Selling a high value house quickly

AdrianC

maisie1234 wrote: »

having said that it is rare that you need a bit of papers these days.

Assuming you know what and where everything is, and assuming everything has been kept up to date since the days when you did need papers.


Oh, and - cash/jewellery etc...

Trust me on this, I've been there.

It’s such a shame with all that money he is living in his current conditions. Help to clear the house was offered and declined but it’s got beyond that now.

Dementia. People don't think clearly...

maisie1234

Thank you Adrian. He isn’t the sort of person to have cash around the house bar a few £100. I went into his bank with him and they know him anyway. They will give him money and if he asks for too much they will call me. I don’t think he will. As long as he has cash to buy lunch and a bit of shopping that is enough for him. All other bills are via direct debit.

The reason he has so much money tbh was that he wasn’t comfortable spending any!

I on the other hand will not be leaving any inheritance! My husband and I will enjoy our hard earned earnings.. I am coming up to 60 anyway. I have worked for nearly 40 years and I am almost done.

maisie1234

The dementia is clearly at play here but if I am honest. He has always lived in very messy conditions. Couldn’t be bothered etc, much easier to just fill up a room with rubbish and shut the door.

I am shocked by all of this but I am also surprised that others aren’t. I sent a few pictures to the clearance company and they said they had seen it all before. We are going to have him out of the house whilst it is being cleared but I am thinking 20 skips if not more

silvercar

I don't see quantumlobster quoting the source does anything other than help the spammer!

Both posts now removed.

quantumlobster

I highly doubt the source and the spammer are associated; this kind of posting is a method of establishing an account as legitimate, before the actual spamming begins.

Sneaky wossnames, those spammers.

Thanks for actioning.

martin1959

If he is going into a care home, the property will not attract council tax whilst he is paying for residential care. After he dies, the council tax will become payable.

CIS

Selling it quickly also reduces the costs of council tax, insurance etc which will be quite high on an empty house that expensive, and avoid the risk of burglary / squatters etc

Where the resident owner has gone in to care (and the property is empty) a Class E council tax exemption will usually apply.

maisie1234

Hi All, went again to the house but there is floor to ceiling rubbish. Old sofas, letters and newspapers going back 50 years. Despite 3 trips to the tip it didn’t make a dent. It’s a 5 bed 3 bath house and in appaling condition but structurally looks sound. Boiler isn’t working properly, new bathrooms, kitchen, need I go on. Imagine those programmes about hoarders and you will have some idea.

Any ideas on cost to clear? I have the financial papers etc. It’s really not possible to go through it all paper by paper. It a health hazard. The road itself is lovely with an outstanding school at the end of it.

Bossypants

maisie1234 wrote: »

Any ideas on cost to clear? I have the financial papers etc. It’s really not possible to go through it all paper by paper. It a health hazard. The road itself is lovely with an outstanding school at the end of it.

Is there anything worth salvaging in all of that? Things like decent furniture, white goods, anything like that? Even if it's cosmetically damaged, some house clearance people will take items they will be able to resell into account.

Apart from that, there's really nothing for it but to call in a few local numbers and get some quotes, I'm afraid.

theGrinch

The next round of auctions are February 2019. Ideally, you want to contact a few in the New Year.

Each will make an assessment and advise the guide price. This is likely to be significantly lower than the MV. At first, it will be off putting but if you want to get into the auction you may need to accept it.

In the end go with one of the stronger auction places as they will get your property in front of more people and it will find its own price. A smaller auction house may charge less but it may be a false economy.

Typically, they will charge an auction entry fee up to £1k plus 1.5-2.5% + VAT. They will come and do some photos etc.

You will also need to instruct a solicitor to prep a legal pack and that could cost another £1k or so.

Its surprising (or not) but there are people with £1m plus in cash including end users going by the auctions I attended recently.

Lets say you sell in mid Feb, then you will complete towards the end of March with a smaller chance of falling through than via an EA.

If it doesn't sell, then you can re-enter or try an EA plus time.