Probate Valuations in Chelsea
Your local Chelsea probate valuation service
Cullens can provide probate valuation services in Chelsea to solicitors, executors, administrators, and individuals dealing with an estate.
Our probate team are experienced in dealing with probate valuations in difficult circumstances surrounding the passing away of a loved one, friend or family member. All contents/chattels within an estate are subject to the probate process, of which any and all outstanding debts and inheritance tax are paid through the sale of contents within the estate. Cullens can support you through this process by providing a full probate contents valuation service.
Did you know? Cullens are recommended, vetted and monitored by Checkatrade, where previous customers have rated our service as excellent with an average rating of 9.9 out of 10.
Get a free instant online estimate for a probate valuation, or call us on 0800 033 7930 to speak to a member of our team.Start Estimate
Guide to Probate Valuations
We have provided a short step by step guide to help you understand the process of sourcing a Probate Contents Valuation in Chelsea.
- Contact us by phone, email or using the online contact form
- Talk to our probate team about the details of the estate
- Our team will provide a price for your probate valuation
- Schedule a visit from our probate team
- Please make all valuables and items to be included in report available for our team before the visit
- During the visit, we will work to identify the true market value of chattel of the estate and take photographic/written evidence for desk research
- After the visit, our probate team will compile the probate contents valuation report (electronic version is included in original price while hardcopy paper versions will incur an additional charge)
- Our probate team can send the probate contents valuation report to the solicitors or executors dealing with the estate
- Our probate contents valuation reports are HMRC compliant and structured for form IHT407
You can also read our full free Probate Guide which has an indepth look at what a Probate is and thorough walk through for those new to the process.
Probate Valuation Prices
Cullens provide clear upfront pricing with no hidden costs. The pricing levels depends on the size of the estate.
Probate Contents Valuations Explained
Executors and solicitors acting on behalf of a deceased estate are required to commission an independent ‘probate valuation’ of art, antiques and other personal effects in order to assess Inheritance Tax liability with HM Revenue & Customs. Cullens have experience in this and regularly carry out probate contents valuations of chattels in accordance with Section 160 of the Inheritance Tax Act 1984. We can deal directly with the executors to arrange a probate valuation of the deceased’s estate. As part of the probate contents valuation for an Inheritance Tax Assessment, we will list art, antiques, jewellery and general house contents. All work is compiled by an experienced dealer with more than 5 years experience. All valuations are HMRC compliant and our probate contents valuations are prepared professionally and discreetly by our in-house team.
Once the valuation has been carried out, the executors may decide to sell some items from the estate. At Cullens, we have a wealth of knowledge and understanding about the market value of items.
Cullens can provide the following supplementary services:
- Offset the cost of items from the estate against a probate contents clearance
- Purchase items from the estate
- Deliver items from the estate to a specialist auction or dealer on your behalf
If you require any supplementary services please let us know at any time before, during or after the probate contents valuation service.
Probate Valuation Reports
Our probate content valuation reports cover the following aspects:
- Household Contents Valuation
- Antiques and Fine Art
- Jewellery, Collectables and Bullion
- Classic Car Valuation (for vintage and classic cars)
Our probate team provide, as standard, an electronic version of the probate contents valuation report. If you require a hardcopy paper version of the report, there is an additional charge.
Frequently Asked Questions
We understand the probate process is done in an emotional and upsetting stage in someone's life due to a bereavement. To make the process as simple and as stress-free we have created a list of the most frequently asked questions around probate valuations in Chelsea. If you have any further questions about probate valuations, probate contents valuations or probate chattel valuations, then please do not hesitate to contact us.
Do you have any supplementary probate valuation prices?
Yes, the only additional extra we charge for are hardcopy paper versions of the contents valuation report. The reason we charge for these is to keep the overall cost of the probate valuation to a minimum so that we can pass on these savings to our customers. Hardcopy paper version of probate contents valuation report delivered by 1st class post cost £10 + VAT per copy.
How do I value home contents for probate?
We recommend using professionals through the probate process. As part of the probate process, we provide probate contents valuations in Chelsea. The probate contents valuation consists of providing a report of the valued contents within an estate. Items only over a certain value need including in the probate reports and they include antiques, fine art, jewellery, collectables and vehicles.
What probate valuation services do you provide?
We provide probate contents valuation and probate chattel valuation services. We do not currently provide probate property valuations, however, we recommend Hunters Estate Agents for probate property valuations.
What is the difference between probate contents valuation and probate chattel valuation services?
A probate chattel valuation is the official name for a probate contents valuation. They are the same service just using different words to describe the items within an estate.
Do you do clearances as part of the probate process?
Yes, visit this link for more information about our probate clearance services.
Where do you provide probate valuation services?
For probate valuations, we cover Chelsea.