When you inherit a property the first step is to get some good old fashioned legal advice, the will states on it who the Executor and who the beneficiaries are as well. The executor is the named person who is in charge of the estate, this can be a family member but also the Solicitor who set up the will in the first place. The beneficiary is the person who inherits the estate. The executor or the solicitor can apply for a grant of Probate and there is plenty of useful links for this on line.
Apply for probate
As with most things in life it’s probably prudent to speak to the experts and getting advice from Solicitors, Charted surveyors may save future delays. Remember HMRC will want accurate figures for tax purposes.
Currently inheritance tax is due on estates of more than £325000 at the rate of 40%, however there are variations on this and again HMRC will give you UpToDate advice on this matter.