Dealing with probate property isn’t something most of us expect to face often. But if you’ve recently inherited a home in East Yorkshire, you might be wondering what probate means, how it affects you, and what your options are.
At Reezee, we help families and executors navigate probate sales on the daily. Here’s a simple guide to everything you need to know about probate property East Yorkshire.
What is probate property?
Probate is the legal process that confirms someone’s will (or settles their estate if there isn’t one). If they owned a property, it can’t usually be sold until probate has been granted. That’s why you’ll often hear houses described as “probate properties.”
In practical terms, it means the executor or next of kin has the legal authority to deal with the house, whether that’s keeping it, renting it out, or selling it.
How long does probate take?
The timeline varies, but in East Yorkshire, most grants of probate take around 3–6 months. More complex estates can take longer. It’s worth noting that while you can put the property on the market before probate is granted, the sale can’t legally be completed until the paperwork is through.
If you’re in a hurry, options like selling to a cash buyer or auction can help you line everything up so completion happens as soon as probate is cleared.
What are your options for a probate property?
Once probate is granted, you essentially have three choices:
- Keep it: Some families decide to keep the property, either as a second home or as a rental.
- Sell it: If the estate needs to be divided or you’d prefer not to manage another property, selling is often the simplest route.
- Rent it out: A good option if you want to generate income but aren’t ready to sell.
What should you budget for?
Selling a probate property comes with similar costs to selling any other house:
- Estate agent fees: Typically 0.75%–3% of the sale price plus VAT
- Solicitor fees
- Clearance costs: Many probate homes need clearing, which can cost a few hundred pounds depending on the contents.
- Repairs or updates: Buyers often expect probate homes to need some TLC. A quick freshen-up can help you achieve a stronger price.
What if you don’t want the hassle?
Sorting a probate property can be emotional as well as practical. If you’d rather avoid repairs, clearances, or waiting around for a buyer, alternatives like quick sale companies or auctions might be a better fit.
At Reezee, we specialise in helping East Yorkshire sellers who want a faster, simpler process. Our no-fee approach means you don’t pay estate agent fees; instead, we charge the buyer a small non-refundable fee to secure the sale. That means less stress, more certainty, and a guaranteed buyer from the outset.
Final thoughts
Probate property in East Yorkshire doesn’t need to be overwhelming. Whether you decide to sell, rent, or hold onto the home, the key is understanding your options and choosing the route that best fits your circumstances.
If you’d like straightforward advice and a no-obligation valuation, get in touch with the Reezee team today. We’ll help you find the right solution without the stress.