A lot of avoidable cost and uncertainty involved in getting and eventually ranking 3 or 4 valuations when they'll need to base the tax treatment of the agreed deal on a single one, as they're connected parties.The process is the same as all house buying - a willing seller and a willing buyer agree a price
And yes, there would be conveying involved
You would be well advised to get three or four valuations and then try to agree a price
Presumably, the house was, or will be, valued for probate purposes
There's no way of judging that. Apart from wasting your money and time, all you're doing by commissioning three separate valuations is undermining the evidence that you'll ultimately rely upon.If you ask three independant valuers for a valuation, you will get three different answers, so how do you decide which one is correct?
A single valuation done properly is wholly sufficient for that purpose.Revenue will want to see that a proper valuation at market value was done.
You should get an up to date value at time of sale, hopefully one you can agree on.The house was indeed valued for probate, but due to an extracted period of time to sort things out, that was a couple years ago. And, in my opinion, the value was on the low side at that time....