|
|
Inheritance and property selling
If you thought inheritance tax was only a worry for the super wealthy, think again. The taxman's pinch is fast becoming a huge earner for governments around the world and a touchy political issue. In 1996 15,000 properties had to have inheritance tax paid on them. In 2006-7 this is estimated at 37,000. That's 1 in 3 households. There is one plain and simple reason for this. Whilst property prices have spiralled almost out of control, the inheritance tax threshold has not been amended in line. Anyone owning a detached house in London or the South East is already well over the U.K. tax free limit on estates, which is set around or just under the £300,000 mark.
The underlying problem now is that this tax is hurting the middle class hard working souls who see what they want to leave to their children being snapped up by the government and the super wealthy are shown ways to get round big chunks of the tax. There are two ways to cover the cost of inheritance tax and avoid paying out of your property completely. You can either buy and pay for a life insurance policy, in hope that it will cover the tax bill after you die, or you either judiciously transferring the property to your next generation before you die, or sell it and pass the cash to them as a 'gift'. The added benefit is that you do not need to leave your family home. You simply rent it back off us.
Advantages of a quick house sale
If you want to sell an already inherited property
If your parents or grandparents have already passed away and have an inherited house or property to sell, we can give you a quick sale on this too. Again, having a second property can be financially crippling if you are not well prepared. Why not cash it in? We can have funds transferred into your account within a matter of hours. Sell your house to us. Maybe the property has been on the market for a while and is just not selling - for whatever reasons - and you are getting hassled left right and centred because of it. We can release you of this worry. Or maybe you just need a quick sale. We do not ask questions. Our motto is 'Ours is not to pry, we just buy'.
If you are interested and would like to see how quickly we could take the property off your hands, and how much we can offer, simply gives us a call on 0845 621 5000, email us or fill out our online application form for a no hassle no fee consultation. We are the actual buyers of houses so we do not need to arrange for potential buyers to come round, nor do we need to share your personal and private details with any third parties or companies. Your privacy is assured.
Fact: Did you know that the British government is collecting over £3,180,888,842 every year in inheritance tax AND RISING. That's over 3 billion pounds. |
