Property Classifieds UK

Buying a probate property can often be the answer to getting the home of your dreams for a great deal. Generally, probate properties offer better value for money but the drawback is that they usually require  updating, if not more comprehensive refurbishment, and the legal process can take longer to complete.   Probate properties aren’t always available for sale on the open market.   Indeed, they are often quietly available through agents and some may not be officially for sale until the executors have secured the authority to sell the property.  That said, there are online companies and local estate agents that handle probate properties for sale.  Whether you can buy a probate property during the probate process or before, is down to the circumstances of the deceased’s estate, and the beneficiaries. What is a probate property? Firstly, let’s just clarify exactly what a probate property is.  It is a property formerly owned by a deceased person and is part of their estate.  The executor

When someone sadly dies and they don’t leave a will, any property they owned becomes part of the estate and has to go through a process called probate. Once this process is completed, the property becomes available on the market. Probate properties for sale aren’t always on the open market, but there are online companies and local estate agents that handle probate properties for sale. What is a probate property? Probate is the legal term for the process any deceased person’s estate has to go through, particularly if there wasn’t a will left that details what to do with that person’s estate. When legal representatives talk about probate property, they are usually referring to the deceased person’s entire estate, not just the physical bricks and mortar that might have been owned by the deceased. When it comes to  selling a probate property , in most cases a Grant of Probate needs to be held by those handling the deceased’s estate, be it the widow/widower or the will’s executor, as this g

When Rightmove predicted in December 2020 that property prices would rise by 4% in the next 12 months, it was one of the boosts the UK property market needed, and it got it.  Not only did homeowners finally decide to leave lockdown behind and move home, property investors sat up and took notice, too.  But what are the best ways to invest in the property market in the UK and which are the most profitable? Types of property investment There are several different ways to invest in the property market in the UK , and there’s also the option to invest in commercial property.  The best and most profitable options are: Buy-to-let property; Property development; Buying a new build off-plan to sell on; and Real-Estate Investment Trusts (REITs).