Property price & survey

Lilio8

Hello.

I'm new to selling a property (or buying one for that matter).  While waiting for grant of probate, I'd like to do some research about the property that I'll be selling and prepare the property to be put on the market. Unfortunately my late partner didn't have the time to go through various details with me as he became poorly quite rapidly He told me that insulation could be an issue since the windows don't have double glazing. The house needs a good clean and other than that there aren't leaks, broken pipes/structures that I know of.

What are reliable property price comparisons websites?

Are there surveyors that don't charge an arm & a leg? What's the price range for a surveyor who will provide a report?

Where could I do some research?

The property is a freehold, initially bought as a leasehold.

p00hsticks

If it's a probate property, the general advice is not to do much before putting on the market, as if it sells for more than the price that's been declared on the probate forms the estate could end up with a Capital Gains Tax liability. 

Obviously make sure it's clean and get any urgent problems like overflowing guttering that might develop fixed, but other than that, assuming it's mortgageable (serviceable kitchen, toilet & bathroom, standard construction) then just put it on the market as is, as a 'doer-upper' if necessary. 

You don't need a survey done - any potential buyers will get one. 
When you are read y to market it, get several estate agents round and they will be able to both give you valuations (usually of the form ' we'll put it on the market for 'high price to get you to sign with us' and expect it to go for 'lower price that will get us a reasonably quick sale' ) and let you know if there is anything that would be seriously offputting to buyers that could be easily corrected. 

{Edit} is this the same property that you've posted about over on the Death Funerals and probate' board that potentially one of the beneficiaries wants to buy ? If so I posted on that thread with regard to valuing the property. } 

FreeBear

p00hsticks said: You don't need a survey done - any potential buyers will get one.

Unless you are in Scotland where the rules are a little different.

Lilio8

p00hsticks said:

If it's a probate property, the general advice is not to do much before putting on the market, as if it sells for more than the price that's been declared on the probate forms the estate could end up with a Capital Gains Tax liability. 

Obviously make sure it's clean and get any urgent problems like overflowing guttering that might develop fixed, but other than that, assuming it's mortgageable (serviceable kitchen, toilet & bathroom, standard construction) then just put it on the market as is, as a 'doer-upper' if necessary. 

You don't need a survey done - any potential buyers will get one. 
When you are read y to market it, get several estate agents round and they will be able to both give you valuations (usually of the form ' we'll put it on the market for 'high price to get you to sign with us' and expect it to go for 'lower price that will get us a reasonably quick sale' ) and let you know if there is anything that would be seriously offputting to buyers that could be easily corrected. 

{Edit} is this the same property that you've posted about over on the Death Funerals and probate' board that potentially one of the beneficiaries wants to buy ? If so I posted on that thread with regard to valuing the property. } 

Thank you for your reply.

Yes, it is. I'll go and check your other post.

Keep_pedalling

If the estate is well clear of IHT territory it would be safer to estimate it on the high side to reduce the risk of a CGT liability. If you are the sole beneficiary of the hose and it also happens to be your home you can ignore this ate it will be exempt from CGT.

theartfullodger

Get three local estate agents round, explaining why. 

They'll tell you what they suggest as price to put it on at & if anything is worth doing to it (other than clean & tidy up)

I've sold 3.5 houses in past few years.  One, late brothers (selling with sister hence 0.5 house) hardly touched since 1971 when he bought: They all said other than six/service heating don't both (!).

If price goes up between death & sale you may end up liable for some CGT  (we did..)