Probate Valuations

Based in Newcastle Upon Tyne, we are the leading provider of probate valuations for clients across Tyne & Wear, Northumberland, Durham, Teeside, Yorkshire, Cumbria and the Scottish Borders. Moreover, our specialist valuers regularly travel farther afield....they recently valued the contents of a house in London and another in South Wales, so distance really is no object. 

Anderson and Garland Auctioneers have 180 years of experience working with Solicitors, Executors, and bereaved families. Our probate team offers a swift, confidential, professional, and comprehensive service. We know how difficult it can be when being faced with the loss of a family member or close friend. Getting a probate valuation of the contents of their former home might be the last thing on your mind but it is important for several reasons. Firstly and most importantly, it enables the accurate calculation of Inheritance Tax liability; but it can also be the basis of the fair and even distribution of estate items among beneficiaries and/or the eventual sale of any surplus items at auction. 

Why use Anderson and Garland for a Probate Valuation?

As the regions leading auction house by far, our expert team is the first choice for most Solicitors and Executors throughout the region. It is important to show that you've engaged the services of an experienced and well-established firm. Our valuations are presented in a form consistent with IHT407 and are set out in a clear and concise way. Our professional fees are calculated on an hourly basis and are very competitive.  Please call us for more information.

Probate Advice:

No two estates are the same. Whether large or small, easy or difficult, we're here to help.

Sometimes a straightforward letter, giving a global valuation of the contents, is all that is required. However, for more complicated or valuable estates, we provide a full inventory of the contents, tailored to the needs of the  Executors and Beneficiaries. HMRC guidelines request that anything with an individual value of £500 or more should be listed separately, and a global figure is placed on the remaining items.  Sometimes a figure below £500 is required to ensure the fair distribution of items to beneficiaries. In this situation, we are pleased to advise on where this figure should lie, within the scope of any individual estate. 

What do I do once Probate is granted?

Once probate has been granted, you will need to execute the terms of any will. In most cases, after specific bequests and other items have been shared amongst beneficiaries, there are often surplus items, ideally suited for auction, together with other items suitable for charity, and items for disposal. Anderson and Garland offer a comprehensive House & Estate Clearance service that is second to none. We firstly offer a free home visit to advise on the value of the residual items, the cost of clearance, the process, and timings. We act as your agents so don't buy anything, but offer our auction services on a commission percentage basis. All costs will be fully explained to you during this visit.

If we provided the Probate valuation for you in the first instance, we will already be familiar with items in the property, so simply get back in touch with the team member that carried out the valuation.

To arrange a probate valuation with one of our valuers or for more information about this service please call us on 0191 4303000 or email info@andersonandgarland.com. If you would like to come in and discuss anything with a member of our Probate Service team, please don't hesitate to make an appointment with Reception.