Fees

RJS Solicitors provide a bespoke service, tailored to our client’s specific needs. We make our costs transparent to enable clients to make an informed choice. We have set out detailed costs estimates on our website for a selection of services.

The prices quoted on our website are for guidance only, but Cost estimates, a Client Care Letter and Terms of Business will be provided to clients once they are formally engaged. All cost estimates will be subject to review depending on the nature of the matter as it progresses, but clients can rest assured of being updated if there are any changes to costs.

More information about the SRA’s Transparency Rules can be found online

To see estimated costs, please click on the relevant service below. If you have any questions or need further information, please do not hesitate to contact us.

Litigation – Debt Collection Fees

Fixed Costs for Uncontested Debt of £5,000 or less

Unfortunately, the time taken to resolve litigious matters (including debt recovery work) is hard to predict. After all, much depends upon the complexity of the matter, the cooperation of the opposing party, and the workload of the relevant Court(s). Usually, however:

  1. RJS will prepare the required Letter of Claim within no more than 5 days of your instructions having been confirmed;
  2. Similarly, RJS will prepare the Court Claim (if required) within 5 days of such instructions being confirmed;
  3. Once proceedings have been issued, it usually takes approximately 3-4 weeks to obtain Default Judgment (assuming the party does not file an Acknowledgment of Service);
  4. If Default Judgment is obtained, the debtor may settle the Judgment Debt quite promptly (and usually within 14 days). If enforcement action is needed, however, recovery of the Judgment Debt will take longer.

In the event of a Defence being filed, the fixed prices illustrated will not apply.
For uncontested debts over £5,000 but less than £10,000 RJS Solicitors agree a fixed cost before work commences.

For all other uncontested debts, and for contested debts of any value, fees will be charged by reference to our hourly rate and the time engaged attending the matter. These fees will be disclosed to our client in a preliminary cost estimate.

All fees are exclusive of VAT and disbursements, including Court Fees and do not include the costs of enforcement.

Wills

Every clients circumstance is individual, RJS Solicitors will tailor their service to a client’s specific needs. Below is a guideline to help our clients make an informed choice.

All fees are exclusive of VAT and additional fees relating to Will preparation (for example, personal wishes letter, Codicil to existing Will and HM Land Registry charges).

Additional estate planning advice outside the scope of drafting a Will (for example, relating to inheritance tax or potential claims made against the estate) will be charged at an hourly rate.

Trusts

Any disbursements payable in relation to any of the above services will be notified to the client as soon as possible.

All fees are exclusive of VAT and any additional fees for the specific needs of the client.

Lasting Powers of Attorney

A Lasting Power of Attorney enables someone in good health to make decisions for their future in the event of being unable to make those choices later in life. It enables someone to choose who they want to make decisions on their behalf, appointing them as Attorney(s) should the need arise, giving peace of mind and possibly avoiding complex, expensive Court of Protection fees.

Health & Welfare Lasting Powers of Attorney – enables the chosen Attorney(s) to decide on necessary daily living arrangements (for example place of residence, medical and care needs etc)

Financial Lasting Powers of Attorney – enables the chosen Attorney(s) to decide on financial dealings (for example buying or selling property, paying bills and general management of monies etc)

Enduring Powers of Attorney

An Enduring Power of Attorney enables someone in good health to make decisions for their future in the event of being unable to make those choices later in life. However, unlike other kinds of Powers of Attorney it can continue in force after the person granting it loses mental capacity. Therefore, it can be used to manage the affairs of people who have lost the ability to deal with their own affairs, without the need to apply to the Court of Protection.

All fees are exclusive of VAT and any additional fees for the specific needs of the client.

Probate and Estate Administration

RJS is committed to helping clients obtain Grant of Probate or Grant of Letters of Administration on a fixed fee basis.

Fixed fees are based on obtaining the Grant in a ‘simple’ estate.

How long will a full estate administration take?

On average estates which fall in this range are dealt within 6-12 months. Typically, obtaining the Grant of Probate takes 8-12 weeks. Collecting assets then follows, which could be a further 6-8 weeks. Once this has been done, we can distribute assets which normally takes a further 2-3 weeks. If there is a property in the estate which is to be sold, this is the part of the estate which can take the longest as it will entirely depend on the market! However, we can complete much of the rest of the estate work whilst the property is on the market, or being prepared for sale.

General criteria for ‘simple’, straightforward estate:

  • There is a valid Will
  • There are no more than 10 Bank or Building Society accounts, no shareholdings, stocks, bonds or portfolios or other intangible assets
  • Full details of all assets and liabilities are provided to us, including values
  • All assets located in England and Wales
  • There are no assets with a complex structure for encashment or assets relevant to the estate but subject to trusts.
  • There are 1-10 beneficiaries
  • There are no disputes of whatever nature (for example, issues between beneficiaries on division of assets, problems with the interpretation of the Will, difficulties between the executors etc). If disputes arise this is likely to lead to an increase in costs.
  • There are no claims made against the estate.

Once the grant is obtained further work and administration may be necessary. For guidance, the estimated total fees for the administration of a ‘simple’ estate is approximately 1% to 1.5% of the value of the assets, so for an estate worth £300,000 the fee would be approximately £3,000 to £4,500.

All fees are exclusive of VAT and disbursements.

Please contact us for a bespoke quote and any other enquiries related to Probate matters.

More information about the Probate and Administration process can be found online at:
https://www.lawsociety.org.uk/for-the-public/common-legal-issues/probate/

Property Conveyancing

Typical timescales and key stages for residential conveyancing (freehold and leasehold)

The typical timescale for any sale or purchase is four to six weeks but can be much shorter, or longer, dependent on the size of the chain and the financial and other arrangements of the parties within it. Also, at present, completion times are being extended considerably due to searches, particularly local authority searches, taking much longer to be delivered. Search delay insurance can be taken out to support a purchase and a mortgage provided the mortgage lender accepts same and provided the cover offered is acceptable.

Mortgage / remortgage

Many property purchases are funded by mortgages, which are long terms loans advanced by a wide variety of lenders, and which loans are secured as legal charges on the property to which they relate.

A remortgage is replacing an existing mortgage for a new one often on better terms such as a lower interest rate.

The work involved is very similar to the work involved in acting for clients buying a property namely the title has to be investigated to ensure that it is sound and free from defect and that it may be safely accepted as security for the mortgage monies and that all usual and relevant searches are commissioned, checked and reported to the lender should any adverse information be revealed therein. Provided all matters relating to the suitability of the property in question for mortgage purposes have been checked and found to be satisfactory, a certificate of title is then sent to the new mortgage lender certifying, from the solicitor’s point of view, that the property is safe to lend on and requesting new mortgage funds. Simultaneous with this is a request is made to any existing mortgage lender for a redemption figure showing how much money is required to pay off the old mortgage and then requesting any balance of monies due to deal with any shortfall and to discharge all fees. Once completion takes place, the new mortgage is registered at the land registry. Assuming that the new mortgage offer is delivered in a timely manner, and subject to searches being received, the time period for completion will be round the same time period of four to six weeks.     

Residential Sale and Purchase – Freehold

Our fees cover all stages of the work required to complete the sale of your home and the purchase of your new home. This includes dealing with the Land Registry and with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or, Land Transaction Tax (Land Tax) if the property is in Wales.

Conveyancer’s Fees (Exclusive of VAT)

Disbursement’s Fees

Stamp Duty or Land Tax – Payable on purchases in excess of £125,000 as follows:

All fees mentioned above may vary from time to time and are subject to change and additional fees which may be incurred during the conveyancing process.

Please contact us for a detailed quote, specific to your needs.

Residential Sale and Purchase – Leasehold

Our fees cover all stages of the work required to complete the sale of your home and the purchase of your new home. This includes dealing with the Land Registry and with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or, Land Transaction Tax (Land Tax) if the property is in Wales.

Conveyancer’s Fees (Exclusive of VAT)

Disbursement’s Fees

Stamp Duty or Land Tax – Payable on purchases in excess of £125,000 as follows:

Anticipated Disbursements

These fees vary and can on occasion be significantly more than the ranges given above. An accurate figure may be given up on sight of your specific documents.

It should be noted that ground rent and service charges are likely to apply throughout your ownership of the property. These details may be confirmed once we have receipt of the information.

Additional Fixed Charges for Conveyancing
Occasionally additional matters arise unexpectedly during the conveyancing process. We will advise you as soon as possible of any additional fees (above the fee charged for the initial sale and/or purchase) which will be incurred in order to satisfy the requirements.

This list is for guidance only and not intended to be exhaustive. The fees stated are exclusive of disbursements.