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Have you bought a house which the owner currently has in Trust?

(29 Posts)
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LOUISA1523 Sun 30-Jan-22 17:27:57

My mums house is in a family trust....she did it so her house couldn't be sold for care needs....it actually makes it easier when she's gone ( not for a long time I hope ?) .... as there will be no probate

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Germanshepherdsmum Sun 30-Jan-22 15:50:13

It won’t necessarily take a long time. It sounds like the estate agent hasn’t a clue. Press him for more details. Don’t be scared off.

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tanith Sun 30-Jan-22 15:38:25

I’m no expert but presumably it’s been left to numerous people who now have to agree to the sale. I may be completely wrong, time will tell and it could mean a drawn out affair.

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Skydancer Sun 30-Jan-22 15:29:39

We have had an offer accepted on a house. At the eleventh hour the estate agent has just mentioned it is In Trust and there is to be a meeting "soon". I've researched online and can't really understand what's going on. The estate agent is quite glib and evasive. All we really need to know is how long might all this take? I'd never heard of it before. Has anyone any experience? My DH is thinking of pulling out of the transaction.

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