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Enquiries

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Wills – our fees

Our fee for a straightforward Will is £400 plus VAT.

Our fee for uncomplicated ‘mirror’ wills for a couple is £675 plus VAT.

Most people’s Wills fall within our standard fee. However, if you need anything more complex such as setting up trusts or making gifts to institutions to endow scholarships, we would have to give you an estimate once we know your requirements, but we would usually charge something in the range of £1000 to £1500 plus VAT.

Our fees include seeing you to discuss your needs, drafting the Will and making reasonable amendments to reflect your instructions, attending you when you sign them (or providing you with instructions on how to do this) and storing the original Wills and providing you with copies. If you decide to make substantial amendments to your initial instructions, we reserve the right to charge an additional fee.

How long will it take?

We normally draft your wills within a week. Once you’ve approved them (after we’ve made any necessary amendments), you can come in to sign them or we can send them to you to sign at home (with instructions about the witnesses you need).

Lasting Powers of Attorney – our fees

When you’re in the process of making a Will, you should also think about making a Lasting Power of Attorney to cover the risk of needing someone to manage your affairs while you are still alive.

There are 2 types of LPA:

  • For Financial Decisions – this enables someone you trust to pay your bills, sell your house, or do anything else you need them to do with your money and assets when you are unable to do it yourself. Just think about what would happen to your financial affairs if you have a serious accident or illness and can’t physically manage yourself; or if you lose mental capacity at any stage. Putting in place a financial decisions LPA would mean someone else can manage these things for you. (Your executors can’t do anything with your estate until after you have died).
  • For your Health & Welfare – this allows someone you trust to make decisions about your welfare, such as where you should live if you can’t manage on your own any longer, or what medical treatment should be given or withheld. These are not always necessary as doctors will usually consult your family about such matters but you may want to put one in place if your loved one isn’t actually related to you and you are concerned that your family members might not be the right people to make these choices for you.

We charge £400 plus VAT to advise you and prepare each LPA form. We will act as the Certificate Giver to confirm that you are fully aware of what you are doing and we will arrange for your attorneys and any replacement attorneys to sign the forms, after which we will send them off for registration and then let you have the sealed original LPA for your attorney to use.

If you opt to make both LPAs, we charge £650 plus VAT for the 2.

In addition, you will have to pay £82 registration fees for each LPA. We recommend registering the LPAs now rather than later (as any mistakes in the forms can’t be rectified once you have lost capacity).

How long will it take?

We normally prepare the LPA forms within a week or so and then you need to come back in to see us to sign them. We will then send them to your attorneys for signature (or you can arrange this yourself). Once everyone has signed them, we will check the forms and send them to the Office of the Public Guardian to register them. Registration currently takes about 3 months as the OPG has a bit of a backlog because LPAs are proving very popular.

Combined fees for Wills and LPAs

  • 1 will and 1 LPA £725 plus VAT
  • 1 will and 2 LPAs £900 plus VAT
  • 2 wills and 2 LPAs £1250 plus VAT
  • 2 wills and 4 LPAs £1800 plus VAT

(NB – add £82 registration fees for each LPA)

Probate – our fees

Grant only service
If you are able to provide details of the value of all assets at the date of death and you have notified all the asset holders, pension providers, creditors, utility companies, DWP, HMRC, we can prepare the necessary Inheritance Tax forms and the Statement of Truth for executors/administrators and apply for the grant of probate (or letters of administration). We would then provide you with the grant of probate and you would then have to gather in the assets, pay any debts, and distribute the estate to the beneficiaries.

Our fee for this service is between £1500 and £2000 plus VAT depending on whether we have to complete the IHT205 form or the more complex IHT400 and its accompanying schedules.

In addition, you would have to pay the probate fees of £155 plus 50p for each sealed copy. Other fees may be payable for other searches – see below.

How long will it take?

It usually takes about 2 to 3 months to get the grant for you. This may be delayed as the Probate Registries are currently very busy dealing with applications as everyone tried to get them in before the fees rise.

Full Estate administration service
We can help you with the whole process of ascertaining the extent of the estate – notifying asset holders such as banks, ISA providers, obtaining valuations of stocks and shares, arranging valuations of properties, dealing with HMRC; preparing the necessary Inheritance Tax forms, the Statement of Truth for executors or administrators, applying for the grant; then completing the application forms to close accounts, sell or transfer shares and ISA holdings, gathering in the assets; and then distributing the funds to the beneficiaries in accordance with the Will or the intestacy rules.

We charge for our time on the basis of our hourly rates. We charge for the work done, not a percentage of the value of the estate. We would give you an estimate of the likely fees when we know the extent of the estate and the type of assets involved.

Assuming that there is a property to sell or transfer (for which we would make a separate charge), a couple of bank accounts, one or two ISAs and perhaps some shares to sell or transfer to 3 or 4 known beneficiaries, we would normally charge about £3500 to £4000 plus VAT for our time. In addition, there would be probate fees of £155 plus 50p per sealed copy and, possibly, some search fees (see below).

More complex estates will cost more but our fees are competitive, and we will happily give you an estimate if you give us a call. Remember that we don’t charge a percentage – just for our time. The work will be done by a partner at an hourly rate of £250 plus VAT (although administrative tasks will be charged at a lower rate).

NB – Additional fees will be payable for additional work such as deeds of variation, disclaimers, deeds of appointment, affidavits, and conveyancing.

Expenses payable in addition to our fees

Probate fees – currently £155 (but these are expected to increase massively if the government’s current proposals come into force). The probate registries charge 50p for each sealed copy and we normally ask for 4 to 6.

Optional items:

  • Notice to creditors – advertising for possible debts before you distribute the estate – approx. £150
  • Valuation fees – these vary but between £150 and £450 plus VAT
  • Landmark Asset search – £135 plus VAT
  • Certainty Will search – £38 to £95 plus VAT (or £199 plus VAT to include notice to creditors)

How long will it take?

Administering the whole estate from start to finish will normally take 6 to 12 months. It can be longer if there are complicating factors or it takes time to sell a property. It is sensible to wait 6 months after the grant of probate is issued in case of any claims being made against the estate; this isn’t always necessary where the executors are sure that there aren’t any unknown debts or assets and there aren’t any people who might be able to claim a share of the estate.

Who will do the work?
Our Wills and Probate service is provided by Beth King who has been a solicitor for over 30 years. Beth is a partner and a member of the LLP.

Conveyancing – our fees

Sale

Our work will include:

Obtaining the information we need about the property from the Land Registry and from you (about fixtures and fittings and other matters); liaising with landlords or managing agents (if any), preparing the sale contract and answering any enquiries about the property and the legal title; advising you on the contract and arranging for you to sign it; agreeing the completion date and exchanging contracts; obtaining redemption figures from any lenders; obtaining and paying the estate agents’ account; liaising with the estate agents and other solicitors in the chain; approving the transfer and arranging for you to sign it; preparing completion statements confirming the amounts to be paid by the buyer and to you; redeeming any mortgages on completion and paying out the sale proceeds to you; sending the completion documents to the buyers’ solicitors.

 

Our usual fees:

Sale price Freehold VAT Leasehold VAT
0 – £250,000 625.00 125.00 725.00 145.00
£250,001 to £350,000 640.00 128.00 775.00 155.00
£350,001 to £450,000 725.00 145.00 825.00 165.00
£450,001 to £550,000 785.00 157.00 875.00 175.00
£550,001 to £650,000 830.00 166.00 925.00 185.00
£650,001 to £750,000 890.00 178.00 975.00 195.00
£750,001 to £850,000 940.00 188.00 1025.00 205.00
£850,001 to £1 million 1050.00 210.00 1075.00 215.00
Over £1 million Please call us on 020 8313 1300 for a quote

 

What might affect these fees?

In some cases, it is necessary to do additional work to correct a defect in a legal title, or to deal with planning permission issues or absent landlords in a leasehold transaction; or there might be multiple titles involved or more than one or two charges to redeem; or where there is a short  deadline for completion. If extra work is required, we will advise you. Rest assured that, in most transactions, our usual fees will apply.

 

Likely extra expenses:

Fee VAT
Arranging Telegraphic Transfers

(for redemption of charges and for payment to you)

40.00 each 8.00
Office Copy Entries (Land Registry) 6.00 1.20
Identity check fees 6.00 per name 1.20

 

How long will it take?

We would normally expect to exchange contracts in 3 to 4 weeks of the sale being agreed if everything goes smoothly.  But this can be delayed by many factors including, for example, problems with the legal title, getting information from landlords or managing agents, or your buyer having difficulty obtaining a mortgage.  Exchanging contracts and the completion date will depend on whether the others in the chain are ready and when they want to complete. It is usually sensible to allow 14 days between exchange and completion and, if you require a shorter period, an additional fee may be payable, but we will advise you about this if it arises.

 

Purchase

Our work will include:

Obtaining the information we need about the property from the seller’s solicitors (about fixtures and fittings and other matters); considering and approving the contract and asking questions about the legal title (often referred to as “raising enquiries”); arranging searches and advising you of the results – these include such matters as planning permissions and building regulation consent, environmental matters, and the like; advising you on any mortgage offer and on the contract and arranging for you to sign it; reporting to you about the title to the property so that you know what you are buying; agreeing the completion date and exchanging contracts; liaising with the estate agents and other solicitors in the chain; preparing the transfer and arranging for you to sign it if necessary; preparing completion statements confirming the amounts to be paid by the buyer and to you; obtaining mortgage funds from any lenders in time for completion;  completing and paying the purchase money to the seller’s solicitors; making sure they have redeemed any charges on the property; preparing the SDLT form for stamp duty land tax, calculating and paying any stamp duty; applying to register the title in your name at the Land Registry; serving notice of transfer or charge on any landlords; complying with your lender’s requirements post completion.

 

Our usual fees:

Purchase price Freehold VAT Leasehold VAT
0 – £250,000 750.00 150.00 920.00 184.00
£250,001 to £350,000 820.00 164.00 970.00 194.00
£350,001 to £450,000 870.00 174.00 1020.00 204.00
£450,001 to £550,000 940.00 188.00 1095.00 219.00
£550,001 to £650,000 1020.00 204.00 1130.00 226.00
£650,001 to £750,000 1070.00 214.00 1190.00 238.00
£750,001 to £850,000 1120.00 224.00 1250.00 250.00
£850,001 to £1 million 1175.00 235.00 1310.00 262.00
Over £1 million Please call us on 020 8313 1300 for a quote

 

Additional fees which may be payable:

Extra work will be needed if you are buying with the help of a government scheme or if you want to hold the property in a differing way or in unequal shares.

Our fees VAT
Help to buy ISA / LISA 50.00 10.00
Help to Buy scheme 250.00 50.00
Trust deed From 300.00 From 60.00

What might affect our fees?

In some cases, it is necessary to do additional work where there is a defect in a legal title, or to ensure that the property had the correct planning consents; or where we have to deal with lenders’ solicitors (where we are not acting for the lender); or where there is a short  deadline for completion. If extra work is required, we will advise you. Rest assured that, in most transactions, our usual fees will apply.

 

Likely extra expenses:

Fee VAT
Arranging Telegraphic Transfers

(for payment of completion funds)

40.00 each 8.00
Search bundle – local search, chancel checks, environmental 260.00 Inc VAT
Administration fees for SDLT and online registration of title 175.00 35.00
Land Registry and Land Charges searches, bankruptcy searches 20.00 4.00
Identity check fees 6.00 per name 1.20
Land Registry fees 20.00 to 445.00 0.00

 

How long will it take?

We would normally expect to exchange contracts in 3 to 4 weeks of the purchase being agreed if everything goes smoothly.  But this can be delayed by many factors including, for example, problems with the legal title, getting information from the seller, or you having difficulty obtaining a mortgage.  Exchanging contracts and the completion date will depend on whether the others in the chain are ready and when they want to complete. It is usually sensible to allow 14 days between exchange and completion and, if you require a shorter period, an additional fee may be payable, but we will advise you about this if it arises.

 

New Build properties can take much longer.  You may have to exchange contracts by a fixed date but you may then have to wait until the property is ready with completion being “on notice” – there could be a delay of many months before you complete and you will then have to complete within 10 days of our receiving the notice to complete.  You will be given a likely timescale for completion prior to exchange of contracts and we will advise you if you need to extend your mortgage offer.

Remortgage

Our work will include:

Conducting all necessary searches and advising your new lender of the results; checking the title to the property and advising the new lender of any issues; checking and complying with the new lender’s mortgage instructions; advising you on the new mortgage terms; reporting to the new lender and requesting the mortgage funds; carrying out pre-completion searches; obtaining redemption figures from all existing lenders; preparing a statement setting out the remortgage proceeds; obtaining the mortgage funds from the new lenders; paying off the existing mortgages and accounting to you for any money due to you; registering the new mortgage at the Land Registry and making sure all existing charges have been removed from the register.

 

Our fees:

Fees VAT
Freehold and leasehold 550.00 110.00

 

Likely extra expenses:

Fee VAT
Arranging Telegraphic Transfers

(for payment of redemption funds)

40.00 each 8.00
Searches – depends on lender’s requirements 20.00 – 260.00 Inc VAT
Land Registry fees 20.00 – 445.00 No VAT

 

What might affect our fees?

In some cases, it is necessary to do additional work where there is a defect in a legal title, or to ensure that the property had the correct planning consents where the lender requires this; or where we have to deal with lenders’ solicitors (where we are not acting for the lender).  If extra work is required, we will advise you. Rest assured that, in most transactions, our usual fees will apply.

 

How long will it take?

A straightforward transaction should complete within 4 to 5 weeks of receiving your instructions subject to our receiving your mortgage offer and any special instructions from your new lender.  If they are using their own, separate solicitors, it may take longer.

 

Who will deal with the work?

Our Residential Conveyancing team is headed by Carly Johnson, an experienced Chartered Legal Executive.  Carly is assisted by Amanda Davey, a Licensed Conveyancer; Tina Ahmed, a Solicitor, and Melanie Lobina, a Conveyancing Manager.  They all have many years’ experience dealing with residential conveyancing transactions, including New Build purchases and those supported by the Help to Buy scheme, and shared ownership transactions.  Transactions with a commercial element are handled by Rose Manuel, a Solicitor and our Head of Commercial Property.

“I instructed Marsons in relation to my home purchase in Chislehurst. They gave me a first rate service, efficient, prompt and helpful. They have a user friendly and “can do” approach which, given my own busy life, I particularly valued. They certainly get my vote!”

Enquiries