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Probate - Interest Incurred on outstanding mortgage

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Comments

  • pjs493
    pjs493 Posts: 576 Forumite
    500 Posts First Anniversary Name Dropper
    I was just looking over the govt website pages relating to administering an estate between death and the Grant of Probate and it appears there was nothing stopping you from selling the property during the administration period. Is there a reason why you choose not to do this and not to make any payments on the mortgage either?


  • Keep_pedalling
    Keep_pedalling Posts: 21,064 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    pjs493 said:
    I was just looking over the govt website pages relating to administering an estate between death and the Grant of Probate and it appears there was nothing stopping you from selling the property during the administration period. Is there a reason why you choose not to do this and not to make any payments on the mortgage either?

    R
    There is nothing stopping you marketing a property while waiting for probate but you can’t actually sell it until you have obtained it.
  • pjs493
    pjs493 Posts: 576 Forumite
    500 Posts First Anniversary Name Dropper
    pjs493 said:
    I was just looking over the govt website pages relating to administering an estate between death and the Grant of Probate and it appears there was nothing stopping you from selling the property during the administration period. Is there a reason why you choose not to do this and not to make any payments on the mortgage either?

    R
    There is nothing stopping you marketing a property while waiting for probate but you can’t actually sell it until you have obtained it.

    Thanks for the clarification.
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