Property Inheritance In Hertfordshire - Need A Fast Sale?

There are a number of steps involved in inheriting a property, first and foremost there is a death of a family member or close friend who has decided to leave their property to you in their will. Dealing with this part of the process can be highly emotional.

When someone dies an “executor” of the estate is appointed, this persons job is to allocate the assets of the individual according to the terms of their will. 

The formal distribution of the assets is carried out through a process called probate, where the legal title of assets are transferred to their new owners. At this point it is important to consider tax liabilities, as Inheritance Tax may apply on any assets which you have acquired. Often properties may be inherited by multiple owners, such as family members including children, which can mean multiple owners, who may have different perspectives on the ownership of the property.

Once the inheritance process has been completed and you own the property it is quite common for emotional reasons that the family or friends who are the new owners may take some time to process what they are intending to do with the property, and ultimately sometimes the sensible option is to sell the property and share the proceeds between the parties involved, providing the beneficiaries with liquidity (cash in the bank).

This is particularly relevant if the property requires a level of modernisation or maintenance work which is often the case once the previous owner has departed, which may mean the new owners incurring expenses which they may not be prepared for.

We work closely with our clients to deliver the right solution, and most importantly we deliver!

We understand that selling a property can be extremely stressful, and when a sale has fallen through then this can compound that stress. Hertfordshire Home Buyers offer a fast solution to our customers.

Our process is very simple.

Step 1: Complete our enquiry form
Step 2: Initial call with a member of our team
Step 3: Valuation carried out
Step 4: Offer provided
Step 5: Offer accepted
Step 6: Completion

To start this process today, complete our enquiry form.