Because leasehold already involves extra administration, and probate adds another layer. Management packs, service charge information, insurance documents, notices, restrictions and replies from managing agents can all…
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Because leasehold already involves extra administration, and probate adds another layer. Management packs, service charge information, insurance documents, notices, restrictions and replies from managing agents can all take time.
A leasehold probate sale is often slowed less by the buyers than by the paperwork behind the scenes. The earlier that is recognised, the better.
Related reading
- How to sell a probate property: a clear step-by-step guide for executors and familiesHow to sell a probate property: a clear step-by-step guide for executors and families/probate-guides/how-to-sell-a-probate-property/
- Leasehold probate sales: why flats are often slower, and how to avoid unnecessary delayLeasehold probate sales: why flats are often slower, and how to avoid unnecessary delay/probate-guides/leasehold-probate-sales/
- What if the property is leasehold?What if the property is leasehold?/knowledge-hub/what-if-the-probate-property-is-leasehold/
- What if there are service charge arrears or planned major works?What if there are service charge arrears or planned major works?/knowledge-hub/service-charge-arrears-and-major-works-in-probate/
- What if the property is tenanted?What if the property is tenanted?/knowledge-hub/selling-a-tenanted-probate-property/
- What Building Safety Act documents might we need to sell a probate flat?What Building Safety Act documents might we need to sell a probate flat?/knowledge-hub/building-safety-act-documents-for-a-probate-flat/
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