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Property and inheritance

Property transactions and inheritance involve some of the largest sums most people ever handle. Mistakes are expensive and often irreversible.

Key topics

01

Buying property

In England and Wales, contracts for the sale of land must be in writing and signed by both parties. The process runs from offer to exchange of contracts (when the deal becomes binding) and then to completion (when ownership transfers). Stamp Duty Land Tax is payable within 14 days of completion.

02

Wills

A valid will must be in writing, signed by the testator in the presence of two witnesses who also sign. Without a valid will, your estate passes under the intestacy rules — which may not reflect your wishes. Wills can be stored with the National Will Register.

03

Probate

Probate is the legal process of administering a deceased person's estate. If the estate exceeds £5,000 (for most banks and institutions) or includes land, the executors or administrators need a grant of probate from the Probate Registry before they can deal with assets.

04

Leasehold

Leaseholders own their property for a fixed term. As the lease gets shorter, the property becomes harder to mortgage and sell. The Leasehold and Freehold Reform Act 2024 improves rights to extend leases and buy the freehold, with new service charge transparency rules taking effect from January 2027.

Guides

Step-by-step guides for property and inheritance

Latest news

Recent changes in property and inheritance

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Articles

Explainers and how-tos

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FAQ

Common questions about property and inheritance

General answers with links to official sources. Not legal advice.

What happens if someone dies without a will?
The estate passes under the intestacy rules in the Administration of Estates Act 1925. Broadly: a surviving spouse or civil partner inherits the first £322,000 and half the remainder; children share the other half. Unmarried partners receive nothing under the intestacy rules. GOV.UK has the full rules.
Can I extend my lease myself?
Yes. Qualifying leaseholders have a statutory right to extend their lease by 90 years and reduce the ground rent to zero, under the Leasehold Reform, Housing and Urban Development Act 1993. You must have owned the property for at least two years. The LEASE premium calculator estimates the cost.
Do I need a solicitor to buy a house?
You are not legally required to use a solicitor, but conveyancing is complex and mistakes can be costly and irreversible. Most mortgage lenders require a solicitor or licensed conveyancer to act. The Law Society and the Council for Licensed Conveyancers both have searchable directories.

Official resources