Selling Inherited Property
It’s never easy when we lose someone close to us, and giving ourselves time to grieve is important. Selling inherited property can make the grieving process much harder, especially if the passing was unexpected.
If you inherit property, you may find that you want to move out of your main residence and into the new home you have inherited. Or, you may want to sell your inherited home and continue living in your current residence. However, this can be extremely difficult – particularly if you’re still grieving.
Fortunately, We Buy Any House are here to help during this upsetting time. Whether you just need some advice or you’d like to undertake a quick house sale, you can trust us to treat you with respect and dignity through the entire process.
If you’ve inherited property and you feel that you’re ready to sell your home, please contact our friendly team and we’ll help you as much as we can.
Frequently asked questions on Inheriting Property
Inheriting a house can be overwhelming after dealing with the loss of a loved one. Our property specialists have answered the important questions to help make selling inherited property easier.
Download Inheritance Guide
Who are We Buy Any House?
At We Buy Any House, we’re a property buying company specialising in the quick house sales industry. In essence, we purchase homes from people that need to sell their property quickly, and we’re able to buy your property in as little as three days.
The property market can be extremely volatile, with many sales falling through before completion. However, when you decide to sell your home to us, completion is guaranteed, ensuring you’ll be able to move on with your life in no time.
Instead of going through a stressful and lengthy sales process, you’ll get a cash offer within fifthteen minutes of contacting us (within working hours). We’ll also handle most of the paperwork and legal fees, making the process as easy as possible.
If you’d like to find out more, please get in touch on 0800 652 8612
Contact usHow does the quick house sales process work?
If you’re selling inherited property and you’d like a quick house sale, you’ll likely want to understand how the process works before making a commitment. It’s important to keep yourself as informed as possible, so you can ensure you’re making the right decision for your circumstances.
Whilst every situation is different, the quick house sales process when you’ve inherited a property usually follows these steps:
Steps on our quick sale process for selling inherited property
1. First, you need to ensure you want to sell your property. When you’ve inherited a new home, you’ll need to decide whether you want to sell your main residence or the home you’ve inherited. There may also be other legal implications such as inheritance tax to work through, so it’s crucial that you conduct thorough research before making a commitment.
2. Once you’ve made your decision, you can make an official enquiry by calling our expert team on 0800 652 8612, or by clicking the ‘Make me an offer’ button. Within working hours, our helpful team will contact you within five minutes of your initial enquiry. It’s best to give us as much information as possible, so we can provide an accurate offer.
3. When we contact you, our team will ask you a series of questions relating to your home and the area in which you live. An offer will then be provided depending on factors such as the current property market and your property’s worth.
4. After the offer has been made, you’ll need to decide whether you want to go ahead. If you feel you need more time to think about your decision, we will be happy to contact you again at a later date.
5. Once your offer has been accepted, we’ll carry out an in-depth assessment into your home, including the area you live in, the details of your property and the current property market. After conducting this research, we will be able to provide a fair, final offer for your home.
6. If you’d like to accept our final offer, we will start the quick house sales process. We’ll handle the legal fees and the majority of the paperwork, but there will be some documentation you need to complete to guarantee the sale.
7. Finally, we’ll take ownership of your home and transfer the funds to you, enabling you to move on quickly after inheriting your new property.
More information about the quick house sales process can be found on our ‘How It Works’ page.
Once we’ve purchased your property, we’ll source prospective buyers for your home. However, this is not something you need to worry about, as your sale will be completed before this stage.
As a trusted and honest quick house sales company, we’re always happy to answer any questions you have about the sales process – please contact us here to find out more.
What are the advantages of a quick house sale when selling inherited property?
If you’re due to inherit property, you may want to sell your main residence so you can move into your new home.
However, selling your home is one of the most stressful experiences that an individual can go through – particularly if you’ve recently lost a close family member or friend. When selling inheritance property through a conventional estate agent, the sales process can take months (or in some cases years), with lots of documentation and legal paperwork to work through.
However, when you use We Buy Any House to sell an inherited house, the service provided is as hassle-free as possible. We’ll handle all the paperwork and legal aspects of the sale, ensuring you can focus on more pressing matters. There’s no need to worry about finding a prospective buyer for your existing home, as this aspect is something that our expert team will arrange for you.
If you’re tied into an existing mortgage, you may be concerned about the hassle of cancelling it. The good news is that as a reputable property buying company, we can help you regardless of your situation – even if you have an existing mortgage.
Some people also find that they want to sell the home they’ve inherited, staying in their main residence instead. This is another situation we can help with. Selling an inherited home can also help you to free up funds that may need to be paid if you are subject to inheritance tax.
If you’d like to find out more about the quick house sale process, please get in touch with our helpful team here.
Contact us
We Buy Any House help you move on with your life
It’s never easy when you lose a close family member or friend, and we understand that the grieving process can be hard. The process of selling inherited property can make the situation even harder, which is where webuyanyhouse.co.uk comes in.
As a trusted business within the quick house sales industry, we’ve helped thousands of people with their property sales, enabling them to move on with their lives in a matter of days. We understand how hard the grieving process can be, and we promise to always treat you with honesty and respect, no matter your situation.
When you work with We Buy Any House, there are no estate agents, third parties or lengthy property viewings to deal with, ensuring you can move on with your life as quickly as possible. Our fast service means that we can make you an offer in as little as fifthteen minutes (during working hours), and we’ll also handle the legal aspects of the sale, ensuring that completion can happen within a timescale that suits you.
Whether you need to sell your existing home to move into a property you’ve inherited, or you’d like to sell your inherited house, we will be able to help you.
Please make an enquiry and we’ll make you an offer today.
Make an enquiryFrequently asked questions on selling inherited property
Inheriting a new home can be overwhelming, particularly when you’re dealing with the loss of a loved one. To make the process as easy as possible, our property specialists have answered the most important questions you may have here.
We also have a dedicated FAQs page if you’d like to find out more, but if you still have unanswered questions, please contact us on 0800 652 8612 and we’ll help you as much as we can.
Yes, you can sell an inherited house to We Buy Any House.
Whilst some people prefer to sell their existing home and move into their inherited property, others choose to sell inherited property instead.
The answer to this question will depend largely on the situation itself. In most cases, inheritance tax is not applicable if the total cost of the inherited assets is below the £325,000 threshold. However, the estate’s value may still need to be reported, even if it falls below this amount.
If you are unsure, you can find inheritance tax calculators online to work out how much tax you may have to pay.
As well as paying inheritance tax, you may also need to complete several legal/administrative tasks before selling your inheritance property. This includes factors such as probate, will readings and clearing any outstanding debts and obligations.
However, we will help you as much as possible throughout the process.
Unlike the traditional property selling process, there is no need to repair or renovate your property when conducting a quick house sale. We will purchase your property in its current condition, so this is not something you need to worry about.
Yes we do – regardless of the condition of the property or the area it’s located in, so long as we can mutually agree on a price. We offer an initial no obligation offer when you first contact us, allowing you time to think about your decision before making a commitment.
Whilst you may have heard stories about illegitimate quick house sale companies, we can state for certain that we are a reputable business. We always act in an honest and trustworthy manner, keeping you informed throughout the entire sales process.
We pride ourselves on our service, offering fair and competitive offers that match the current market value of your property. Our team of experts are highly skilled in their field, having worked with thousands of clients since our inception. This gives us the knowledge to be able to provide you with an accurate offer, based on our professional perception of the market.
Please visit our Trustpilot page to see how our previous clients rate us.
Next Steps
You tell us about your home
Whatever your situation, we’re here to help. First step is to get in touch with us, we’re open 24/7. Simply complete our online form, give us a call or email enquiries@webuyanyhouse.co.uk to speak to one of our friendly team. It couldn’t be easier.
An offer in as little as 15 minutes
You and your house are unique, and so is your offer. Once we’ve spoken to you and you’ve given us some property information, one of our property specialists will come back to you with your offer in principle. This can be done in as little as 15 minutes. We use Hometrack in our valuation process, the same software that mortgage providers use, to ensure you get an accurate valuation.
Remember, our expert service is free to use, and you choose how you want to progress with your offer.
Property appraisal
If you agree to move forward, we’ll arrange for an independent appraisal so we can complete an assessment at your property and prepare a formal offer for you. All of our property valuers are RICS certified to ensure we provide the highest level of service.
Sell your inherited property
If you decide that you would like to proceed with our quick house sale, you choose the completion date that suits you. The whole process can be completed in around 7 days by our skilled sales progression team, or if you need longer then you can choose a more suitable time to completion.
If you’d like to get your offer for your property, click on the link below.
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