Five-star ratings for Tower Street Finance

Five-star ratings for Tower Street Finance

Tower Street Finance has received a five-star Defaqto rating for two of its consumer-facing products.

Inheritance Advance and IHT Loan have been given the rating in the short-term probate loan category.

Defaqto is an independent financial information business which helps consumers make better informed decisions. Three in four people are aware of Defaqto and the same number use their ratings when they are making choices about financial products.

The five-star rating will ensure Tower Street Finance continues to be the market leader in helping its customers and partners solve inheritance problems.

While Defaqto ratings are based purely on the product, Trustpilot focuses mainly on service, and Tower Street Finance also has a five-star Trustpilot rating from customers and partners.

Here are just two recent reviews received:

“When our colleagues mention the products to customers, the first reaction is often surprise that products such as these exist. But once they are explained, there is also an element of relief, and they often wonder why it has taken someone so long to come up with the idea!”​​ (Simon Hancox, Kings Court Trust)

“I just wish I could give more stars! The team have changed my life. I was starting my own business and the team worked tirelessly to help me and get the advance pushed through. I cannot thank them enough.” (Nicola)

Tower Street Finance’s Richard Dearden, head of marketing, said:

“We are really proud to have such great endorsements for our products and services. It is testament to our team who always back up our promises in terms of great customer service, a quick turnaround and flexibility in our product offerings, so that we can give our partners and customers exactly what they need to suit their individual circumstances.”

Find out more about partnering with us at https://towerstreetfinance.co.uk/partner-with-us/ or call 0343 504 7100.

This article was submitted to be published by Tower Street Finance as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Tower Street Finance

https://towerstreetfinance.co.uk/

Tower Street Finance (TSF) was set up by an experienced management team who saw a need for relevant, accessible financial products which benefit administrators of estates, executors and beneficiaries. We are passionate about using insight, data and our considerable experience to help customers with innovative products and services, including those who may be in financial difficulty. We currently have four products which are aimed at the inheritance market and they all have a common DNA. There are:

  • No credit checks
  • No risk or personal liability
  • No charge over property
  • No monthly repayments
  • No requirement for a Will
IHT Loan The IHT Loan can help when estates are effectively ‘locked’ because the executor needs to pay the IHT to get the Grant, but needs the Grant to realise the assets to pay the IHT. It’s taken out by the executor/personal representative and can solve the problem. The money is used to pay HMRC and it’s a way of meeting the IHT liability to unlock the estate with no risk or need to take out a personal loan/bridging loan. Inheritance Advance (winner of Innovation of the Year, British Wills and Probate Awards 2020) An Inheritance Advance allows beneficiaries to access a proportion of their inheritance sooner, with the Advance repaid out of the proceeds of their inheritance. This solves the problem of beneficiaries asking when they’ll be able to get their money and you having to explain that the process is complicated and lengthy. Again, there’s no risk – if another Will emerges or assets take longer to sell or sell for less than anticipated, or another debt is discovered, we take the risk. Inheritance Dispute Funding (IDF) Inheritance Dispute Funding helps people who want to dispute a will but don’t have the money to fund the legal bills. We know that one in four people would dispute an inheritance if they felt it was unfairly distributed. Contesting a will can cost up to £5k in upfront costs and there’s no guarantee your case will be taken on – with IDF the solicitor gives their opinion on the case and win or lose – we take the risk. We pay the costs and then they’re repaid from the estate proceeds. Estate Expense Funding (EEF) Estate Expense Funding is for executors who face costs while they’re dealing with their responsibilities of administering an estate. These can be unexpected but we can help cover the costs until the inheritance is released Executors could be liable for expenses such as funeral costs, professional fees, house and garden maintenance and more. We pay the costs and then they’re repaid from the estate proceeds
Key Services
Key Contact Richard (Dicky) Davies, Business Development Director Tel: 07702 559051 Email: [email protected] LinkedIn Acc: Dicky Davies Facebook: Tower Street Finance Instagram: Tower Street Finance
Address: 46 Tower Street Harrogate North Yorkshire HG1 1HS

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