Heather Pollard, Head of Underwriting at Tower Street Finance offers answers to some of the most common questions people have about inheritance tax. More and more people are turning to Google for information on “Inheritance
His Majesty’s Revenue and Customs office has clarified its position on how and when it will be prepared to offer a grant of probate on credit where inheritance tax is due to be paid, and
Heather Pollard, Head of Underwriting at Tower Street Finance explains the issues that can arise when receiving a shared inheritance, as well as how to navigate them. When dealing with bereavement, disagreements with surviving family
Harrogate-based financial solutions provider, Tower Street Finance, is pleased to announce the appointment of Dan Baines as its new Chief Commercial Officer. Dan’s role will see him spearheading the business’s growth in the fast-growing probate
New research has revealed over half (58%) of adults in the UK are expecting to inherit at least one residential property in their lifetime, though rising costs are driving an increased number to take out
Pollen Street Capital are pleased to announce a new senior secured credit facility with Tower Street Finance, the market leader in UK Probate Lending. Founded in 2019, Tower Street Finance is a regulated provider of
Following the recent Autumn Statement announcement that the Inheritance Tax threshold will be frozen until 2028, we look at whether this is positive or negative for the average person. Whilst not a headline tax increase,
Inheritance tax (IHT) is possibly one of the most talked about taxes (after Income Tax) in the UK. For some, it is the most unpopular tax; for others, it is the most justifiable tax. Here
Rising living costs are not only impacting the quality of life experienced by millions of people at the moment, but new research has revealed that they’re also set to significantly impact the financial legacy that
Unless you have been out of the country for some time, you’re probably aware of the growing issue around the cost of living. The increased cost of living is creating real hardship for many and,
Cryptocurrency has created many new considerations and challenges for the financial world, and it seems to be continuing to shake things up as HMRC now consider cryptocurrencies to be an IHT liability. So what is
During this unprecedented time of financial challenges, increasing inflation is causing real issues with families across the UK. Experts predict that inflation will reach a 40-year high which is contributing to the continued increase in
There are a host of areas and products that you can invest in these days, but property continues to be a major draw for many. The recently published English Private Landlord Survey 2021 explored the
Is there any such thing as a typical household these days? A whole host of living arrangements have become common across the UK, from married couples buying homes to friends sharing flats. Some adult children
A leading law firm reported on a recent case and found that Inheritance Act claims rose by 72% in 2021. On top of this, the cost of living is not helping the increase. This also
We are still expanding the business for growth and have a new role – head of broker – which Nicolas Partington has just been appointed to. He comes from a background in financial services, so
We recently helped out Meadows Ryan solicitors in Weybridge with a case where an estate was locked because the IHT liability could not be paid and professional fees were racking up. The estate of the
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
Tower Street Finance is continuing to expand its team with two more new hires. As the company scales up the business development team has expanded, so David Crooke has been recruited to head up the
At Tower Street Finance, we pride ourselves on finding solutions to the financial challenges of probate. That is why we listen to our customers and partners and take on board their feedback. Our Inheritance Tax
Tower Street Finance, the market leader in inheritance lending and Kings Court Trust, one of the UK’s largest probate provider have entered into a new partnership. The deal will benefit both companies but more importantly
Tower Street Finance has surpassed the target it set at the start of 2021 to raise valuable funds for Cruse Bereavement Care – its official charity partner for the year. The goal was to reach
Gill Steel, founder of Lawskills, the learning and development consultancy for private clients, hosted a discussion about the benefits of Tower Street Finance’s products and services recently. She was joined by Foot Anstey partner Rachel
As part of our continued growth, we’ve welcomed four new colleagues to the Tower Street Finance team over the last month and this week we’re excited to announce another two have joined us to complete
Tower Street Finance was able to offer a speedy and efficient service to an IFA and solicitor for a case where a large Inheritance Tax bill was due within days, with no means to pay.
Hot on the heels of our announcement last week about new team members, we’re delighted to welcome another two to Tower Street Finance. Richard Dearden joins us from Irwin Mitchell where he was head of
We’re pleased to announce the addition of two new team members to Tower Street Finance. This week we’ve welcomed Anya Carter our new customer support manager and Nick Lacey who will cover the London
A recent court ruling saw the claimant of a contentious probate case being able to recoup the success fee uplift which was part of the ‘no win no fee’ arrangement she had with her solicitor.
Tower Street Finance has partnered with Executor Solutions to offer its clients a simple, risk-free way to fund the administration of estates. Following the launch of its Estate Expense Funding, Tower Street Finance was able
Serious issues and confusion are being caused for families who are unable to communicate clearly with each other over inheritance planning. A recent report* found that 47% of people don’t intend to split their
We’ve been providing products to customers for more than two years now, and in that time have learnt that there is no such thing as a typical customer. They all have different needs for all
Following Boris Johnson’s announcement about a £12bn a year tax hike to cover Health and Social Care, experts’ attention has moved onto wealth taxes and they have been giving their opinions on what ‘could’ and