020 7183 3022
0800 862 0206
Welcome to the UK's leading probate property buyer...
Property probate valuation - ask us about a free valuation
Many of the enquiries we receive are from executors of deceased estate's who are looking for a second opinion of a property valuation. Valuing a property can be quite subjective, so valuations can vary quite considerably.
This is especially the case if a property requires refurbishment (which many probate properties do), the cost of refurbishment for a professional builder who might be interested in renting the property as an investment will clearly be less than the cost for a first time buyer. So a second opinion is always worth obtaining. We’re happy to provide a second opinion with no charge and no obligation.
Is a grant of probate required before the property sale?
The short answer is that grant of probate is required. But that doesn’t stop you from making plans to sell.
Without a grant of probate there is no evidence to show the legal chain of ownership from the person who owned the house (the deceased) to the person wishing to sell (the executors or the administrators). So until the grant is issued there will be no rights to sell the property despite the executors being named in the will.
The personal representatives are allowed to begin marketing the property or making contact with prospective buyers but they cannot enter into the contract of sale until the grant is issued. Any prospective buyer (or their solicitor) will require a certified copy of the grant.
The hassle-free way to sell a probate property in the UK...
Established in 2003, we offer a service for the executors and beneficiaries of deceased estates who require the sale of a probate property in London and the UK. Our purchases are made with our own funds, meaning we are not reliant on the decisions of a mortgage company.
No Need To Clear The Property
We Buy In Any Condition
Fair Offer & No Commission
No Fees, No Ties, No Contracts
We Can Cover Your Legal Fees
We Buy "Sold As Seen" Without Delay
We are members of the Property Ombudsman for your complete peace of mind.
Is there a deadline for payment of inheritance tax to HMRC?
Information obtained from gov.uk states that you have one year from the date of death to fill in Inheritance Tax forms if there’s Inheritance Tax to pay. And you will have to start paying Inheritance Tax by the end of the sixth month after the death whether you have completed your forms or not - you can make a payment before you finish valuing the estate.
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How long does probate take where property is involved?
The length of time probate takes depends upon the size of the estate. The starting point is to value the Deceased’s assets and liabilities. Thereafter, the inheritance tax returns can be completed and the application to the probate registry made. Once the grant is issued the various assets can then be collected, and the estate distributed. For estates involving inheritance tax, usually where a property is included in the estate it can take up to 5 months. Those cases were the Estate is under the inheritance tax threshold are often much quicker to conclude and typically can take anything between 2-3 months.
What insurance cover is required for a probate property?
Many insurance policies become invalid if a property is unoccupied, usually for a period of 6 weeks. If there is already an insurance policy for the property then it’s important to let the insurer know that the property is now unoccupied – they will update the existing policy and advise you to make sure certain things are carried out, most insurers will require that the water header tank (if there is one) is drained down, that the letterbox is sealed and that the property is regularly inspected.
Top rated probate property buyer - our customers rate us!
Selling to a specialist probate buyer v’s using estate agents
Our focus on purchasing probate properties originated from an experience one of the founders of the company had, which he believed could be vastly improved on.
Most properties in the UK are sold through estate agents, but the difference with probate sales is that there can often be issues raising finance for the average buyer. Reasons for this can be because probate properties are often in need of modernisation, protocol forms cannot be completed accurately and paperwork is sometime not available. Some of these issues only come to light later in the sale process and can often result in a mortgage application being rejected, meaning the sale has to start from scratch. Meanwhile the vendor has to maintain an unoccupied property and wait for a new buyer.
We are familiar with the issues that can arise when selling a probate property and we are not dependant on external funding, so can offer a reliable sale with no fees and no commission.
Contact us for more information or a no-obligation offer
Phone: 0800 862 0206 or 020 7183 3022 Lines are open from 8am to 8pm
Email: info@ldn-properties.co.uk
Post: LDN Properties, 332 Linen Hall, 162 Regent Street, London W1B 5TD
When you’re looking for a straightforward and reliable sale, we can help. See what our customers have to say about us by scrolling through the comments below.
You can be assured of an extremely competitive offer with the added benefit of a prompt and reliable sale.
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020 7183 3022
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We offer a reliable sale at a fair price.
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Sell direct for a quick and guaranteed sale at a fair price, with no fees.
No hassle for you, no estate agents involved, no fees and definitely no chain.
LDN Properties Limited
Member of The Property Ombudsman
0800 862 0206
Direct Property Buyer
Celebrating 20 years
Our customers say Excellent
4.9 out of 5 based on 307 reviews
Free from mobiles & landlines
Sell Direct for a Quick and Guaranteed Sale
Request your no-obligation offer estimate now
LDN Properties Limited
Direct Property Buyer
Celebrating 20 years
Our customers say Excellent
4.9 out of 5 based on 307 reviews
Free from mobiles and landlines
0800 862 0206
Prefer to talk? Our lines are open from 8am to 10pm
Please call 020 7183 3022 or 0800 862 0206
LDN Properties Limited, 330 Linen Hall, 162 Regent Street, London W1B 5TD
Registered with the Property Ombudsman
Company No. 04636129 ICO No. Z7733416 TPO No. D12463
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