Practical property advice
Should you sell or let an inherited property?
Executors should distinguish estate administration and their legal authority from the commercial decision whether to retain or sell. A rental may produce income but also requires insurance, regulatory compliance, maintenance and agreement between those entitled to decide.
Practical steps to consider
- Step 1
Confirm who has authority to instruct an agent and the probate position.
- Step 2
Compare sale proceeds, ongoing costs, voids and potential rental return.
- Step 3
Obtain independent legal and tax advice on the estate and beneficiaries.
How Hermens can help
We provide residential estate agency, lettings and property management across West London and Surrey. We can discuss an appraisal, marketing, tenant finding or management support according to your circumstances. Services and fees are agreed before instruction; legal and tax matters may require separate independent professional advice.