Probate Market leaders
Both the CO-OP and Simplify (the chosen provider of Barclays Bank) insisted on meeting face to face as part of their sales process and so appointments lasting about an hour were booked with both.
We asked each representative to quote for identical estates with a value of £137,000 made up of one property and two bank accounts.
The CO-OP quoted £4631.62 and Simplify £3080.40. A fixed rate quote for the same estate from Final Duties was £2143.00
All quotes were detailed as fully inclusive with the exception of 3rd party charges. Simplify’s 3rd party charges run into 8 pages listing various fees; whilst the CO-OP and Final Duties 3rd party charges seemed more transparent.
Chris Poulton from Final Duties commented
“Shopping around for probate quotations is an important step and is a must for any responsible Executor. Finding the best level of service and price is an important part of the Executor’s role and the probate market is evolving every day. We feel there is no longer a need for the home visit even with the inconvenience aside it’s now perfectly possible to achieve grant of probate without it”