Buying a probate house

Poddington

Hello

I was hoping for some advice; ive seen a house i like and put in an offer which is currently being considered by the vendor.

It is a probate property and I just wondered, how long probate sales can take?

Ive sold my property so am currently in a first time buyer position, and the property is vacant with no ongoing chain; just wondered how long buying a probate can take and if there are any differences between probate and "regular" house sales.

Any advice would be appreciated!

CLAPTON

has probate been obtained?

Poddington

Hi,

No i think they still have to apply; not sure how long that can take.

jmt

My parents completed on their probate bungalow last Friday (26th). Vendor placed property on market 12th Feb, parents viewed 14th and offer accepted later that day. Vendor applied for probate as offer was accepted and came through on 5th April. Vendor took 3 weeks to empty property, but my parents could have completed just after probate was granted.

Better_Days

A few things to consider which were raised on this thread
https://forums.moneysavingexpert.com/discussion/4534013

CLAPTON

From the time of death, probate can take anything from 3/4 months to years depending upon the complexity of the situation.

Poddington

ok great, well ive just had the offer accepted and they have agreed to put a sold STC online and outside the property.

Think they have applied for the probate today and it is just the previous owners daughter as the beneficiary.

Fingers crossed

Hermia

CLAPTON wrote: »

From the time of death, probate can take anything from 3/4 months to years depending upon the complexity of the situation.

Probate took a month when I did it last year so fingers crossed for the OP.

Dan-Dan

we obtained probate in 5 weeks, very straightforward though for us , as just the house in the estate

I_have_spoken

it is just the previous owners daughter as the beneficiary.

That should help, as you avoid sibblings falling-out over the sale price and dividing up the proceeds.

Hillbilly1

Getting a grant of probate takes about 6 weeks from when they apply.

The thing that could hold it up are if they are missing paperwork - but you need to have pretty much all of it before you apply.

As others have said the complications are family (like most things in life!). If there is only 1 beneficiary then it should be much easier.

You can still proceed with the sale, as you only need the probate cert for exchange and completion.