NPPR Question

Hi,

My wife and her brother were left a house and 50 acres of farmland through inheritence 6 years ago. Just this year the house and land were divided up evenly where we took the house + 10 acres and her brother took the remaining farmland. This was all agreed and signed off through a solicitor.
The house has not been lived in for approx 4 years and it is in very bad repair with a leaking roof and at the moment it is not habitable.
We plan to spend a bit of money on the house to get it to a level where it can be rented. We have photos of the state of the house at the time it was signed into our names and some construction work is underway.
The questions i have are: Should we register the property straight away? Are we liable to any penalty charges? Is it best to wait until the property is in a fit state for renting before we register? Are we exempt from charges beacuse the house is not habitable?
It is going to take approx 1 more year to get the house to a livable standard because we are just doing the work bit by bit when we have some money to spend.
Any help or suggestions appreciated.
Thanks.

Does your wife and her brother own their own property as well ?

Her brother does not own another property but my wife and i have our own home located 200 meters from this one.

I would write to the local council and ask them stating that you were sorting out the will and is there a liabilty due. There doesn't appear to be a direct exemption for estates in probate but I'm sure the legal guys will clarify at some stage what actually happens.