Getting a Valuation for Inheritance Tax

Danger_Mouse

Mickey666 said:

Can the estate benefit from a spouse's NRB?  

Hey, my uncle was never married or had a partner at time of death

getmore4less

With only £325k available unless you have some solid comparison examples I would get the house valued by a pro.

Some EA have qualified on their books  and will do a  report  free/cheap if the place is going to be sold some will charge whatever.

Mickey666

getmore4less said:

With only £325k available unless you have some solid comparison examples I would get the house valued by a pro.

Some EA have qualified on their books  and will do a  report  free/cheap if the place is going to be sold some will charge whatever.

If the house was being kept then I'd agree.  But if it is going to be sold asap then wouldn't a pro valuation be a waste of money (assuming they would charge), because it will only be an interim figure for probate and will be revisited again when the house is sold, whereupon there is no doubt about the value.