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    photo-iconPhotograph taken in St. Margaret's Court, Angmering
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Golden Avenue Close, West Kingston, East Preston – Success Story

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Cooper Adams Success Stories – The biggest reason to use us (as well as our wonderful low stress service) is that we achieve higher selling prices. We achieve on average 3% more than our competitors.

% of asking price achieved: 101 %

Asking Price: £650,000

Sold Price: £656,000 (£6,000 OVER the full asking price)

Number of viewings: 11

Number of offers: 2

Address: Golden Avenue Close, West Kingston, East Preston BN16 1QS

Property type: A four bedroom house

Owners’ reaction: They said we were professional, approachable, knowledgeable and gave us 10/10 in a questionnaire

 

Hazelmead, East Preston – Success Story

Our free elevated photography hazelmead

 

% of asking price achieved: 100 %

Sold Price: £425,000 (Full asking price)

How long before the first offer: 21 days

Number of viewings: 11

Number of offers: 1

Address: Hazelmead, East Preston BN16 1LE

Property type: A two bedroom detached bungalow

Owners reaction: Delighted

Mortgage calculator

To work out a rough mortgage cost look at current rates here www.landc.co.uk/partners/thisismoney/

then input the variable rate into www.moneysavingexpert.com/mortgages/mortgage-rate-calculator

 

To get an accurate figure with the best value deals around contact us at Cooper Adams

Our team can normally beat other quotes

How to present your living room when selling your home

how to present your living room when selling your home

As estate agents, we understand that the living room, along with the kitchen, is one of the key rooms people will look at when thinking about buying a home. In terms of (waking hours) spent in your home, this is probably where you will spend most of them, so if you are selling your house, the living room is an opportunity to provide a space in which potential buyers can imagine themselves sitting watching the TV, reading the newspaper, maybe gazing into an open fire.

Firstly, make the most of the space. If you haven’t already arranged the furniture to make the room look as big as possible, then do so. Clear out the clutter. Imagine the basic things you might expect in a living room – seating, TV, coffee table – and then think about a few nice touches on top, like a vase of flowers, an attractive candelabra, and try and do away with most other things.

But secondly, also remember that the buyer is likely to be bringing their own furniture, so the really, really important things in the room, are those that will be staying. If you have a feature wooden floor, make the most of it, expose it for all to see. Or, if you are going to cover some of it up, maybe do so with a well-placed, tidy-looking rug.

And make the most of fireplaces. They are a feature of any room in which they are found, so, even if they are not in use, do not obstruct or clutter them. Maybe even give the slight impression that they actually could be in use, with a few logs or some cast-iron tools. It’s not a lie, it’s room dressing!

If you know someone thinking of a move and you think would benefit from our selling & letting tips please forward this on to them. Also download our FREE eBook at www.cooper-adams.com/freebook

For your own personal advice on any aspects of selling or letting please us. We do free valuations for all, even if you’re not ready to sell for a few years it’s good to be up to date with your biggest tax free asset. Please contact the Cooper Adams team on 01903 770055 to book a valuation specialist to pop round and take advantage of our expert free advice.

 

Probate

What is Probate? When is Probate Required?

 

Probate is the word normally used to describe the legal and financial processes involved in dealing with the property, money and other possessions of an individual who has passed away in England or Wales.

The time it takes to get probate or letters of administration varies according to the circumstances. It may only take three to five weeks if there are no complications, inheritance tax is not payable, the estate is straightforward and all forms are filled in properly. However, in more complicated cases, it may take much longer (six to nine months). In our experience it takes a similar time to putting a property on the market and being ready to exchange. If probate is not complete the buyer will have to wait before they can exchange.

Probate involves a lot of complicated legal and financial work, and can be broken down into five different phases.

Phase 1. Identifying all of the deceased’s assets (property, investments and possessions) and all of their liabilities (debts ranging from loans to utility bills), in order to determine the value of their Estate.

At the same time, verifying entitlement to the Estate under the terms of the deceased’s Will, or in accordance with the law governing Intestacy if they died without a Will, and obtaining the necessary identification documents for those beneficiaries.

Phase 2. Paying Inheritance Tax to HMRC (HM Customs & Excise) where applicable, and submitting the correct Inheritance Iax return (required whether or not there is tax due), and applying to the Probate Registry for the Grant of Representation, being a document confirming the legal authority to administer the estate.

Phase 3. After the Grant of Representation has been issued by the Probate Registry, liquidating (selling) the deceased’s assets, settling their liabilities, paying the final estate administration expenses and accounting to HMRC for any further Inheritance Tax, any Income Tax or Capital Gains Tax due to or from the estate.

Phase 4. Preparing estate accounts documenting all payments into and out of the Estate, and showing the balance left for distribution to the beneficiaries. Sending the estate accounts to the Personal Representatives (such as the Executor in the Will) for approval.

Phase 5. Providing there are no challenges to the estate or other complicating factors preventing distribution at this stage, the final phase will involve transferring any assets that the beneficiaries wish to retain, and distributing the balance of the estate funds.

c/o co-oplegalservices

Cooper Adams offer FREE probate property valuations

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