FE Probate Valuation

We conduct Probate Valuations across the whole of the UK
We only require 24 hours notice
Our reports are detailed and sent to you within 5 working days after the initial appointment.
We have never had a report rejected by HMRC.

Probate Valuations

FE Probate Valuations offers specialized services to support the process of settling an estate. Our client base includes private individuals, lawyers, executors, and administrators throughout the UK. Our goal is to simplify the probate valuation process and reduce stress for our clients. What is a probate valuation? A probate valuation is conducted to determine the overall value of an estate’s assets. This is crucial for several reasons. Primarily, it helps to establish whether inheritance tax (IHT) is applicable to the estate, and if so, the amount of tax that must be paid. Probate valuation assurances The landscape of probate valuation is seeing an increase in companies lacking experience, which often leads to valuations being scrutinized and potentially rejected by HM Revenue and Customs, resulting in delays and extra costs. Our company, with over 12 years of experience, has never had a probate valuation rejected.
FE Probate Valuations delivers precise and compliant probate and IHT valuation reports, adhering to the standards set by HM Revenue & Customs.

Frequently asked questions

A probate valuation assesses the value of a deceased person’s assets to determine the amount of inheritance tax due. This valuation must meet specific criteria to be accepted by HM Revenue & Customs (HMRC).
 The executor or personal representative of the deceased is responsible for arranging the probate valuation.
The estate typically covers the cost of probate valuation.
Yes, especially if the estate includes high value or complex assets. Professional valuations help avoid potential conflicts with HMRC by ensuring accurate valuation of the estate’s assets.
 If HMRC finds the valuation inaccurate, it can reject the submission, which may lead to delays and additional costs in settling the estate. We have never in our twelve years had a probate valuation report rejected. 
All assets, including real estate, vehicles, jewelry, art, antiques, and other personal belongings, should be included in the probate valuation.
Once you book an appointment with us, our two valuers will arrive at the property at 9am. They will take photographs of the contents of the property deemed fit for probate. 
Once they are finished at the property, they will head back to our head office where they will compile your probate report, this will be emailed to you in PDF format within 5 working days of the initial appointment.  It usually takes our team between 1-4 hours to photograph the contents of the property.
 Probate value is often based on the price an asset would fetch in its current condition at the time of the owner’s death, while market value may be higher due to potential improvements or future market conditions.
Your probate valuation report will have a photograph of all assets, with detailed descriptions, and the value of each item as of the date of death.
As of the latest guidelines, the inheritance tax threshold is £325,000. Estates valued above this amount may be subject to inheritance tax.
You will need to complete the following forms:
  • Schedule IHT 407 – For jewellery, vehicles, boats, aircraft, antiques, works of art, or collections
  • Schedule IHT 408 – This is for household and personal goods donated to charity.
  • Schedule IHT 404 – Jointly owned assets.
The forms are available online and can be downloaded from  www.hmrc.gov.uk. Attach your written probate valuation to these forms when submitting them to HMRC. https://www.gov.uk/government/collections/inheritance-tax-forms

Contact us

Fill out the form or contact us below to get more information or book a probate valuation.
Morpeth Court, Castle Bank, Morpeth, Northumberland, NE61 1YJ