Regarding a property inherited in Chelmsford, Laura Richardson considers how a person should go about selling this property and what factors they should consider in this regard.

Unless your name is on the deed of the property already, then in order to sell a property inherited in Chelmsford
you will be required to wait until the Grant of Probate has been completed. Probate is the process
that grants the legal right for the Executors to deal with the deceased’s Estate. Once this has been
obtained, then the process of selling the property can begin.

Costs
The process of selling a Probate property is similar to selling any other property. Once Probate has
been granted, the legal fees associated with selling the property should be the same rate as if you
were selling your own property.

Costs may arise if you have to arrange for the house to be cleared. This can be done by yourself, in
which case it may be possible to do this without spending any money, however you may not be able
to do this if you need to dispose of large amounts of rubbish or get rid of unsellable, unwanted items
as you may have to pay for a collection skip or similar. If you choose to have the clearance completed by a
professional company then this will incur costs dependent upon the amount and type of belongings
needing to be cleared.

It is important to note that the property may need a different type of insurance if it is left
unoccupied for a period of time. There may also be other bills that need to be considered, including
Council Tax, utility bills for example for if the property is left vacant for a longer period of time,
especially over the Winter months then you will need to periodically heat the property to avoid
damp issues.

Benefits
There are benefits to selling a Probate property inherited in Chelmsford; many buyers are keen to purchase a Probate
property as they often have the potential for renovation works, and are sold with ‘no chain’. This can
sometimes lead to a quick sale. According to a recent survey, around 10% of properties are ‘Probate
sales’ meaning that buyers are becoming more aware of the benefits of purchasing these properties.

Whether you are in Chelmsford or the surrounding areas of Essex, if you would like to discuss selling
a property to have been inherited, contact Andrew Douglas Wills and Legal Services today to arrange a free initial
consultation to discuss your requirements.

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