Where can I get an advance on my inheritance?
Get up to 50% of your inheritance immediately with Provira
Where can I get an advance on my Inheritance?
Get up to 50% of your inheritance immediately with Provira
Where can I get an advance on my Inheritance?
Provira can offer up to 50% of your inheritance immediately, so you can access important funds now instead of waiting 12 months or longer for your inheritance to be available.
Our Inheritance Advance product can be arranged in a few days or weeks and used for any purpose, including putting down a deposit on a new home, paying for home improvements, buying a new car, paying school fees, going on holiday, debt consolidation or to help with day to day expenses and provide for your growing family.
We are a trusted and FCA-authorised finance provider, with a passion for helping customers during challenging times. Our attention to detail and speed of decision-making make us a safe and reliable choice when looking for an inheritance advance, giving you the financial freedom to move forward.
How does an Inheritance advance work?
Your funds, your choice
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.
What can an advance on my Inheritance be used for?
You can use an Inheritance Advance for whatever you choose. This might be to:
- Pay bills and consolidate debt
- Pay school fees/tuition fees
- Buy a new car
- Pay for household goods
- Do home repairs or renovations on your property
- Go on holiday
- Pay for business expenses and growth
- Day-to-day expenses
- Whatever you would like to spend it on
How to apply for an advance on my Inheritance?
You can apply for an inheritance advance with Provira either by phone by calling 0203 813 6400 or by completing our short form online.
We will request some key documents such as your proof of ID, address and bank details and also key details relating to the deceased such as their will and proof of any assets and liabilities within the Estate.
Using this information, we can often provide an initial decision within 24-48 hours, with a view to transfer funds to successful applicants within a matter of days.
Why use Provira to get an advance on your Inheritance?
- We have more 5-star reviews than any other provider.
- We are known for our exceptional customer service. We have deep knowledge of the probate process to hand hold you and answer any questions throughout the process.
- Our customers deal with the same caring and experienced underwriter at all times – with backup should that person be away.
- We only charge simple interest, not compound interest. So, customers are not paying interest on top of the interest, making ours the most cost effective Inheritance and Estate Advance Loans in the market.
- We will not be beaten on price. We have incredibly competitive rates and we won’t be beaten on price.
- We are fast: On receipt of the information we require we can normally process loans and, if approved, issue loan documents for signature within 2-3 days. Funds are released on the same day all documents are signed.
- We are fair: We’re happy to only lend you what you need so that you don’t pay unnecessary interest.
- We are transparent: We send regular statements so customers are kept well informed on loan performance.
- We liaise directly with law firms, solicitors and Executors to obtain all the information we need for underwriting. This information is the same as required to obtain probate. So, it should be readily available.
- We can pay Inheritance Tax to HMRC directly, giving you one less thing to worry about.
- There is no maximum loan value. We offer loans from £20,000 to over £1 million.
- There is no risk to the borrower. No personal guarantees or charges over property are required.
What are the benefits of applying with Provira?
Immediate – The opportunity to access funds in just a few days can be hugely beneficial to families and applicants and we pride ourselves on fast decisions and turnaround times.
No personal liability – there are no personal guarantees required or charges over your own home or property. You do not risk losing your home in any outcome, provided that there is no breach of the loan agreement.
Application not affected by income or credit score – your eligibility is not based on your current income, job status or credit score because it is assessed on the overall value and assets of the Estate.
Not penalised if your inheritance is less than expected – if your inheritance is worth less than expected, you are not required to cover the shortfall, provided there is no breach of the loan agreement.
Repayments are rolled up until the end – Our Inheritance Loans are repaid in full when probate is granted and the assets in the Estate are sold or liquidated. There are no monthly repayments that you need to worry about each month.
No early repayment fees – We do not charge any early exit fees if you wish to pay off and close your loan sooner than expected.
Get your Inheritance Advance in these 4 simple steps
1
2
Send us your documents
We confirm your eligibility and send you a list of the documents we’ll require, including:
- 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 and send you a list of the documents we’ll require, including:
Show list
- 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
hours and successful applications receive a formal email offer.
4
Receive your funds
Ready to get started?
Bonnie Beadle – Inheritance Advance
From turmoil to tranquillity - how Bonnie unlocked her country dream
Bonnie Beadle – Inheritance Advance
From turmoil to tranquillity - how Bonnie unlocked her country dream
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.
*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.
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.
We’re here to help
It’s important to us that you have all the information you need to move forward with hope.
or call us on 0203 813 6400
FAQ's
An Inheritance Advance is available pre and post Grant of Probate, Confirmation or Letters of Administration.
Yes, you will need an Estate Administrator or solicitor to verify documents, accept transfers and make repayments on behalf.
We can offer up to 50% of your inheritance in the form of an advance.
No. The decision will be based on the assessment of the Estate. Therefore, your employment information and credit score is not relevant.
Unlike other providers we only charge simple interest, not compound interest. That means you are not paying interest on top of the interest.
Yes, we offer a period of 14 days if you want to change your mind after drawdown. If you wish to withdraw after 30 days, your loan will be subject to accrued interest and the interest rate set out in your agreement.
The loan is repaid when your inheritance is available to be distributed. There are no monthly repayments for you to make manually or via direct debit, since this is all rolled up and paid off when the inheritance is ready to be distributed or the Estate has been submitted.
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.