Thank you for your reply.
I now have a similar situation. The deceased died intestate with the main asset a bungalow in poor condition, suitable for major renovation. It was valued at £350,000, but after marketing there was only 2 offers: one at £200,000 and the other at £300,000. The administrator is determined to sell it to her daughter for £250,000.
1. Does the administrator have to obtain consent of all residuary beneficiaries before selling to anyone connected with her, e.g. a daughter as much as to herself or spouse, without which it is a breach of trust?
2. If she is insistent on proceeding as above regardless of advice, should my firm act on her instructions or should we refuse to do so?
Mugford & Co Wills (Fareham) Ltd