property

Probate property valuation – a proven cost-effective compliant service

The team at Property Ladder Group are adept at providing cost effective, compliant probate property valuations. We understand the requirement to provide HMRC-compliant probate valuation reports that cover Section 160 Inheritance Tax Act 1984 and Taxation of Chargeable Gains Act 1992.

The process of valuing an estate for inheritance tax purposes and selling a house, can be a time-consuming process. Our staff will initially arrange valuation appointments at a time and date convenient for access. We utilise the services of three local estate agents who will attend the deceased’s property. They provide opinion on presentation, photos to evidence condition of the house, their opinion on pricing, and an overview of local market conditions. Our service is offered throughout the UK and our mission is to understand regional and national property trends. We factor all data to establish an accurate, HMRC-compliant valuation appraisal which must withstand the scrutiny of executor, beneficiary and Tax Office.

The design and layout of a PLG property valuation report has been created with the purpose of managing a beginner’s expectation to understand the context, so it is illustrated and conveyed in an easy-to-read format, though not undervaluing the significance of compliance. We understand that this can be a stressful time, and in comparison to a complex and costly RICS report – which can often provide lengthy and difficult to read – our report delivers a succinct and accurate opinion, giving greater confidence and understanding.

The cost of our reports is £150 + VAT. They are delivered in a clear format and a timely manner. We offer a full aftercare support service, which includes representation against disputes.

Our expert and compassionate team will take time to run through the report, which can be posted or emailed to executors, beneficiaries and legal representatives. Our staff understand that this may be an unfamiliar process at what can be a difficult and stressful time and are on hand to answer any questions or queries throughout the whole process.

PLG are a one-stop shop for all probate property matters. Our services include arranging vacant property insurance and overseeing security issues, such as changing locks. PLG will be pleased to manage the onward marketing of the property. Our friendly team manage the whole process, from initial marketing, collecting agent viewing feedback, negotiating offers, and full sale progression service through to completion.

Our aim is to ultimately provide a compliant and accurate valuation and achieve a sale in a cost effective and timely manner. PLG work in harmony with solicitors and attorneys who understand the importance of receiving a reliable and cost-effective service. To find out more, give us a call today on 0330 124 7434

This article was submitted to be published by the Property Ladder Group as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

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