Unlock your inheritance

so you can move forward

Apply Now

Unlock your
inheritance

so you can move
forward

Scroll
Apply Now

Our highly experienced and caring team makes the process as simple and efficient as possible so you always have peace of mind.

Trustpilot

What is an Inheritance advance?

Our Inheritance Advance lets you access up to 50% of your inheritance within just a few days!

If you are the Beneficiary of an estate it can take up to 12 months before you have access to your inheritance. For estates that include multiple properties, shares or complex financial arrangements this can be even longer.

  • The Advance is available pre and post grant of Probate/Confirmation/ Letters of Administration and regardless of whether there is a valid Will or not.
  • Applications are assessed solely on the basis of your future inheritance, not on your personal circumstances or credit rating. No personal guarantees or charges over your property are required. If it turns out that your inheritance is less than expected, then as long as you have kept to the terms of the agreement, you will not be required to pay the shortfall should there be one.
  • The Advance is normally re-paid in full when your inheritance is
    received. There are no monthly repayments and no early repayment fees.

How it works

Your funds, your choice

Loans are offered regardless of the purpose. Use the money to buy a new car, go on holiday, pay school fees or help with day to day expenses – it’s up to you.

No matter what your credit score

Applications are assessed solely on the basis of your future inheritance, not on your personal circumstances or credit rating.

With or without a Will

The advance is available before and after the grant of Probate and regardless of where there is a valid Will or not.

Fast, fair and simple

We aim to pre-approve eligible applications within 48 hours.


We only charge simple interest, not compound interest. 

Get your inheritance in these 4 simple steps

1

Start your application

Complete a short online form or call us on 0203 813 6400.

2

Send us your documents

We confirm your eligibility, send you a document list and you provide:

  • Copy of Death Certificate
  • Copy of Will (if applicable)
  • Copy of Grant of Probate/Confirmation/Letters of
    Administration (if applicable)
  • Confirmation of the assets and liabilities within the estate
  • Proof of ID, address and bank details

We confirm your eligibility, send you a document list and you provide:

  • Copy of Death Certificate
  • Copy of Will (if applicable)
  • Copy of Grant of Probate/Confirmation/Letters of
    Administration (if applicable)
  • Confirmation of the assets and liabilities within the estate
  • Proof of ID, address and bank details

3

Your application is assessed

Our experienced underwriters assess your application within 48
hours and successful applications receive a formal email offer.

4

Receive your funds

Loan documents are issued, signed (normally electronically) and funds are transferred immediately to your nominated bank account.

Debbie Collins - Head of Underwriting

Ready to get started?

Our deeply experienced, caring team is here to answer any questions. Give us a call on 020 8038 6896 or start your application now.
Apply today
Trustpilot
Trustpilot

Other things to know

  • There are no monthly repayments and no early repayment fees.
  • The Advance is normally re paid in full when your inheritance is received.
  • When the estate is settled the loan is repaid to us, normally by the Estate Administrator or the professional firm responsible for the sale of a property within the estate.
  • If it turns out that your inheritance is less than expected, then as long as you have kept to the terms of the agreement, you will not be required to pay the shortfall should there be one.
  • If it turns out that your inheritance is less than expected, then as long as you have kept to the terms of the agreement, you will not be required to pay the shortfall should there be one.

Bonnie Beadle – Inheritance Advance

From turmoil to tranquillity - how Bonnie unlocked her country dream

Read Bonnie’s story

Bonnie Beadle – Inheritance Advance

From turmoil to tranquillity - how Bonnie unlocked her country dream

Read Bonnie’s story

Representative example

An Advance of £50,000 with an Arrangement Fee of 2% (£1,000) and an Interest rate of 24% (fixed). Interest is calculated on the advance and the fee and accrues daily.

12 months Time to liquidate estate
£12,240 Owed in interest
£51,000 Owed in capital and fees
£63,240 Total balance owed*

*representative 26.5% APR.

What Are The Fees For An Inheritance Advance?

The Arrangement Fee (which is simply added to the loan) is 1-2% of the loan amount. The interest rate is 1.5-2% per month for as long as the Advance is outstanding.


Crucially, we only charge simple interest rather than compound interest. This means you are not paying interest on the interest. In the example above, this would result in a saving of £1,440 compared to all other providers with the same rates and fees that do
charge compound interest.

Start your application now
Get in Touch

What Are The Fees For An Inheritance Advance?

The Arrangement Fee (which is simply added to the loan) is 1-2% of the loan amount. The interest rate is 1.5-2% per month for as long as the Advance is outstanding.


Crucially, we only charge simple interest rather than compound interest. This means you are not paying interest on the interest. In the example above, this would result in a saving of £1,440 compared to all other providers with the same rates and fees that do charge compound interest.

Start your application now
Get in Touch
Debbie Collins - Head of Underwriting

We’re here to help

It’s important to us that you have all the information you need to move forward with hope.  

Enquire

or call us on 0203 813 6400

FAQ's

Traditionally, personal loans require the borrower to sign a personal guarantee or to provide security to the lender over their assets, such as property. In the event that the borrower defaults, the lender can then take possession of personal assets and sell them to recover what they are owed. Inheritance Advance is different. The product was designed to underwrite Estates, not borrowers, so you won’t be asked for any form of personal security. Our claim is against the assets of the Estate and in the event of those assets selling for less than we are owed, then as long as you’ve kept to the terms of the agreement, that’s our loss. There are no monthly payments and no early repayment fees.
An Inheritance Advance is available pre and post Grant of Probate, Confirmation or Letters of Administration
It’s entirely up to you! The Advance can be used for any purpose.

That doesn’t matter, because underwriting is focused on the Estate (and its assets/liabilities) rather than your personal credit rating. The application process therefore ensures that there’s a clear link between applicants (i.e. Beneficiaries) and the Estate, as well as establishing the estimated value of eligible assets within the Estate, to advance funds against.

No. The decision will be based on the assessment of the Estate. Therefore, your employment information is not relevant.
That’s OK and as long as you’ve kept to the terms of the agreement it’s not your risk, it’s ours. This is why we ensure we fully understand the Estate as part of our underwriting process. If we get the assessment wrong we bear any associated loss.

We will estimate the value of the Estate’s eligible assets less any liabilities owed, such as the Administrator’s fees, mortgages over property within the Estate, etc. This gives the Estate’s estimated net eligible asset value.

Eligible assets are typically (UK domiciled) cash, as well as publicly quoted investments and properties that are to be sold. We may consider other assets by exception. You will then be offered up to 50% of your portion of the Estate’s net eligible assets. You may, of course, take less.

The Arrangement Fee (which is simply added to the loan) is 1-2% of the loan amount. The interest rate is 1.5-2% per month for as long as the Advance is outstanding, but we won’t charge you more than 30 months worth of interest.
Unlike other providers we only charge simple interest, not compound interest. That means you are not paying interest on the interest.
That’s absolutely fine. Our underwriting is based solely on your share of the Estate and your Advance has no impact on the other beneficiaries. It is also fine for more than one beneficiary of an estate to apply for an Advance.
That’s OK. Estates are administered according to clearly defined rules (the Rules of Intestacy) where no Will exists.
We require a professional firm to be responsible for the distribution of the asset(s) that will enable the Advance to be repaid. This would typically be the Estate Administrator or Conveyancing Solicitor.
You will have 14 days to withdraw from your Advance from the date you enter into the loan agreement starting with the day after the latest of (a) when the agreement is made, (b) the day you receive a copy of the executed agreement or (c) when you are told the agreement has been executed and is in the same form as the copy agreement you already have. Should you elect to do so, within 30 days after withdrawing you will need to repay the amount of the Advance together with accrued interest, at the interest rate set out in your loan agreement, from the date the Advance was provided until the date of repayment.
The loan is repaid when your inheritance is available to be distributed. There are no early repayment fees.
Provira’s founding team and investors are experienced financial professionals, having successfully launched and invested in many innovative specialty finance businesses. We are passionate about building disruptive businesses that focus on benefiting the consumer. We’ve worked for and with some of the largest and most reputable financial institutions globally.