will talk you through what it is likely to cost.

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