We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Appoint solicitor before probate has been granted?

I am in the process of buying a buy to let.  I have just had an offer accepted on a 2 bed semi in Walton-le-Dale just south of Preston for £120,000. The previous owner passed away and it comes with a marvelous flower carpet from the 1970s, mustard painted ceiling in the bathroom and a wonderful gas fire with a baxi bermuda boiler. 
The property was only marketed this week and the son is in the process of applying for probate.  The estate agent said "applying for probate could take a couple of months".  I did not want to pry my eyes in too much and come across as being cynical with their recent bereavement but from what I can gather with the estate agent the son seems to be struggling to find any will so if a will cannot be found I am wondering if this could lead to delays with the sale?
I have sufficient funds for any work that needs carrying out but if there is a delay then there is no harm as it allows me to save a bit more.  Also with it being buy to let I am in no rush anyway.
From what I have read the law says the son can advertise the property before he is executor but not actually sell the property until probate has been granted.  Is it worth me at this stage appointing a conveyancer or should I wait a couple of months until probate has been granted???


Comments

  • user1977
    user1977 Posts: 19,390 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    You can appoint a conveyancer but ask them not to do any work until probate is through. At least gets you through the initial admin of opening their file etc so you're then ready to go. 
  • p00hsticks
    p00hsticks Posts: 14,938 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bigbobby said:
    I am in the process of buying a buy to let.  I have just had an offer accepted on a 2 bed semi in Walton-le-Dale just south of Preston for £120,000. The previous owner passed away and it comes with a marvelous flower carpet from the 1970s, mustard painted ceiling in the bathroom and a wonderful gas fire with a baxi bermuda boiler. 
    The property was only marketed this week and the son is in the process of applying for probate.  The estate agent said "applying for probate could take a couple of months".  I did not want to pry my eyes in too much and come across as being cynical with their recent bereavement but from what I can gather with the estate agent the son seems to be struggling to find any will so if a will cannot be found I am wondering if this could lead to delays with the sale?
    I have sufficient funds for any work that needs carrying out but if there is a delay then there is no harm as it allows me to save a bit more.  Also with it being buy to let I am in no rush anyway.
    From what I have read the law says the son can advertise the property before he is executor but not actually sell the property until probate has been granted.  Is it worth me at this stage appointing a conveyancer or should I wait a couple of months until probate has been granted???


    In this situation I wouldn't be rushing to do anything. It's not clear if the son is confident that there IS a will (perhaps he has a copy) but cannot track down the original,  or if they aren't sure one way or another. If the former then he's going to need to find the original to be able to apply for probate (you have to send it to the probate office as part of the process). If the latter, then he can't even be confident that he's the named executor and in a position to be able to market and sell the property at all.
    In your shoes, I wouldn't be holding your breath....
  • canaldumidi
    canaldumidi Posts: 3,511 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 17 October 2021 at 1:37PM
    By all means get quotes and appoint a solicitor, but instruct them not to start work. Do not spend a penny (sorry mods, hope that doesn't offend) on anything till probate is granted. That might be a couple of months, or a year. Don't expect realistic advice or information from the EA - they won't know, but will put a good spin on things to keep you interested.
    Your description of the property (which is irrelevant to your query) suggests you have assessed the property, but have you assessed your business plan.....?
  • Annisele
    Annisele Posts: 4,835 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Definitely don't spend any money on it yet - even if the son is the executor, he might not be able to sell it (to you or to anybody else). For all you know right now, there is a will and it leaves the property to Joe Bloggs. If Joe Bloggs then doesn't want to sell, you're not buying.
  • FreeBear
    FreeBear Posts: 18,306 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    .... And if the property hasn't been registered at the Land Registry and the deeds can not be found, that adds another layer of complexity & delay to the process. Don't get your hopes up for a quick sale.
    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 October 2021 at 4:53PM
    Appears to be no rush to do anything. No harm in appointing a solicitor. Just don't get them to start incurring chargeable time yet. 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.