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Post by Deleted on May 20, 2017 15:56:40 GMT
I'm the executor of my mother in laws will.
Ive applied for probate in order to be able to sell her house.
In the meantime the house will be unoccupied apart from regular checks to collect mail and make sure it's ok.
Keeping the utilities going doesn't appear to be an issue. However house contents and buildings insurance is proving problematic as its not actually occupied by anybody. We don't want to occupy the house with anybody as this would affect the liability for council tax.
Has anybody on here experience of similar and how you solved it?
TIA.
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Post by Stumpy on May 20, 2017 16:04:37 GMT
I'm the executor of my mother in laws will. Ive applied for probate in order to be able to sell her house. In the meantime the house will be unoccupied apart from regular checks to collect mail and make sure it's ok. Keeping the utilities going doesn't appear to be an issue. However house contents and buildings insurance is proving problematic as its not actually occupied by anybody. We don't want to occupy the house with anybody as this would affect the liability for council tax. Has anybody on here experience of similar and how you solved it? TIA. I did with my late grandmothers. In the end I just got the most basic building only insurance I could find. But then the house was sold after a few months. I only took it out for peace of mind
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Post by tomsk on May 20, 2017 16:16:10 GMT
I'm the executor of my mother in laws will. Ive applied for probate in order to be able to sell her house. In the meantime the house will be unoccupied apart from regular checks to collect mail and make sure it's ok. Keeping the utilities going doesn't appear to be an issue. However house contents and buildings insurance is proving problematic as its not actually occupied by anybody. We don't want to occupy the house with anybody as this would affect the liability for council tax. Has anybody on here experience of similar and how you solved it? TIA. Ensure the utility providers are notified if the property is liable to be vacant for a while, especially gas. They can and will enter properties and remove meters cap off supplies if they see fit. Occupation shouldn't affect buildings cover to any great extent, so long as regular visits are made and the circumstances declared, same for contents. As the Executor of the Estate talk to Its/your insurer, they must deal with this daily.
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Post by dyertribe on May 20, 2017 17:05:13 GMT
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Post by Delta9 on May 20, 2017 17:59:32 GMT
Does it need to be insured?
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Post by Mr Stabby on May 20, 2017 18:20:02 GMT
Does it need to be insured? It will do if there is any type of mortgage attached to it, if not then building insurance would be extremely advisable anyway. I seem to recall that most insurance companies have some type of clause stipulating that a building cannot remain unoccupied for over 30 days. I suppose it largely depends on the long term plans for the property. Sympathies for the loss.
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Post by Deleted on May 20, 2017 18:39:59 GMT
Does it need to be insured? It has a small mortgage on it so it will at the very least needs buildings. The mortgage will of course be paid off but not untill it's sold. There are also some contents which are staying for now as a family member may be buying it and the beneficiaries have agreed they can have some of them if they buy. So I would say yes it does.
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Post by Deleted on May 20, 2017 18:41:56 GMT
Does it need to be insured? It will do if there is any type of mortgage attached to it, if not then building insurance would be extremely advisable anyway. I seem to recall that most insurance companies have some type of clause stipulating that a building cannot remain unoccupied for over 30 days. I suppose it largely depends on the long term plans for the property. Sympathies for the loss. This is the issue, the length of time it will potentially be unoccupied. But Alysons link above suggests such cover is available for this specific scenario.
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Post by tomsk on May 20, 2017 19:11:20 GMT
It will do if there is any type of mortgage attached to it, if not then building insurance would be extremely advisable anyway. I seem to recall that most insurance companies have some type of clause stipulating that a building cannot remain unoccupied for over 30 days. I suppose it largely depends on the long term plans for the property. Sympathies for the loss. This is the issue, the length of time it will potentially be unoccupied. But Alysons link above suggests such cover is available for this specific scenario. Just a thought, but if you think it will be years rather than months before the Estate is settled it may be worth looking into putting the place in the hands of a 'reputable' letting agent to the benefit of the Estate, looking to defray costs rather than generate income.
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Post by Mr Stabby on May 20, 2017 19:37:21 GMT
This is the issue, the length of time it will potentially be unoccupied. But Alysons link above suggests such cover is available for this specific scenario. Just a thought, but if you think it will be years rather than months before the Estate is settled it may be worth looking into putting the place in the hands of a 'reputable' letting agent to the benefit of the Estate, looking to defray costs rather than generate income. That's a different question altogether really, if a good tenant can be found then there can be a fairly substantial income for years to come, but what if you get a bad one?
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Post by Deleted on May 20, 2017 19:58:10 GMT
This is the issue, the length of time it will potentially be unoccupied. But Alysons link above suggests such cover is available for this specific scenario. Just a thought, but if you think it will be years rather than months before the Estate is settled it may be worth looking into putting the place in the hands of a 'reputable' letting agent to the benefit of the Estate, looking to defray costs rather than generate income. The estate is a relatively simple one so probate is pretty straightforward (or rather it should be!). The house should sell pretty quickly as where it is houses of its type go quickly if priced correctly. She maintained it pretty well regardless of cost as well. But something to think about if it doesn't go to plan.
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Post by Deleted on May 20, 2017 20:00:35 GMT
I hate insurance. My mother got off the train nearly two years ago and her flat still has not been sold. We (my sisters and I) emptied it so there was no need for contents insurance. Don't know about buildings but as it is a leasehold I can't see the point.
I also hate houses.
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Post by tomsk on May 20, 2017 20:18:53 GMT
I hate insurance. My mother got off the train nearly two years ago and her flat still has not been sold. We (my sisters and I) emptied it so there was no need for contents insurance. Don't know about buildings but as it is a leasehold I can't see the point. I also hate houses. I love heartfelt rants.
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Post by Deleted on May 20, 2017 20:19:57 GMT
I hate insurance. My mother got off the train nearly two years ago and her flat still has not been sold. We (my sisters and I) emptied it so there was no need for contents insurance. Don't know about buildings but as it is a leasehold I can't see the point. I also hate houses. I love heartfelt rants. I love hate
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Post by Mr Stabby on May 20, 2017 20:20:48 GMT
My mother got off the train nearly two years ago and her flat still has not been sold. If it has been actively marketed then that would suggest that it is overpriced?
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