It can be stressful enough to deal with the death of a close family member without having to worry about what to do with the inherited property. Regardless of whether you were aware or not about inheriting a house in your loved one’s will, the property still has to be dealt with.
Leaving a house or apartment to sit empty until you decide what to do with it at a later date may seem like a good idea at the time – especially if you are still in the early stages of bereavement. But, once you feel better and able to cope, it’s best to sell the property as quickly as possible. That’s because the longer you leave it, the more the house will fall into disrepair and require work. There will also be bills to pay off.
Understandably, the whole process of having to deal with lawyers, estate agents and buyers can seem so complicated, that you may be tempted to ‘hide your head in the sand’ and convince yourself you will get round to it one day. And that’s exactly why, here at Faster Property Solutions, we have set up our Helping Hand scheme to help you through the process of dealing with a loved one’s former dwelling. After all, it’s not as if selling an inherited property is an everyday occurrence for you.
Sell an inherited property for cash
The quickest, smoothest and easiest way to sell a probate property is to negotiate a price with a cash buyer. And here at Faster Property Solutions we can arrange that for you.
This is regardless of the condition of the property. When inheriting a house you may find that it is in dire need of repair, or requires major refurbishment work – the type of thing that would put many potential buyers off. Once you have sold the property though, that will no longer be your problem, but ours.
What is the probate process?
Probate can prove to be a lengthy and costly process. If the deceased left a will outlining how his or her house was to be disposed of and you are named as executor, then you can apply for a grant of probate to deal with the property.
Before you can sell the inherited property, however, you have to pay probate fees and inheritance tax if necessary (by estimating its worth). There may also be maintenance costs and even debts left to pay off.
Getting probate can take up to 14 weeks. But selling the property on the open market can take months. Only once probate is complete can the property be legally sold.
The Faster Property Solution process is simple
The probate process can seem daunting, so let us deal with that for you. After all, we are well-versed in the intricacies of the UK probate system. We understand the legal terms and can deal with the solicitors for you, keeping you updated at every stage of the process.
We will even pay the solicitors fees upfront for you and, once the sale of your inherited property has taken place, deposit the money directly into your bank account.
Because we are familiar with the market, our property experts are able to give you a same-day valuation for your house or apartment. You don’t have to wait until we get mortgage approval to sell as we are genuine cash buyers.
In other words, not only do we take away the hassle of preparing the property for sale for you, but we also purchase it quickly without any fuss. That lets you get on and enjoy the rest of your life without the worry of having to deal with solicitors and estate agents, not to mention maintaining a property you don’t actually live in, which could also be miles from your own home.
Our process is simple. It is four easy steps:
- You get in touch and leave a message
- We call you back ASAP
- We look into your property and situation, do our research and make a cash offer
- We support you every step of the way
Benefits of using Faster Property Solutions
Someone to ask. Using our team to help you both pre and post-probate, means you’ve always got someone who can answer your questions if clarity is needed. And, of course, we understand you’ve inherited the house as a result of bereavement so we are always on hand to listen, if you need emotional support too. After all, selling an inherited house often means saying goodbye to childhood memories too, and that’s not easy.
Faster sale time. When you sell your house for cash, it can take anything from several days to up to a month. Put it on the open market with an estate agent and you’re looking at a time scale of up to nine months – depending on how the property market is performing at the time.
Definite sale. The cash sale will always go ahead. That’s because there’s no chain in which someone can pull out, and no mortgage to be refused.
Discreet service. None of the neighbours will even know you are selling the house (unless you want them to). There will be no ‘for sale’ signs up (which can encourage break-ins in vacant properties), and no viewers tramping through the house.
No fixing up. You don’t have to worry about sorting out the dripping tap in the kitchen sink or getting a joiner in to plane the door that always sticks. Whereas, an estate agent would insist on repairs before he or she even puts the property on the market.
Get in touch with Faster Property Solutions today
To find out more about how we can help you sell an inherited property, take a look at our website www.fasterpropertysolutions.co.uk. Call us free on 0808 1697 403 and leave a message – we’ll get back to you as soon as we possibly can. You can also chat with us live on our website or via email at enquiries@fasterpropertysolutions.co.uk. We look forward to hearing from you!
