Buying out siblings from an inherited property

• Buying out siblings from an inherited property requires a specific process and can’t happen until probate is complete.
• As it is considered a purchase, not just a handover, the sale must be formally registered with HM Land and Registry and have Stamp Duty paid. 
• For siblings needing their inheritance before this process is complete, Provira’s Inheritance Advance offers beneficiaries up to 50% of their inheritance within days.

Buying out siblings from an inherited property requires one sibling to purchase the other sibling’s share in an inherited property. It’s entirely possible, and common, but it can only take place once probate has been granted. 

The most common reason for a buyout is the desire to keep a property within the family, rather than to sell it.

Siblings can often disagree about whether to keep or sell an inherited property. So if one sibling is in a position to buy another out, it’s a useful way to resolve this type of dispute. 

Choosing to sell an inherited property can also be a sign that a beneficiary would benefit more from inheriting cash than a physical asset, and when they can’t transfer their share in the property until probate is complete – which can take months, sometimes years – it can add unnecessary strain to the grieving process.

At Provira we understand that navigating these sorts of processes after loss can be an overwhelming experience. 

That’s why our products are designed to provide simple financial solutions so beneficiaries can move forward with confidence. 

Our Inheritance Advance gives beneficiaries access to up to 50% of their inheritance within days. 

We only charge simple interest, not compound interest, saving you money in the long run. And if everything wraps up quicker than expected, we don’t charge early repayment fees.

Plus, you won’t be asked for monthly repayments. The loan is simply repaid in full once the estate has been settled and funds are released.

For more information, explore our Inheritance Advance here.

How does buying out a sibling from an inherited property work?

Buying out a sibling from an inherited property doesn’t have to be complicated, but there are quite a few steps involved.

Let’s break them down: 

1. First, probate must be granted. Nothing can formally happen before this point.
2. The property must then be legally transferred from the estate to the joint beneficiaries as outlined in the will. This is called assent and must be registered with HM Land Registry.
3. This transfer creates joint tenants or tenants in common – our guide on jointly owned assets walks through the difference in full. This is key as it defines how each sibling’s share is calculated.
4. An independent valuation of the property must then be carried out to make sure the siblings all agree on a fair price.
5. Based on this, the share owned by each sibling is then calculated according to the will. If no proportion is included, shares will be equally distributed.
6. The sibling who is purchasing the other shares arranges funding. Either from their own personal assets or a mortgage. 
7. The solicitor completes the transfer and registers the change with HM Land Registry.

Do you need probate to buy out a sibling from an inherited property?

Yes, a sibling buyout can’t legally take place until probate has been granted. 

A Grant of Probate is what gives the executor the legal authority to deal with the estate. Until it’s issued, no property can be sold or transferred, whether it’s a sale to an external buyer or a transfer between siblings.

Read more about why you can’t sell a property before probate here.

Once probate is granted, the transfer of ownership then officially happens. This is when the property will be assented, or transferred, into the beneficiaries’ name in order for a buyout to take place. 

It’s only after this that the shares can be legally transferred. 

Waiting on these steps can make a beneficiary feel as though they’re in limbo, counting the days until they can receive the funds they need. 

This is exactly where our Inheritance Advance can help.

As well as accessing up to 50% of your inheritance early, by taking out our loan you:

• Only pay simple interest, not compound interest, saving you money in the long run
• Won’t be charged monthly repayments. The loan is simply repaid in full once the estate has released funds.
• Won’t face early repayment fees if everything wraps up sooner than expected.
• Will have one of our compassionate team members dedicated to your case to guide you through it from start to finish.

Also, what many beneficiaries don’t realise is you don’t need permission from other beneficiaries to take out an Inheritance Loan, and you don’t need to apply together.

So if you’re ready to get started, get in touch today.

Is Stamp Duty payable when buying out a sibling’s share?

Yes, but only on the value of the share you’re buying, not the full value of the property.

Stamp Duty Land Tax (SDLT) is organised into bands. Since April 2025 they’ve been as follows: 

• 0% on the first £125,000 
• 2% on the next £125,000
• 5% on share value between £250,001 and £925,000
• 10% on any value above £925,000, up to £1.5 million
• 12% on £1.5 million+

If the sibling who is buying already owns another residential property, a further 5% surcharge will apply across every band.

Here’s a practical example:

• 3 siblings inherit a house worth £600,000
• One sibling buys out the other two, purchasing £400,000 of the property.
• SDLT comes to £10,000 under the standard bands.

An important detail is that Stamp Duty must be paid to HMRC within 14 days. Usually a solicitor will organise this on your behalf so you can rest assured everything is being handled correctly.

How Provira can help 

Whether you’re the beneficiary who is buying out a sibling from an inherited property, or you’re the sibling selling your share, the probate process, valuation and legal transfer all take time.

If you need to sell your share in order to access funds sooner, our Inheritance Advance gives you access to up to 50% of your share of the estate within days.

We don’t ask for personal guarantees or liability as the advance is secured entirely against the estate. We also only charge simple interest, not compound interest, and don’t ask for monthly repayments. 

Instead, we’re simply repaid in full once the estate has released funds. 

To kick start your application, fill out our form today. It takes just a few minutes.