A Probate property is a proeprty that has been left in a will and needs to be sold so the funds can be distributed by the executor to the beneficiaries.
Benefits
No chain :So they are usually completed very quickly
SDLT: on most occassions you have No Stamp Duty to pay so vendors are very keen on the savings
Motivated sellers : The Beneificiaries usually want the property sold fast so they can get thier inheritence which means they are usally slighly below Market value which gets a lot of interest
At letsBid proeprty we help estate agents get Probate instructions and generally help them build relationships withe executors across the Uk. Find out how our software works here.
