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Can I Sell My Father’s Property After His Death?

Property Saviour » Inherited Property » Can I Sell My Father’s Property After His Death?

If you wish to sell your father’s property after his death, you will need to ensure that there’s a valid Will in place.

In this comprehensive guide, we’ll explore the steps involved in selling your father’s property after his passing, addressing common concerns and providing practical advice along the way.

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Can i sell my father's property after his death?

Inheriting a property can leave you thinking that you have a never-ending task.

The first step is to determine your legal standing regarding the property. If your father left a will, it should specify who inherits the property. If he didn’t have a will, the property would be distributed according to intestacy laws.

In either case, you’ll need to obtain a Grant of Probate or Letters of Administration, which gives you the legal authority to deal with your father’s estate, including selling his property.  If your mum survived your father, then you will need to consider transferring property after death of spouse.

If the property is left in a trust, then trustees can sell it without requiring a grant of probate.

You will need to get a probate valuation for the estate.

Once you have the necessary legal documents, you must decide how to proceed with the sale. You have two main options: selling through a traditional estate agent or using a property-buying company like Property Saviour.

AspectEstate AgentProperty Saviour
TimescaleMonths10 days or your chosen timescale
PriceMarket value (if sold)Below market value
FeesCommission (typically 1-3% + VAT)Property Saviour will pay you £1,500
CertaintySale can fall throughGuaranteed sale
ConvenienceViewings, negotiations, legal workMinimal involvement required

Ultimately, choosing between an estate agent and a property-buying company like Property Saviour will depend on your priorities. If you’re willing to wait for the best possible price and don’t mind the hassle of viewings and negotiations, an estate agent might be the way to go. However, if you need a quick and hassle-free sale, even if it means accepting a slightly lower price, Property Saviour could be the better option.

Can I sell my father's property without probate?

No, you cannot sell a property without first obtaining probate or letters of administration. These legal documents give you the authority to deal with your father’s estate, including selling his property.

Another consideration is if the inherited property has an equity release loan.  This must be paid off because of compound interest and inflated fees.  Equally, a paid-off property gives you more breathing space to settle the mortgage balance.

Do I have to pay inheritance tax on my father's property?

Inheritance tax may be due if the value of your father’s estate, including his property, exceeds the current threshold (£325,000 for the 2023/24 tax year). However, there are various allowances and exemptions that could reduce or eliminate the tax liability.

can i sell my father's property after his death
Yes, you can live in the property before selling it, but you may need to pay rent to your father's estate or obtain permission from the other beneficiaries.

What if there are outstanding debts or mortgages on the property?

Inheriting a house that’s paid off, makes life a lot easier.

However, any outstanding debts or mortgages will need to be settled from the proceeds of the sale before the remaining funds can be distributed to beneficiaries.

Can I live in my father's property before selling it?

Yes, you can live in the property before selling it, but you may need to pay rent to your father’s estate or obtain permission from the other beneficiaries if there are any.

How long does the probate process take?

The probate process can take anywhere from a few weeks to several months, depending on the complexity of the estate and whether there are any disputes or complications.

We can help you expedite the process should you sell to us.  Sell your inherited house fast.

Why Choose Property Saviour?

Here why our sellers love our service:

auction hammer

Property Saviour Price Promise

  • The price we’ll offer is the price that you will receive with no hidden deductions.
  • Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
  • These valuations or surveys result in delays and price reductions later on.
  • We are cash buyers.  There are no surveys.
  • We always provide proof of funds with every formal offer issued.

We'll Pay £1,500 Towards Your Legal Fees

  • No long exclusivity agreement to sign because we are the buyers.
  • You are welcome to use your own solicitor. 
  • If you don’t have one, we can ask our solicitors for recommendations.
  • We share our solicitor’s details and issue a Memorandum of Sale. 

Sell With Certainty & Speed

  • Our approach is transparent and ethical, which is why sellers trust us.
  • 100% Discretion guaranteed. 
  • If you have another buyer, you can put us in a contracts race to see who completes first.
  • Complete in 10 days or at a timescale that works for you.  You are in control.

Sell with certainty & speed

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