How long to sell house after death? [off topic]

Not really. If he kept his paperwork in order and the executor(s) were clued up three or four months would be quite easy. In my experience six months would be a reasonable time. If it took much longer then I would think the executor(s) were dragging their feet.

Peter Crosland

IME 3 months for the first part (and that was longer than it should have been) and then however long it takes to sell. Might be 10 minutes, might be

What relevance is it that they died 'suddenly' (or were 39) to the rest of this?

Such as what? Which corners? What benefit to anyone, would it be to keep the house empty?

Having just been through it, I think you need medical help to even ask this question. Believe you me, you want to get through all this legal s*it as fast as possible to get it out of the way, and same for selling the house, what use is an empty house?

This is the first compaint I have ever seen about the law moving too quickly.

That needn't take long

Which could take as little as a week in a bouyant market. If the beneficiary doesn't want to live in the house then they may be willing to accept slightly below full market value for a quick sale.

No point in hanging on to a house that's sitting empty and costing money.

Owain

About as long as it takes to sell at any other time. Bearing in mind that there's no upward chain involved and the house is vacant posession, so that makes it more attractive to buyers. Also, since there's no upward chain, and hence no commitment to paying out a specified sum of money by the seller (the executor), the seller is more likely to be amenable to a bit of haggling in order to achieve a quick sale.

Mark

In message , Jane writes

as long as it takes to find a buyer. This could be any time from a day to 10 years. There is no 'normal' time.

Whats that got to do with it?

Thats right.

what is age got to do with it?

Fair enough, that doesnt seem too unusual

why?

Seems ok.

Hmmm, I cant see why. I would be more inclined to call it 'efficient'.

Not relevant and of no consequence to your question.

Perfect no missus to get in the way!

Of course I doubt if he will be able to get his hands on it till hes 18... but the fact that he left it to his son suggests he might have had a Will...excellent planning and simplifies the application for Probate...also if his assets are lower than 285k? an IHT200 wont have to be submitted...makes life much simpler.

Not relevant since he has left all the assets to son, which would occur through a Will or via Intestacy rules.

You have 6 months to apply for Probate after which our local council has a council tax exemption for a further 6 months (different rules apply for different local councils). From death to Probate being granted our council allows an exemption from council tax. In our area if the house is not sold within a year of death full council tax is chargeable..... so it doesnt pay to hang about, especially like me if you in an area of relatively low house prices and not in a sellers market part of the housing cycle.

Slightly complicates matters...and I am unsure what the penalties are for dieing!

Perfect.

I wish my late mothers estate had gone that way (took 20months)...and my late fathers took 36months.

The main fraud that I can think of is where the house is sold for less than it true value to a friend of the seller or agent in return for a bribe.

If you suspect fraud then first call the probate office and get copies of everything they can give you (which will include the will).

Pay £6 and get the title plan and register from the governments central register -

Paying for a report will give you the average time to sell in the area and also a valuation (which may not help as it may be influenced by the house sale concerned)

The following sites use Land Registry data to give you the actual sale prices -

If the house appears to been sold below the value of other comparable properties then post again in uk.legal.moderated.

Daytona

In message , biggirlsblouse wrote

Surely with no-one paying off the mortgage for many months the debt with the building society builds up? A fast sale is preferable in these circumstances.