After inheriting two properties, one seller needed a straightforward sale. Here’s how Auction House Hull & East Yorkshire gave them the result they needed.
Inheriting property can be a stressful process, particularly if it’s followed by a long route to sale. When our seller came into possession of two properties, they therefore looked for a fast and straightforward solution. Auction House Hull & East Yorkshire turned a stressful situation into a successful outcome – and exceeded the seller’s expectations in the process.
Why is auction a good option for selling probate properties?
Probate can bring legal complexity and delays, which may then be compounded by a slow sale through estate agents.
Auction, on the other hand, offers sellers security and a fixed timeframe.
Unlike a sale with an estate agent, auction offers sellers a fixed timeframe and a legally binding exchange on the fall of the gavel. There are no last minute withdrawals, no drawn out negotiations and no chains to collapse. Completion typically takes place within 28 days, making auction one of the fastest routes to a completed sale available to UK property sellers.
“We knew that it would be a much faster process with auction. I didn’t want to have to do loads of viewings, and I didn’t want people to come and put an offer in only for it to fall through. Ease was a big factor.
“When we initially contacted Romilly, she got straight back to us within a couple of hours. Within that same day, she’d got everything moving and begun the paperwork. I’d say that in just a couple of weeks, all the photos and EPC (Energy Performance Certificate) were done. She arranged everything we needed.”
Why choose Auction House to sell probate property?
Speed and security are undeniable positives in situations such as these. But in this case, it was the caring and considerate approach of the Auction House Hull & East Yorkshire team that truly made them the right choice.
“Romilly was so understanding. She was careful with the way that she spoke and dealt with everything. Everything ran so smoothly, and we didn’t have to worry at all.
“Because it had been such an emotional situation, I kind of expected the same to happen when it came to actually selling the properties. When I met Romilly, she was just so personable, friendly and likeable. She blew away all of our expectations.”
The sale of The Old Chapel and 46 Main Street
In this case, the two properties put up for sale were The Old Chapel in Buckton and 46 Main Street, a bungalow located nearby.
The former Methodist chapel had been purchased by the seller’s grandfather as a storage spot for his haulage business. As such, it offered potential buyers a blank canvas to adapt it to a range of possible uses, subject to the right permissions.
The bungalow was the former family home and had been well-loved and looked after. In need of a little modernisation, it occupied a lovely plot with generous front and rear gardens, giving buyers plenty of scope to tailor the home to their own needs and tastes.
To meet the seller’s desire for a quick resolution, the Auction House Hull & East Yorkshire team went above and beyond to ensure the properties were ready for their December auction. Both were successfully entered, with the chapel selling for £54,000 and the bungalow for £225,000.
“We were really pleased, especially with the chapel, because we had no idea what we could get for it.”
Would you recommend Auction House Hull & East Yorkshire?
“Absolutely, yes. I would highly recommend them. What I thought was absolutely brilliant with them was just how quickly Romilly would reply to any correspondence. I’d email, and she’d reply immediately. She always answered the phone straightaway too if we needed to contact her.
“Honestly, it’s probably one of the best experiences I’ve ever had with any company.”
Looking for a fast and secure sale for your probate property?
Selling a probate property is not always straightforward, but the right support makes a significant difference to the experience and the outcome. If you have a property in East Yorkshire that you need to sell through auction, the Auction House Hull & East Yorkshire team can provide the service you deserve.
To find out more or set things in motion, reach out to us by calling 0845 400 9900 or emailing hullandey@auctionhouse.co.uk.
