When someone passes away, the focus is usually on the immediate practicalities such as the funeral arrangements. However, if they owned property, this needs to be dealt with as well. Buying and selling a property belonging to someone who has passed away isn’t much different from a normal conveyancing transaction, but there are still a few things that the parties need to be aware of and the process can take longer.
What If the deceased owed the property with someone else?
If you owned a property with your spouse or partner, and they pass away, what happens to their share of the land? Well
Bond Wolfe Auctions has won a competitive tender to be appointed as official auctioneer for Walsall Council.
The business, which is only just into its second year, has already been appointed by Birmingham City Council and is also offering lots surplus to requirements for West Midlands Police.
Chief executive Gurpreet Bassi said: “The good news continues, as we have also recently been shortlisted for five awards at TheBusinessDesk.com Masters Awards and The Signature Awards 2020.
“We are keeping our fingers crossed but we are obviously delighted at the recognition for such a young business.”
As one of Derbyshire’s most exclusive villages, it’s rare to find a property for less than half a million pounds in Quarndon – but now there’s an opportunity to buy a cottage there with a guide price of just £125,000+.
53 Church Road in Quarndon is to be sold by SDL Auctions Graham Penny in its first Derby auction of the year at Pride Park Stadium on Valentine’s Day and auctioneers are expecting bidders to fall in love with this charming double-fronted cottage.
Robert Stone, head of auctions East Midlands, said: “There’s sure to be a huge amount of interest in this property, not just for its
Forfeiting commercial leases - your rights as a landlord and a tenant.
If you are the landlord
Yes, that is correct. If you are the landlord of a commercial lease and your tenant has breached a covenant, you do not have the automatic right to re-enter the premises and take physical possession of them. However, a well drafted lease should include a re-entry provision, in which case you can take the property back.
A forfeiture or ‘a landlord’s right to re-entry’ provision in a lease allows you to bring the lease to an early end and remove from the premises a tenant who does not abide by the
Auction House is announcing its most successful year ever - selling more than 3,800 lots across the UK from its network of 40 regional sales rooms, and at an increased success rate of 77.3% (up from 74% in 2018).
The group – recently awarded gold as Residential Auction Service of the Year at The Negotiator Awards in London – raised a total of almost £440m (£439,705,281) in the process. This latest success means that the total number of properties sold under the Auction House brand in its 12-year history has just exceeded 30,000.
Commenting on the announcement, Auction House Founding Director
If you’re moving house, the first thing to do is finalise your moving date, and then you can start ticking things off your checklist. Use our guide below so you don’t forget anything:
Four weeks before you move house:
Book a removals company as soon as possible. This will guarantee you get the date and the company you want. Keep in mind that weekend moves are likely to be more expensive.
Check your home contents insurance policy to see what cover you have regarding moving home. Your removal company may provide this if you are not covered.
Arrange for parking of the removal van outside your
A seven bedroomed Victorian villa was one of the star lots at SDL Auctions Graham Penny’s final Leicester property auction of 2019 at the King Power Stadium.
38 Highfield Street in Highfields is an imposing three-storey refurbishment project full of potential and auctioneer Andrew Parker said he was not surprised when it sold for £311,000 from a guide price of £250,000+.
“The size of this property, the number of bedrooms and its location close to hospitals, university campuses and the city centre make it ideal for conversion to flats or a House in Multiple Occupation, subject to planning
Buying property in an auction tends to be better value than heading to the traditional private treaty market simply because it gives you a broad and unique range of properties to choose from. It also serves as a way to secure a guaranteed sale that can often be much quicker, avoiding potentially lengthy processes commonly involved in buying property. This straightforward and far more certain process is one that appeals to both buyers and sellers.
However, if you are going to auction as a first-time buyer, then you must ensure that you are clued-up about what to expect. Once that hammer falls
Classic unmodernised homes in the Woodseats and Hillsborough areas of Sheffield are in demand.
Exceptional levels of interest for the properties in the two districts came at the city's last major property auction of the decade held by Mark Jenkinson and Son, where 30 of the 36 lots sold for £2.75m.
This highly successful auction house also have just reported remarkable sales for the last couple of years – their busiest period since the property crash of 2007 – holding 16 auctions where 502 of the 586 lots sold for £61.65 million, a success rate of 86 per cent.
It was a packed saleroom for the final sale of 2019 for Auction House London (Wed 11 Dec 2019) with a number of lots selling well above their guide prices.
Just ahead of the General Election, bidders were clearly feeling buoyant with a renewed enthusiasm for buying property, with many lots attracting fierce competition. A 3 bed terrace in Guildford, Surrey needing total modernisation, started with a guide of £225,000 and sold for £320,000.
Director and Auctioneer at Auction House London, Andrew Binstock said, “There was a definite buzz to our December sale and the feel good factor from buyers
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
