Under the Administration of Estates (Small Payments) Act 1965, it is possible to administer an estate without a Grant. Be careful though, if there are limited assets, are you sure the estate is solvent? Assets requiring a grant will normally be shares or real property. Small balances in bank accounts/post office accounts can normally be released to the executor on production of the original will and death cert together with an indemnity to the asset holder.
As executor, and close relative, I expect to pay
off small outstanding debts myself, so that the
tiny inheritance (if any) can be distributed without
diminution.
There are no bonds, shares or property to be
taken care of, so I'll try to keep everthing as
simple as possible.