In the past five years, The Property Buying Company has had over 100,000 people come to us with inherited and probate properties. Of which, we have successfully bought over £22 million worth of property – at an average purchasing speed of 91 days (half the time as selling with an estate agent).
Some of the common feedback that comes from the executors that choose our service over any of our competitors, is that they are impressed by the professionalism and support we offer. Which can be seen in our 2,500+ excellent reviews on Trustpilot, and 93% positive customer satisfaction score.
Our “sell house fast” service, has been built up around helping people sell their properties quickly – no matter if they’re an executor needing to sell to pay off outstanding debt, a beneficiary wanting to release equity, or a trust who have decided that selling is the best course of action.
As the executor of an estate, you need to find a quick house sale solution in order to pay off outstanding debts within the estate, then you’re in the right place. Not only can we buy your property directly from you, for cash, but we can also do it as fast as 7 days.
Here is how our process works within the probate process:
As an executor or administrator of an estate, we’re sure that you’ve already come across a few hurdles in the process – we’re here to make sure you don’t get knocked down by anymore.
As one of the leading UK cash house buyers, we have had almost every situation thrown at us over the past 13 years, and we’ve always found a solution to get the sale over the line.
Here are some of the most common challenges our buyers faced before coming to us:
While we can’t speed up the 16 week wait for probate to be granted, we can work with you to make sure that the process is ‘smooth’ sailing thereafter.
Even if probate hasn’t been granted, we can organise the sale so it lines up with the day probate is granted, which can be helpful if you took out an executor loan to pay off the Inheritance Tax or outstanding debts.
Selling a probate property on the market, via an estate agent, just isn’t feasible for most. The average time to sell a normal property is 185 days - that’s without taking into account most probate properties are in poor condition, need clearance, or in desperate need of modernisation.
But, as a cash buyer - we don’t wait on the markets, and can buy whenever we want. We have our own purchasing power, aren’t reliant on external financing, and actually have a preference for probate & inherited properties. Which is why our average offer is slightly above our average offer, sitting at 81.77% of the market value.
Contentious probate is the largest ‘de-railer’ within the probate process, and can extend the timeline by a month, or in some cases, years. One of the issues that we’ve found dealing with probate cases, is that properties are often the topic of debate.
The good news is that we work with panels of solicitors across the UK, to act as mediators if disputes arise between parties during the property sale process. We will always do our best to come to a solution which benefits all parties involved, all while trying to meet your exchange and completion deadlines.
Most probate properties that need to be sold, will have some issues with them – simply because the previous owner didn’t have the time or energy to look after the property in their final days.
Which is why, a lot of the properties that come our way are often seen as ‘problem properties’, having damp issues, needing clearance, having structural problems or even have tenants within them.
And we can deal with all of that – meaning you can sell any property, in any condition, to us. The only thing to note is that, the worse the condition of the property, the lower the below market value offer will be, simply because we need to account for any renovations.
But, if you’re in a tight situation and need the sale to complete quickly, to pay off your executor or even bridging loans, then we will buy it from you for cash.
‘Stress free’ this, ‘hassle free’ that – is something you will see all over our website, and our competitors, but what does that actually mean?
Well, we’re glad you asked! We have built our service around making the house selling process as ‘easy’ as possible - for you, for us, for the solicitors, for everyone - which in turn, looks like:
But, don’t just hear it from us. In 2023, we had an enquiry come through from an executor who had chosen to sell the property on the market, but the interior of the property wasn’t moved in ready - which was an issue in her local market, which was full of young, first time buyers:
Millie was the executor of an estate, for a 3 bedroom semi-detached house in Rotherham, the house had been on the market but she wasn’t happy with their estate agent. The property itself had a large garden, room for extension and the old owner had recently redecorated the driveway.
The challenges:
Struggling to sell via her estate agent.
Beneficiaries were waiting for funds to be distributed.
The outcome:
We bought Millie’s house in 2 months and 24 days.
She received 86% of the market value.
The funds were distributed to the estate.
Most probate cash buyers in the market – including The Property Buying Company, will be members of The Property Ombudsman and the National Association of Property Buyers (if they’re not, walk away).
These membership bodies are not regulatory, but being a member means they follow a strict set of guidelines to make sure you are looked after throughout the process. The Property Ombudsman also allows you access to a Redress Scheme if anything does go unjustly wrong.
But, this is a norm in our industry and doesn’t really help you choose the best cash house buyer for you. Which is why we've created this table below so you can make your own mind up…
Company | Average time to buy probate property | Fastest probate property purchase | Trustpilot rating | Verified by customers? |
---|---|---|---|---|
The Property Buying Company | 91 days | 28 days (can act as fast as 7 days) | 4.7 / 5 (2,565 reviews) | Yes |
Property Saviour | Not disclosed | Claims 10 days | 4.4 / 5 (11 reviews) | Yes |
Ziphouse | No public record | No public record | 3.8 / 5 (24 reviews) | No |
Propereaze | No public record | No public record | No Trustpilot | No |
Open Property Group | Claims 14 days | No exact date - operates as fast as 7 | 4.7 / 5 (145 reviews) | Yes |
Smoothsale | Not disclosed | No public record | 4.7 / 5 (236 reviews) | Yes |
*Verified by customers - Customer satisfaction metric that indicates whether a company’s probate property process has been publicly verified through independent customer reviews, case studies or published data. We use Trustpilot, Google Reviews and other customer testimonials to confirm actual sales experiences.
As you can see, The Property Buying Company is the only cash buyer to openly discuss our actual probate purchase times, and not just ‘hide’ behind the ‘7 day sale’ promise. The reality is, most cash sales will take dramatically longer than originally advertised – because the process is tailored to meet your needs, not the companies.
Even if there’s not, we’ve got your back! Whether you’re an executor or administrator, or even a beneficiary just doing some market research, we are here to help.
If you’re ready to see what we’ll offer for the probate property, then simply fill out our postcode form below - which will take you to our sign up page. From there one of our consultants will ring you to discuss our cash offer, the property and next steps in more detail.