Dealing with a property during probate can be stressful, especially after the loss of a parent or grandparent.
If you have inherited a home, there are many things to sort out, from clearing out personal belongings to deciding whether to sell or rent the property. A property manager can provide valuable help during this process, handling important tasks such as property maintenance, insurance, renting, and selling.
What is probate and why does it affect a property?
Probate is the legal process of dealing with a deceased person’s estate, which includes their money, possessions, and property. If a house is part of the estate, it cannot be sold or rented out until probate is granted. This can take several months, depending on the complexity of the will and whether there are any disputes. During this time, the property still needs to be maintained, insured, and secured.
A property manager can help ensure that the home remains in good condition while probate is being processed. They can arrange regular inspections, handle necessary repairs, and make sure the property remains insured to protect against damage or theft.
Clearing and managing the property
One of the biggest challenges during probate is sorting through the belongings left in the home. If a parent or grandparent has lived there for many years, there may be a large number of personal items to go through. Property management services can help coordinate professional house clearance services, removing unwanted furniture and valuable items that need to be sold or stored.
If the house is left empty for a long time, it may also require regular cleaning, maintenance and repairing sinks and plumbing. A property manager can arrange for gardeners, cleaners, and tradespeople to keep the house in good condition, preventing any issues that might lower its value.
Renting out the property
If selling is not an immediate option, renting out the house could provide a steady income while probate is finalised. A property manager can take care of the entire rental process, from finding tenants to handling deposits and rent collection.
They will also ensure the house meets legal rental requirements, such as gas and electrical safety checks. According to government statistics, landlords who use property managers experience 30% fewer legal disputes compared to those who manage properties themselves.
A property manager will also handle any tenant issues, organise maintenance, and make sure the property is compliant with landlord laws. This can be especially useful if you do not live nearby or do not have the time to manage the property yourself.
Selling the property
If the decision is made to sell, a property manager can assist with preparing the house for sale. This might include making small repairs, redecorating, or staging the property to attract buyers. They can also recommend trusted estate agents and oversee viewings to help get the best possible price.
In the UK, the average time to sell a property is around 4 to 6 months, but homes that are well-maintained and presented properly sell up to 30% faster. A property manager can ensure that the house is market-ready and help speed up the process.
Insurance and security
During probate, home insurance is crucial. Many standard policies do not cover unoccupied homes for more than 30 days, so it may be necessary to arrange specialist probate insurance. A property manager can help find the right cover to protect the home against risks such as fire, flooding, or vandalism.
They can also organise security measures such as alarm systems or regular visits to prevent break-ins. An empty home is more vulnerable to squatters and thieves, so keeping it secure is essential.
Is a property manager worth it?
Handling a house during probate can be overwhelming, especially when dealing with legal paperwork, family decisions, and grief. A property manager takes care of the practical side, making sure the home is well looked after and that all necessary steps are taken, whether renting or selling.
While there is a cost involved, the time and stress saved can make it a worthwhile investment. Choosing an experienced property manager can ensure that the process runs smoothly, helping you focus on other important matters during this difficult time.
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