Have you been left a house that you need to sell quickly? At Home House Buyers, we have the perfect solution to helping you get a sell your probate property fast.
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Inheriting a property can be a complex and emotional experience. Not only are you dealing with the loss of a loved one, but you’re also faced with the task of deciding what to do with the property you’ve inherited. One of the options you may consider is selling the inherited property
Before you can sell an inherited home, you will need to go through the probate process. Probate is the legal process of dealing with the estate of someone who has died, which includes their property, money, and possessions. The executor of the will or the administrator of the estate will typically apply for a Grant of Probate from the Probate Registry.
If the deceased left a will, the executor named in the will applies for a Grant of Probate. If there is no will, the next of kin applies for a Grant of Letters of Administration. Either of these documents provides legal recognition to the right person to deal with the deceased’s assets.
This involves a number of steps, including:
- Gathering information about the deceased person’s assets and liabilities.
- Appointing an executor or administrator to manage the estate.
- Obtaining a grant of probate, which is a legal document that confirms the executor’s authority to administer the estate.
- Paying any debts or taxes that are owed by the estate.
- Distributing the remaining assets of the estate to the beneficiaries in accordance with the deceased person’s will or the laws of intestacy.
The probate process can take several months to complete and may require the assistance of a lawyer or other legal professionals.
If you are selling a house that was part of a probate estate, there are a few things you should keep in mind. The first is that the probate process can be complex and time-consuming, so it’s important to work with an experienced real estate agent who can help guide you through the process. Home House Buyers are available to help guide you through the process to help you achieve a quick cash sale once the process is complete. While probate is being completed, we can start the sale process and have everything in place ready for when probate is granted.
This is different to the open market as usually, if you were going to sell the probate property on the open market you would have to make sure that the property would be totally cleared but if you are going sell he property to us we will buy the property as is and clear the property for you.
We look to accurately price the property by researching comparable sales in the area and taking into account any unique features of the property. One we agree a price with you, we work swiftly to complete the sale at a time scale that suits you and transfer the proceeds into a nominated back of your choice. We cover all fees in the sale of the house including our specialist legal team that help this go smoothly.
We Buy Inherited Houses Fast – 100% Fees Paid
Having dealt with a large number of probate estate cases throughout the years, we can help guide you through all of the challenges and pitfalls that may arise such as the following:
- The estate may have significant debts or other liabilities that must be paid before the property can be sold.
- The property may require significant repairs or renovations before it is ready to be sold.
- The property may be difficult to value accurately, which can make it challenging to determine a fair asking price.
- The property may be subject to legal restrictions or other encumbrances that make it difficult to sell.
- The beneficiaries of the estate may have conflicting interests or opinions about the sale of the property, which can make the process more complicated.
Overall, selling an inherited property (probate) house can be a complex process, but with the right preparation and guidance from our experienced team, it can be done successfully allowing you to move forward.
Call us on 0800 612 1366 to book a free no obligation appointment with our probate specialist today to discuss your situation.
Overall, selling a probate house can be a complex process, but with the right preparation and guidance from our experienced team, it can be done successfully allowing you to move forward.
Call to book a free no obligation appointment with our probate specialist today to discuss your situation.
Some of the questions we are asked
What is the general process of selling a house after someone’s death and what role does probate play in it?
When it comes to selling a house after someone passes away, the general process typically involves obtaining probate before proceeding with the sale. Probate needs to be granted by the court to the executor of the deceased person’s will, giving them the authority to handle the estate and sell any property.
Under what circumstances can a house be sold before probate is granted?
Under certain circumstances, it is possible to sell a house before probate is granted. One such circumstance is when the property is jointly owned, and the deceased person’s share automatically passes to the surviving owner. In this case, the surviving owner can sell the house without the need for probate.
How does the existence of a trust affect the ability to sell a house before probate?
Where a house can be sold before probate is if the deceased person had a trust in place. Trusts are legal arrangements that allow assets to be held and managed for the benefit of beneficiaries. If the property was held in a trust, the trustee appointed by the deceased person can sell the house without the need for probate.
What are the legal requirements and steps that need to be followed to sell a house before probate is granted?
To sell a house before probate, there are some legal requirements and steps that need to be followed. First, the executor or trustee needs to establish their authority to sell the property. This may involve providing the necessary documentation to prove their appointment, such as the will, death certificate, and any relevant trust documents.
Why is it important to seek professional advice when attempting to sell a house before probate, and what kind of assistance can they provide?
It is important to obtain professional advice from a solicitor or a probate specialist who can guide you through the process and ensure compliance with the legal requirements. They can assist with preparing the necessary paperwork, such as the contract of sale and the relevant property transfer documents.
What challenges or complications can arise when selling a house before probate and how can they be effectively addressed?
Challenges or complications may arise when selling a house before probate, especially if there are disputes among beneficiaries or complex legal issues surrounding the estate. It is essential to address any potential challenges early on and seek professional advice to resolve them effectively.
Do I need an official house valuation for probate?
At Home House Buyers, we’re often asked whether you need an official house valuation for probate. The short answer is that it depends on the size of the estate and whether inheritance tax is likely to be due.
For smaller estates that fall well below the inheritance tax threshold, HMRC is usually happy to accept valuations provided by local estate agents. In these cases, obtaining two or three written appraisals and using the average figure is often enough.
For larger estates, or those close to or above the inheritance tax threshold, it’s strongly recommended to arrange a professional valuation from a RICS-qualified surveyor. This type of “Red Book” valuation carries legal weight and ensures the figure stands up to any scrutiny from HMRC. It also helps avoid problems if HMRC believes the property has been undervalued.
As cash property buyers, we regularly work with executors and families going through probate. If you’re dealing with a probate property and would like a no-obligation cash offer, we can arrange a quick valuation and guide you through the process. Whether you decide to sell to us or not, we’ll make sure you have clear information about the property’s value so that you can proceed with confidence.
Disclaimer: We are not financial or legal advisers. The information above is for general guidance only. For advice specific to your circumstances, please consult a qualified solicitor, tax specialist or financial adviser.
Your 5 step checklist to start the process of selling your probate property fast
- Request a no-obligation cash offer for your inherited property from one of our friendly property experts.
- On acceptance of the offer; you’ll need to have to hand the outstanding balance on any mortgages or secured loans
- Have a time scale that suits you for us to work towards
- In regards to solicitors there is no need to stress, we can organise a solicitor to act on your behalf
- Once probate has been granted, the legal work has been finalised and the survey carried out the money will be ready to be sent to your account
Home House Buyers can purchase your inherited property quickly because we have cash funds readily available. For piece of mind, we send you evidence of this so that you are reassured you are working with a trustworthy and established company. We don’t rely on a mortgage to complete the purchase of your probate property.
Why choose Home House Buyers?
Over the past 20 years, Home House Buyers have been helping to sell thousands of homes across the UK and are one of the most established companies in the market. Our friendly team are on hand to answer all your questions and provide full transparency on the process whether you choose to sell to us or not.
There’s no hidden fees therefore you can be aware of precisely what you’re getting as we cover all of the fees for the solicitors, surveys and the cost of the management packs (if a leasehold property).
At Home House Buyers, we believe in honesty and transparency from the outset. We understand that higher initial offers from some buyers can seem attractive, but sellers should do their homework – these offers often come with no formal agreement and are later reduced when the seller feels too far down the line to walk away. That’s why we provide a clear, written agreement from day one. This protects our clients by locking in the agreed price, giving them peace of mind and security throughout the process. The price we offer is the price we pay – no surprises, no pressure, just a fair and straightforward sale.
We are proud to be part of the National Association of Property Buyers, and are regulated by the Property Ombudsman – No. 08682212.
What kind of properties do you buy?
We buy all kinds of properties from detached houses to one bedroom flats. We also buy properties classed as un-mortgageable including those with Damp, Short Leases, Structural Movement, Japanese Knotweed and various other conditions, so if you are unsure please get in touch for a chat on 0800 612 1366.
Will there be any conditions to your offer?
Our offers are free and there’s no pressure to accept
We’ll give you a fair, no-obligation cash offer for your property completely free of charge. You’re in control, and there’s never any pushy sales tactics or hidden fees. If you don't like our offer, you are free to walk away.
Am I under any obligation if I request a valuation?
If you request a valuation from Home House Buyers then you’re under no obligation. We are happy to provide you with a realistic cash offer valuation. As each property is unique, we contact you to ask a few questions such as the age of the kitchen, bathroom and boiler and what other investments you have recently made that may impact the price.
Do you use RICS qualified surveyors when getting your survey done?
Yes we only trust the opinion of a RICS qualified surveyor. All the surveyors we use are independent and local to your area.
Do I need a solicitor?
Yes we can, we do prefer to come and see your home however we understand that sometimes this isn’t always possible. Just give a member of the Home House Buyer team a call to discuss further.
If I contact you, what happens to my data?
We only use your data to contact you about the property you enquired about. Your data is never shared with anyone outside of our company and you have the right to be removed from our database at anytime. As you can see from our reviews, we know what an important decision this is in your life so we never pressure sell and you are under no obligation to sell.
My property is in very poor condition and needs some work. Are you still interested in buying it?
Don’t worry if your property needs work. We regularly buy homes with structural issues, damp, outdated interiors or even ones that have been completely neglected. There's no need to clean, clear or fix anything - we’ll take care of it all after the sale. If you're not sure whether your home qualifies, just get in touch and we’ll talk it through.
How can you afford to keep buying properties?
Apart from holding large cash reserves, after a period of time we refinance some of our properties to allow us to keep on buying.
Can you stop my house repossession?
Yes we can. We have previously stopped repossession on the day of the repossession. The best thing to do in a situation where a repossession is looking likely is to deal with it straight away. The longer you leave it the more chance there is of losing your property. Call Home House Buyers now and we’ll deal with it on your behalf.
Can you help me with my onward move?
Yes we can help you find somewhere, help with negotiations and help to organise your removals.
Do I get to pick a completion date?
Home House Buyers can work with you to pick a completion date that suits you.
Is there anything that can affect the speed of the sale?
In most circumstances we will complete within the requested time scale. Like anything in life there can sometimes be things such as lease hold enquires that can hold up the sale but we are skilled in working around problems.
How do I get the money from the sale when selling to a cash buyer?
The Solicitors will pay the completion money directly into your bank account on the completion day.
Can I change my mind at any point when selling to a home cash buyer?
Absolutely! In order to start the buying process, we have an initial agreement that comes with a 14 day cooling off period. After that point if you were to pull out of the agreement and we have incurred any expense, we would expect our cost to be paid. If we pull out for any reason then you don’t pay anything.
Do you buy properties with mortgages?
Yes we do! We can purchase your property at any stage within your mortgage.
What happens if something negative comes to light in the survey or with the solicitor's report?
If something negative comes to light in the survey and/or with the solicitors that would hinder us from purchasing your property, we cover all the fees absorbing the costs and release you from the contract.
Do I need to sign an ‘Option to Purchase’ agreement?
No - we typically do not ask sellers to sign an ‘Option to Purchase’ agreement. Some property companies operate differently and may use these agreements to secure exclusive rights over your property without committing to a purchase.
