A London property empty for ten years, with all beneficiaries in Japan and no practical way to run a UK sale. Augusta completed within weeks, so the beneficiaries received their money without managing a distressed sale from Tokyo.
- Location
- London
- Property type
- Residential probate property
- Time to completion
- 15 days
- Fees charged
- £0
What was the situation?
A London probate property that had stood empty for ten years and was in very poor condition. The owner was a Japanese national who died leaving no family in the UK.
What made it difficult?
Every beneficiary was in Japan and had no practical way of running a UK sale from there. The estate needed certainty rather than a drawn-out process carrying the risk of multiple failed transactions across a ten-hour time difference.
What did Augusta do?
The solicitors acting on the estate called us directly. We made an offer on the property in its existing condition and dealt with the sale end to end, so the solicitors had a single counterparty to manage rather than a chain.
What was the outcome?
We gave our offer and completed in 15 days. The solicitors resolved the matter for their client, and the beneficiaries received their money without having to manage a distressed UK sale from Tokyo.
What condition was it in?
Photographed as we found it. We bought it in this condition, with nothing cleared, repaired or redecorated first.
The beneficiaries were abroad and needed speed and certainty.
Your situation
Is your property stuck like this one?
Every estate is different, but the reasons a sale stalls are not. Tell us where the property is and what is holding it up, and we will tell you what your options are, including the ones that do not involve us.