Executor Loan
Tower Street Finance is currently no longer offering probate lending products to new customers. We continue to work hard to deliver a great service to our existing borrowers.
Lending update
Tower Street Finance is currently no longer offering probate lending products and, as such, those seeking funds are encouraged to find alternative solutions. Existing borrowers are not impacted by this change save for the fact that any undrawn funds or further advances are now, regrettably, unavailable. We are extremely sorry for any inconvenience that this may cause.
Key Benefits
- No risk
- No credit checks
- No monthly repayments
- No requirement for a Will
- No personal liability
- No charge over property
We will support you
We will support existing customers throughout the life of their loan.
Fully regulated lender
We are fully regulated and authorised by the Financial Conduct Authority.
100 years of experience
Our management team has over 100 years’ combined experience in financial services, credit management and risk.
Excellent customer service
We have a rating of “Excellent” on the independent review site Trustpilot. See the direct quotes below from customers who have benefitted from taking out Estate Expense Funding to cover property expenses.
Executor Loan FAQs
The facts about Estate Expenses
Executors or personal representatives are responsible for estate expenses
£4,000 is the average cost of a funeral in the UK
Around 25,000-30,000 Estates incur IHT in any year
You can fund property maintenance expenses with an Executor Loan
Estate Administration Fees can cost around 5% of the estate value
It takes around 12 months on average for an Estate to be distributed
Hear from those who’ve benefitted from an Executor Loan
“Dad died and there was an awful situation where his second wife refused to move out of the family home, which was the estate’s main asset. She lodged several caveats, wouldn’t communicate with us and as I was the executor was under pressure from the other beneficiaries because until we sorted the house the estate was effectively locked.
“Tower Street Finance was able to provide Estate Expense Funding to warn off the caveat and cover the legal fees. Because I was also a beneficiary I also took out Inheritance Dispute Funding to dispute the distribution of the estate successfully.”