Selling an inherited property at auction

No Sale No Fee

The UK's first dedicated probate auctioneer

As probate specialists, Connect UK Auctions is dedicated to selling Probate Properties for Personal Representatives, Families and Beneficiaries.

DID YOU KNOW?

If you require funds fast to pay any inheritance tax within the 6 month timeframe, selling at auction can get you money in the bank in as little as 28 days!

Why us

We take care of everything

The only UK auctioneer to offer a comprehensive, all round specialist probate property selling service.

Sell and complete in as little as 28 days

Exchange on the day of auction with the funds in your bank in as little as 28 days.

Achieve maximum price

With competitive bidding, probate properties always achieve more at auction.

No fall throughs

Once exchanged, its legally binding so there's no chance of fall throughs. Sell with confidence.

Complete
transparency

From start to finish, you'll have complete transparency. No fluff, just facts.

Probate Guide

Steps to selling an inherited property

1) Obtain a grant of probate

Before you can sell the property, you need to have the legal right to do so. This means obtaining a Grant of Probate (if there’s a will) or Letters of Administration (if there’s no will). This legal document gives you the authority to deal with the deceased person’s
estate.

If you are applying for a grant of probate yourself, you can do so via the gov.uk website here.

If you wish to do this via a solicitor instead and are yet to appoint one, we can recommend specialist probate solicitors to help you with this process.

2) Value the property

Get a professional valuation. Have the property valued by our experienced valuation team to establish a realistic market value. Request your free, no-obligation valuation.

Consider multiple valuations. It may be beneficial to get several valuations to ensure accuracy.

3) Clear the property

Remove personal belongings and clean the property. Consider making minor repairs to improve the property’s appeal, but avoid significant renovations. These services are included in our probate package, to help make the process as stress and hassle-free as possible for you and your family.

4) Legal preparations

Instruct a solicitor to prepare the legal pack, which includes the title deeds, local authority searches, property information form, fixtures and fittings form, and any relevant leases.

If you do not have a solicitor at this stage, we can recommend auction specialist solicitors for this process. Click here to be appointed a solicitor that’s suitable.

5) Set your reserve price

Agree on and set your reserve price, the minimum price you are willing to accept. This is confidential and known only to you and the auctioneer managing your property.

6) Marketing the property

Your property will be listed in our auction catalogue, which is distributed to our mailing list of 86,000 investors and motivated potential buyers.

Connect UK Auctions will handle all advertising for your property and it will be advertised on all the major portals and social media platforms to maximise exposure.

We will arrange for photographs as well as a virtual tour to be taken of your property. Connect UK Auctions will arrange and conduct all viewings, and will deal with all the enquiries as they come through. We will update and communicate with you throughout the entire process.

7) Auction day

You will be able to stream the auction live on our website, through our live auction channel Connect Realtime®, and be able to watch the bidding as the auction unfolds. Our live auctions are streamed to thousands worldwide and can be accessed using any device.

If the reserve price is met, the property will be sold to the highest bidder.

8) Exchange and completion

Exchange takes place upon the fall of the gavel and we will request the deposit from the buyer which is accounted to your solicitor. The deposit is set at 5% of the purchase price and subject to a minimum of £5,000.

Completion typically occurs 28 days after exchange, unless agreed otherwise, at which point the remaining balance is paid, and ownership is transferred.