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Probate transferring property

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krysiatennis
krysiatennis Posts: 11 Forumite
Part of the Furniture First Post Combo Breaker
edited 15 April 2021 at 5:10PM in Deaths, funerals & probate
Hello
my father passed away recently and has left his three children equal shares in his property. 
It is low value ie below IHT threshold. 
I am executor. My siblings don’t want the property but I would like to live in it as sole main residence and buy them out. 
They are happy to do this.  Do we need to do deed of variation on will?
How do we go about transferring property to my name? We are happy with valuations received and have chosen mid value. 
thank you. 

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