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Whilst you can put a home on the market immediately after a relative passes away, you will not be able to sell this property without first receiving a “grant of probate”. Depending on the circumstances, this can take at least 12 weeks and in some instances much longer.
If you have inherited a property and no longer wish to keep the property then we are happy to provide you with a quick cash offer and we can work to your timeframes until the grant of probate is received.
The UK inheritance tax system applies to the assets left behind when someone passes away in the UK. When the total value of the estate exceeds a certain threshold, currently set at £325,000, the tax is levied at a rate of 40% on everything above this figure.
Married couples and civil partners can transfer their unused thresholds, effectively doubling the threshold to £650,000. Certain exemptions and reliefs exist, such as those for gifts to spouses or charities. However, navigating this complex system can be challenging and we would always recommend consulting a tax specialist in these cirumstances.
Selling a property in property can be a stressful time for all. We pride ourselves on our ability to buy your property in a quick and hassle free manner. We recently carried out a survey of clients who had sold a property to The Property Bird.
We offer an easy solution to investors who wish to dispose of multiple units or a portfolio
We provide competitive offers on freehold and ground rent opportunities throughout the UK
Selling a property with a tenant in place on the open market is challenging. We offer a simple solution to landlords who want to exit their investment
