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Sell An Inherited House in Newcastle
If a family member or relative has recently passed away, you may be able to apply for probate to acquire the rights to their property. In Newcastle, you can register your probate claim at the Newcastle District Probate Registry or contact them via email for more information.
The Newcastle District Probate Registry covers all areas of Newcastle. You can contact us anytime to assist with selling a property during your probate journey, and just like all of our properties, we guarantee to offer you a cash price within seven days of receiving your query.
Our team are experts in all areas of property, probate and what to do if you’ve inherited a property and wish to sell. Book a free valuation with us today so we can assist in selling a house once your probate application has been approved.
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What Is Probate?
Probate is organising someone’s estate which normally includes their possessions such as property and finances once they have passed away. It is advised not to conduct any activity unless legally granted probate, including enquiring about a house sale.
It’s important to note that Inheritance can only be delivered once the process of probate has been completed.
What Is The Process Of Probate In Newcastle?
The process can take up to 16 weeks from the submission date. You can track the progress of the application via the government website once you’ve submitted all the required information.
Once the process is completed, you can come to Sold.co.uk to help get your property sold fast, for cash or on the market.
First of all, you must register the death of the family member or individual, inform the government and check if you’re able to access bereavement benefits.
The next steps of the probate process in Newcastle include valuing the house of the deceased and who the beneficiaries are, and ensuring all benefits, pensions and taxes are paid for.
Applying for probate can be a lengthy process but once it’s complete you can decide whether to sell or keep the property. If you choose to sell the property, this is where we can help at Sold.co.uk.
The documents needed for the process of probate will often require you to provide the following documents to proceed with the probate application.
- A will
- A birth certificate
- A death certificate
- Any alterations to the will
- A marriage or partnership certificate
It’s your decision whether or not to use the help of a solicitor or legal firm with the probate process in Newcastle.
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Can You Sell A House Before Probate?
Sadly, no. To sell a house before probate is very unlikely and the only way to sell a property is to apply for probate and complete the process at Newcastle District Probate Registry. The good news is that you don’t need to acquire legal assistance, however, it is recommended that you consider consulting before choosing to sell a property. If you decide to use a solicitor they will look at everything needed to ensure the process runs smoothly and is completed within a certain amount of time for you to sell a property.
Once probate has been granted you can apply straight away, contact us anytime to sell your property and within seven days we will provide you with a cash offer.
Why Does Probate Take a Long Time?
Probate can take between 9 and 12 months, sometimes earlier within a 16-week time frame, depending on the situation. However, the process takes time because it isn’t a one-step process, there is a checklist to go through and documents you need to produce to be granted probate which is why it can take a longer duration than what it would if you were to put your property up for sale without any other circumstances.
Completing applications, sending supporting documents and ensuring all taxes and debts have been cleared from the deceased individual’s estate is what makes the probate process take a long time.
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Frequently Asked Questions About Selling A House in Probate in Newcastle
What is probate and when is it required?
Probate is having the right to deal with another person’s property and possessions when they pass away. Usually, these rights are left in the form of a will, those people named in the will can apply for probate. If there isn’t a will then the closest living relative can apply.
In certain circumstances, applying for probate isn’t necessary. Consider if the deceased had savings only, combined shares with other individuals, or owned land or property as a joint tenant with others. In both the last two cases mentioned, the property of the deceased would pass to those involved.
How long does probate take in Newcastle?
The length of time it takes to approve probate in Newcastle can be as little as 16 weeks, however depending on certain circumstances it can take longer and even up to 12 months. Probate regards a deceased individual’s entire estate which is why it takes a long time to go through all the documents and forms to make sure the probate is granted.
How to apply for probate in Newcastle?
If you’re applying for probate in Newcastle you can either contact the Newcastle District Probate Registry via email or visit them in person for any queries. Visit the GOV.UK website here for more information and contact details.
One of the first things to do when applying for probate is to value the property of the deceased, which is usually between 1-5% of the property value.
You are also able to apply for probate online via the Government website or by post which can work out as a more affordable option if not using a legal practitioner.
What are the steps of selling in probate?
Firstly, you will need to be granted probate to sell the property of the deceased individual. We can help with the selling of your property and offer a chain-free process to ensure a house sale as well as providing an offer within seven days.
At Sold.co.uk, we sell various properties no matter what their condition. Our team of specialists are always on hand to answer any questions you may have about selling with probate in Newcastle.
Book a free valuation with us or fill in the form here so we can assist with selling your property.
Read More About Selling an Inherited House in Newcastle
With prices continually rising and high demand for properties in the area, estate agencies in the city of Newcastle are the local experts that can help see your next sale or purchase through to completion. Read on to find the best estate agency for you.
Conveyancing is one of the legal processes you must go through when buying or selling a house. It can be the stage of the transaction…
It is no surprise that more sellers than ever are choosing alternative routes to sale, such as selling privately, online estate agents, cash house buying companies and property auctions. Learn about the alternate options here.
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