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Council Tax and deceased property
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Either sit on it with no undertaking, pursue the estate or write it off.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0
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londonman42 wrote: »What will they do in that case ?
Why don’t you ask them what they want?
If they want a written commitment from the executors or an undertaking form the conveyancing solicitor then doing that will get them off your back.
Experience from others may differ by LA.
My LA settled for an undertaking and charge forms in their possesion but never actually put the charge on, however I was cooperative and responsive and the sale went through. It may depend on a number of factors.
I personally doubt they’d write it off and they could insist on a charge if they thought it was necessary.0 -
You'd be surprised how often it does actually happen - councils tend to do very little validation of any actual/potential monies in an estate and tend to just take a parties word for it. I know of a good few cases where houses were being sold from the estate but the outstanding council tax monies were never pursued and were written off.I personally doubt they’d write it off and they could insist on a charge if they thought it was necessary.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
Rosieandjim wrote: »I am sorry but I have to agree with Pasturesnew. Take a look at this article
https://www.telegraph.co.uk/goodlife/11510002/Should-you-really-buy-a-retirement-property.html
There are many others that also advise against this type of purchase
I just read that article. Typical journalese to fill a few column inches. A very narrowly focussed and bigoted article.0 -
It is a very common mistake many make, they steam ahead getting the grant as quickly as possible then that triggers the CT 6 month clock
IN a lot of cases where there is a property and NO IHT you can just sit on the application for months.
Often just getting a property ready for sale after a death can take time especially when there are emotional attachments.
once you have the property ready to sell and actively marketed you can try to time the grant application with a potential sale once the level of interest ascertained.0 -
londonman42 wrote: »No the price is right. None of the other similar properties have sold either. Are you saying that they are all incorrectly priced ?
I think that will become more obvious as time passes. If there are a number on the market knock 5-10% off the price.
If you are of the mindset that Brexit is at fault then things are only going to get worse.
From my old trading days the first cut is the cheapest!0 -
londonman42 wrote: »No the price is right. None of the other similar properties have sold either. Are you saying that they are all incorrectly priced ? Of course not. It's the market. Simple as that. Of course we could ask £5 for it.
Anyway we are digressing. I didn't come here for a lecture in house selling !
That's another common error thinking the market price is that of the asking price of similar properties that have also not sold.
You need to look at the sold prices.
these sorts of properties are driven by peoples needs that won't have changed much.
Round our way this particular sector is flooded by new builds.0 -
getmore4less wrote: »It is a very common mistake many make, they steam ahead getting the grant as quickly as possible then that triggers the CT 6 month clock
IN a lot of cases where there is a property and NO IHT you can just sit on the application for months.
Often just getting a property ready for sale after a death can take time especially when there are emotional attachments.
once you have the property ready to sell and actively marketed you can try to time the grant application with a potential sale once the level of interest ascertained.
That has to be one of the best posts in this thread. Commonsense at last. :beer:0 -
Council tax debt is I think the only debt you can go to jail for. Take this seriously!
A property is worth what someone is prepared & able to pay for it, not what the vendor vehemently believes it's worth
Artful:. Currently selling....0
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