A cash offer means the buyer funds the purchase without a mortgage, so there is no lender, no chain and no survey-driven renegotiation. Augusta values the property on real market data and its actual condition, and the offer reflects the risk and speed we take on rather than open-market value.
A cash offer means the buyer purchases directly, without a mortgage and without a chain behind them. For an estate, that removes the two things that most often delay a sale or collapse it late, and it trades some price for that certainty.
Why consider one
Why do executors consider a cash offer?
- No lender to satisfy
There is no mortgage application behind the buyer, so no valuation condition and no decision you cannot influence.
- No chain
Nobody behind us has to sell anything first. The two things that most often collapse a sale late are both absent.
- No agent commission
No percentage comes off the price. What is offered is what the estate receives, before its own legal costs, which we cover.
- Sold as it stands
No repairs, no clearance, no decorating. The estate spends nothing preparing a property it is trying to dispose of.
Valuation
How does Augusta evaluate an inherited property?
Five things decide the figure, and none of them is a blanket discount for the property being inherited.
- Where it is
The street and the local market, not a regional average. Two houses of the same size a mile apart do not carry the same value.
- What condition it is in
Assessed as it stands, including the problems. A property needing work is priced for the work, not excluded for it.
- Local demand
What is actually selling nearby and how long it is taking. A slow local market changes what any route can realistically achieve.
- What it would cost to put right
Repairs, clearance and modernisation, costed properly rather than guessed at, because that figure is the difference between the routes.
- Comparable sales
Real completed sales of similar properties, which is the only figure that can be checked. Asking prices are not evidence of anything.
Condition
Can a probate property be sold without repairs?
Yes. Many inherited homes would need work before an agent could market them, and spending estate money on that carries real risk with no guaranteed return.
We buy in current condition, including properties still full of belongings, and cover the cost of clearing them.
The process
What does the process involve?
Tell us about the property
The postcode and roughly what condition it is in. If you know where you have got to with probate, that helps, but you do not need it to start.
We review it
We assess the property against real local market data and its actual condition, rather than applying a blanket discount to anything inherited.
You get a written offer
With no obligation attached. If we think another route would serve the estate better, we say so at this point rather than after you have committed.
You choose the completion date
We work to the estate’s timetable, not ours. Nothing can complete before the grant of probate is issued, whichever buyer you use.
When it fits
When is a cash offer the right option?
- The property needs work
Disrepair narrows the buyers who can get a mortgage, which closes the open market before you have chosen anything.
- The estate needs to settle
A deadline, a running mortgage, or beneficiaries waiting all favour a fixed date over the highest possible price.
- Beneficiaries want cash
A house cannot be split between several people. The proceeds can.
- It has been standing empty
Insurance, council tax and deterioration all continue while the decision is open.
When none of these apply, the comparison of every route sets out what the alternatives realistically achieve.
Questions
What do executors ask about cash offers?
Are cash offers lower than an estate agent would achieve?
Usually, yes. A cash offer trades price for certainty: a fixed date, no chain, no lender and no survey renegotiation. If the property is in good order and the estate is not under time pressure, the open market will normally pay more, and we will tell you so.
Is there any obligation to accept?
None, at any point before contracts are exchanged. An offer is not a commitment, and no reputable buyer treats it as one.
How quickly can the sale complete?
Nothing completes before the grant of probate is issued. After that a cash purchase is the most predictable route, because there is no lender or chain to wait on.
Read next
Where can you read more?
No obligation
Would you like a cash offer for a probate property?
Tell us the postcode and roughly what condition it is in. You will get a written evaluation with no obligation, and a straight answer about whether selling to us is the right decision for this estate.
Talk through your options