The Transparency Rules aim to help prospective clients understand how much their case is likely to cost before they contact you or pay you a retainer.
The rules do not affect how much you can charge for your services. They do not specify which charging model to use. You just need to make sure the cost is clear to clients.
You must include the total cost of the service or, where that is not possible, the average cost or range of costs. These costs should state whether VAT is included. If it is, you should state the amount of VAT that applies.
When you do this, you should make clear what assumptions you’ve made about the matter.
You must also include the basis for your charges, including any hourly rates or fixed fees.
You must include a description of any likely disbursements and how much they’ll cost. You must also make clear whether VAT must be paid on the disbursements and, if so, the amount of VAT.
If you use conditional fee or damages-based agreements, you must publish the circumstances in which clients themselves have to pay for your services. This includes any payments they may have to make from any damages they receive.
The price information below is a general indication of costs based on our experience.
We estimate a fixed fee cost is likely to range between £1,750 and £2,500 plus VAT and disbursements* for a straightforward grant of probate and administration of an estate, for estates in England and Wales, where:
- there is no more than one property in the sole name of the deceased
- there are no more than three bank accounts
- there are no debts (other than utility bills)
- there is a valid will appointing executors
- there is a single beneficiary
- there are no complications
*Disbursements (costs related to your matter that are payable to third parties)
|Office copies for the grant of probate (per copy)||£0.50||none|
|Post in the local paper||£185||none|
|Post in the London Gazette||£62.15||none|
*Please note that the government has issued proposals to increase fees in the future. We will attempt to make the application for the grant before the fee changes but due to the nature of the process and reliance on third parties this may not be possible.
Please contact us so that we can provide you with an individual quote based on your specific circumstances.
You should also list any factors that could increase overall costs.
Example: additional costs
The following factors are likely to increase the cost of your matter:
- not having all of the paperwork available, or having missing or incorrect information that needs investigation and correction
- third parties not responding to our communications promptly
- dealing with unusual or complex assets or items (for example fine art, timeshares, shares in private companies etc)
As soon as any complications arise we will discuss these with you and agree the fee for the additional work being carried out in advance of any additional work being undertaken.
You should make clear that every case is different and encourage people to contact you for an estimate for their individual case.
Example: contact us
Obtaining a grant of representation and dealing with the administration of an estate can be complicated; it can take several months to make sure everything is done properly. At [firm name] we offer a complete estate administration service to deal with everything for you.
Every estate is different, which is why we encourage you to contact us so we can provide you with an estimate outlining a range of potential fees to make sure that you get the right amount of support to meet your individual circumstances. We will update you regularly on your costs throughout the matter so you can stay in control throughout.
Find more detailed advice in our practice note on price and service transparency.
The SRA’s ethics guidance has useful templates for pricing models.
It’s important to review the information you provide about price transparency regularly, so that it does not go out of date.