TSF’s products and services – what the professionals say…

TSF’s products and services – what the professionals say…

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 Brooks and TSF director Dicky Davies. The debate was filmed and you can view it here.

Gill opened by explaining that as well as legal training for professionals, Lawskills is also always on the look-out for innovative products and services which could enhance the delivery of law firms’ work to their client base and that one of her most recent discoveries was Tower Street Finance.

What struck Gill about the range was how it would help with the problems which professionals, executors and beneficiaries have with ‘locked’ estates which are waiting to be released once the Grant of Probate is issued.

Rachel pointed out that probate can often be slowed down because of liquidity issues and that solicitors need quick and easy solutions to release the estate which could help take away the worries of delays.

The trio then delved into the detail of each of TSF’s four products – IHT Loan, Inheritance Dispute Funding, Estate Expense Funding and Inheritance Advance.

Says Dicky: “It was a really interesting and useful debate. When we developed all of our products we did our homework with the professionals, but it was really pleasing to have the confirmation that our range can help them meet the needs of their clients and help them out at a time when they need it most.”

You can also view a quick 30 second introduction to each product here…

IHT Loan

Inheritance Dispute Funding

Estate Expense Funding

Inheritance Advance

Visit www.towerstreetfinance.co.uk or call 0343 504 7100 to find out more about partnering with us.


Disclaimer by Foot Anstey LLP (“we” or “us”): These materials are for general information only. They are not legal advice nor a recommendation by us whether or not to use Tower Street Finance Limited’s products and services and should not be relied upon as such. We accept no responsibility or liability for use of these materials. Please do contact us for legal advice. See https://www.footanstey.com/regulation-compliance/legal-statement/ for regulatory information about us.

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


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