1. Start with the paperwork
Most inherited-property sales begin with probate, the legal process that confirms who can deal with the estate. Until the grant is in place, a sale normally cannot complete, although preparation can start earlier.
Your solicitor can explain what applies to your situation. This guide is general information only.
2. Who needs to agree?
If there are several beneficiaries, the executors usually act on behalf of the estate. It helps if everyone talks openly about whether to sell and when.
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Free Cash Offer3. Looking after the property meanwhile
An empty property still needs insurance that covers it being unoccupied, regular checks, heating in cold weather and utilities. Check your policy with the insurer.
- Tell the insurer the property is unoccupied
- Keep the post collected
- Check for leaks and heating in winter
4. Choosing how to sell
Inherited homes are sold on the open market or to a cash buyer. A cash sale suits some families who want a simpler process, at the cost of a lower price. See our guide to cash buyers versus estate agents.
5. Tax and advice
There can be tax to consider, such as Inheritance Tax and Capital Gains Tax in some cases. Please speak to a solicitor or accountant about your own position.
This guide is general information, not legal or financial advice. Please speak to an independent solicitor or adviser about your own circumstances.