Inheriting a house with siblings can be a blessing and a curse. More often than not there will be problems with siblings when settling the estate. With that in mind, it is crucial for all parties involved to know the inheritance rights of siblings. It is also beneficial to know what steps to take when inheriting a property with brothers and sisters.   Find out who is the executor of the estate One person will be responsible for the estate, it won’t necessarily be one of your siblings. This individual is usually named as the executor on the will itself. […]

Bereavement of a loved one is often an emotional time, making inheriting a house with a mortgage feel even more stressful. There are ways to relieve the added pressure, giving you added time to plan your next steps. We simplified everything you need to know if you have recently inherited a house with a mortgage. We have also added several useful tips! What happens if you inherit a house with a mortgage (UK)? There is an agreed instalment of payments when a loan is initially established. At this point, it is recognised that the estate (total value of assets) becomes […]