Managing Probate with Bridging

Bridging loans help to streamline and manage the inevitable challenges that rise when a person passes away

More Info Below

The last thing a bereaved family needs is to worry about the financial pressures of the probate process. Our bridging finance loans can support beneficiaries of a will to:

  • Pay legal fees and inheritance tax immediately on grant of probate
  • Release immediate funds to beneficiaries within 7-10 days
  • Allow for a controlled sale of the property to maximise its value
  • Avoid fire-sale of valuable assets  
  • Immediately benefit from the wealth left by relatives
  • Release funds from inherited property equity to refurbish a property and maximise value

 

How does it work?

A bridging loan for probate is very similar to a standard bridging loan. It is a short, fixed-term loan secured against a property asset. The key difference between BFS bridging loans and those of a traditional lender is speed. We can arrange a loan in a matter of days – rather than weeks or months. We offer bridging finance loans from £25,000 up to £2,000,000. Terms are usually between 1 and 12 months but can be longer if required and you only pay for the number of days that the loan is used.

 

How do we help

Sadly, for many people concluding a will is not always as straightforward as it ought to be. While the ownership of various assets might be simple enough to resolve, the average person will take on a network of debt and credits which must be settled. For instance, inheritance tax might force the liquidation of valuable assets. Likewise, an outstanding debt may necessitate the sale of valuable assets below market value.

Our friendly team are quick to put solutions in place so individuals can use the loan to pay off debts instead of being forced to sell assets as quickly as possible. We create a loan structure that is perfectly suited to individual circumstances and our people-first approach ensures that families have the breathing space they need at an already difficult time.

 

Other uses of our bridging loans:

Fast property purchase 
Capital release
Tax payments
Short term cash flow

 

Make it happen

Please contact us and speak to one of our experienced and friendly team to discuss your specific circumstances.

Lending Criteria

Interest rate

From 0.75% pcm

Minimum loan

£25,000

Maximum loan

£2,000,000

Maximum loan to value

70% OMV

Loan term

1 day to 24 months

Upfront fee

None

Product fee

None

Exit fee

None

Expiry fee

None

Redemption fee

None

Hidden costs

None

We are a principal lender which means that we work with our own money and do not need to consult any third parties before completing a transaction.

We have years’ of experience and a proven track record in funding schemes from £25k to £2m. This is why we can make you an offer within hours – and draw funds in days, not weeks.

BFS is regulated by the Financial Conduct Authority (FCA) which demonstrates our reputation as a responsible lender.


Got questions? speak to our team

call us on
0151 639 7554
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