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Probate
paulpa66
Posts: 62 Forumite
I,m buying a property that we are waiting for probate to be given before we can exchange.
Probate has been applied for to the courts/probate office. Just wondering how long it takes to issue the probate so that the solicitor can sell the house.
Probate has been applied for to the courts/probate office. Just wondering how long it takes to issue the probate so that the solicitor can sell the house.
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Comments
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If the Probate application has actually been sent off to the Court then I'd say 3 weeks is an average time in my experiance. However, they only need to get one word wrong and it can get sent back - this doesn't happen often but you shoudl be aware.Currently studying for a Diploma - wish me luck
Phase 1 - Emergency Fund - Complete :j
Phase 2 - £20,000 Mortgage Fund - Underway0 -
Depend on the complexity of the deceased's estate it could take a bit longer than you think.
My fathers was reasonably complex, I didn't deal with it directly (his brother did) but numerous things have to be accounted for such as pensions & other assests in order to for the value of the estate to be estimated for any IHT for beneficiaries.
I'm not quite sure which order it all happens in but I don't think it's as simple as a quick 3/4 week application. Though I may well be wrong.0 -
Estate valuation has been done and the application has been submitted by the solicitor to the courts, no IHT0
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