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Executor Loan for IHT

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.

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defaqto 5 star rated for short term probate loan 2022
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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.

Protect
Fully regulated lender

We are fully regulated and authorised by the Financial Conduct Authority

Experience
100 years of experience

Our management team has over 100 years of experience in financial services, credit management and risk

Stars
Excellent customer service

We are rated ‘Excellent’ on the independent review site Trustpilot

Inheritance Tax Loan FAQs

Existing customers can still contact us through the usual channels and we'll give you the support you need.
Unfortunately, we can no longer allow undrawn funds to be drawn from our facilities.
Lending terms and repayments remain unaffected, and all lending can be repaid as usual.
If you would like to take your business to an alternative provider, there are several out there who could help.

The facts about Inheritance Tax Loans

Executors or personal representatives are responsible for paying IHT

Around 25,000-30,000 Estates incur IHT in any year

Average bill is around £200,000

IHT has to be paid before you can get a Grant of Probate

Estimated that £2bn a year is tied up in ‘locked estates’

More estates will be need to pay IHT over the coming years

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Hear from those who’ve benefitted from an Inheritance Tax Loan

“Mum was financially savvy and had always had a lot of her money in share portfolios so when she died there wasn’t a lot of cash. Because the share portfolio companies won’t release funds to pay IHT I was stuck with a bill and no means to pay until the inheritance was released.

“Tower Street Finance acted really quickly for me and paid HMRC direct with an Inheritance Tax Loan which was repaid from the estate once the grant was issued. It was such a relief.”

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