We provide written house contents valuation for probate.
PROBATE VALUATION SERVICES:
Clearance Solutions provides a range of professional probate valuation services to solicitors, executors, administrators and private individuals. This takes into consideration the calculation of inheritance tax and capital gains tax, working out the probate value of house contents, goods and chattels against the market value of the house.
What is probate value?
Following a bereavement, probate is the legal right to oversee the affairs of the deceased prior to the estate being distributed according to the will. Probate valuation of house contents (known as goods and chattels) involves determining the monetary resale value of these items, which are deemed as part of the assets of the estate. This value is then offset against the cost of inheritance tax, if your property falls above the £325,000 threshold (correct as of 2017).
What probate valuation services are available?
Our standard probate valuation service starts from £250 + VAT. This will involve an experienced, qualified, independent valuer visiting your property to appraise the contents. A report will then be returned to you within 24 hours of the visit, including up to two hours of desk research.
Due to high property values, many estates now fall over the inheritance tax threshold – even if the value of the contents is relatively modest. Consequently, we would recommend our standard valuation service to most customers.
Why use us
hours of site visit
to HMRC guidelines
Specialist probate valuation service
If there is a significant value in your house contents and chattels, we recommend our Specialist probate valuation service. A Royal Institute of Chartered Surveyors (RICS) accredited valuer, or as necessary an expert in a particular field will carry out a detailed survey and write up a report.
We would recommend our specialist house contents valuation for properties with a large collection of any of the following:
- Art & antiques
- Stamps & coins
- Antiquarian and rare books
Prices are available upon request.
Please call us on 020 7706 7554 and we can help you decide on which option is right for you.
We are happy to recommend professional assistance with the valuation of the house or property itself, and any other assets including stocks, shares and bonds.