Shared ownership inheritance question

glasto

Registered User
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73
My dad dies in february and I will be inheriting his co-ownership apartment. He owned 50% of it. I want to to sell it, but am aware it will take a while! He was paying £46.66 per month rent on the other 50%, which is considerably below market rent and I assume was fixed years back. Once probate is granted do I have to pay this? And will the rent stay the same as I can't afford to pay a large rent on an empty flat until it gets sold. Any assistance much appreciated.
 
It sounds like you'll need advice from a UK site or a UK-based lawyer in relation to this as the property concerned is in Derry and the other queries you've posted don't seem to have generated much response here.
 
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