A Probate Valuation establishes the value of a property that is subject to inheritance tax at the date of death. It reflects the open market value of the property, which can be subject to HMRC scrutiny.

A Probate Valuation differs from a Market Valuation, which considers a wider range of factors beyond the open market value.

As a matter of fact, properties subject to market value can achieve a higher sale figure if their features are particularly desirable, or if there is a high demand for such properties compared to the supply of such properties. In cases where the property is subject to a probate valuation, this type of variable does not apply.

You may need to get a probate valuation before you can distribute your loved one’s estate to their beneficiaries. If the estate’s value exceeds £325,000, you’ll also need to calculate your taxation requirements.

Thanks to our RICS Registered Valuers, there’s no need to add confusion to an already distressing experience. By utilising the most sophisticated tools and complying with stringent legal guidelines, we can produce accurate probate valuations while prioritising your best interests.

To make things straightforward, we’ll produce your report without you ever needing to leave your home. You don’t need to drag yourself to a busy office during such a challenging time.