Our partners

Tower Street Finance

Tower Street Finance is an inheritance lending specialist that offers accessible financial products for inheritance beneficiaries, Executors, Administrators, and people who want to fund the legal cost of disputing an inheritance. Regulated by the Financial Conduct Authority, Tower Street Finance has three unique financial products, developed through working closely with the legal sector.

Services:

Inheritance Advance

Inheritance Advance is the first product of its kind that enables beneficiaries to access a large proportion of their inheritance much sooner than they would normally be able to – and the proceeds can be used for any reason. Inheritance Advance is available with no credit checks, no charge over the property, no personal liability, no monthly repayments and a fixed interest rate; there doesn’t even need to be a Will.

Benefits include:

• Improved service offering to your clients

• Reduces queries regarding progress on distribution

• Referrals from Tower Street Finance where clients need an Administrator

    

Inheritance Tax Loan

The Inheritance Tax (IHT) Loan helps the thousands of families each year who are denied access to their loved one’s legacy because they cannot afford the tax bill. The IHT Loan solves the problem by providing a loan, which is paid directly to the Inland Revenue, allowing families to start the legal process and receive their inheritance. The loan is repaid from the estate funds once the Grant of Probate has been issued. The IHT Loan is available with no credit checks, no charge over the property, no personal liability, no monthly repayments and a fixed interest rate.

Benefits include:

• Unlocks estates where there are no liquid assets to pay IHT

• Provides workable solutions to your clients

• Enables swifter billing of probate services

    

Inheritance Dispute Funding

Inheritance Dispute Funding is a loan to cover the legal costs of disputing an inheritance. It’s a unique financial product because, unlike others, Tower Street Finance don’t ask customers to jump through expensive hurdles to assess their dispute, there are no credit checks, no charges over property, no personal liability and no monthly repayments. 

Benefits include:

• Generates incremental business

• Adds another product offering to your range of services

• Provides more viable solutions to clients

     

To find out more or make an enquiry directly with Tower Street Finance, please click the button below:

Cater Allen Private Bank

With a history dating back to 1816, Cater Allen is experienced in providing specialist solutions for your clients with tailored accounts for Trustees, Executors, Personal Representatives and Attorneys. They are a wholly owned subsidiary of Santander UK plc and enjoy the benefits of their shared strength and security. Santander UK plc has an A credit rating. Cater Allen have their own banking license and are covered separately by the FSCS guarantee.

They have longstanding experience of working with and understanding the requirements of Trusts and their Trustees. Cater Allen's accounts can also be used by Executors or Personal Representatives appointed to administer the estate of a person who has passed away. They also offer tailored accounts for professional deputies who manage the financial affairs of clients who don’t have the capacity to make decisions themselves.

There is no need to book an appointment to open an account and accounts can be operated by telephone, by post and online, depending on the type of account held. The monitoring of accounts is available online via their dedicated Intermediary portal and professional, informed support can be provided to clients via a dedicated UK-based client contact centre.

Cater Allen's accounts:

Current accounts: Day-to-day bank accounts

• Reserve Account for Trusts - Allows up to 30 day-to-day debit transactions per month without incurring a transaction fee, with no minimum balance and no annual or monthly account fees. Day-to-day debit transactions on the Reserve Account for Trusts are cheque withdrawals, Standing Orders, Direct Debits, bill payments and electronic payments.

• Sterling Bank Account - A personal current account for Executors, Personal Representatives and Attorneys, which offers full banking facilities with no annual or monthly fees and unlimited free day-to-day transactions each month.

• Investment Account - This account is also appropriate for Executors, Personal Representatives and Attorneys and offers full banking

  facilities, allowing up to 20 day-to-day debit transactions per month, without incurring a transaction fee, with interest paid on balances above £500,000.
  
  

Notice accounts

The Cater Allen notice accounts allow clients to make an unlimited number of withdrawals free of charge, providing they’re able to give the notice required. They are suitable for clients who may not require immediate access to their funds. If the balance of the account is over £5,000 you are able to make one withdrawal, without notice, free of charge per calendar year for an amount not exceeding £2,500. Interest is paid on balances above £5,000. 

To find out more, please click the button below to visit the specialist banking area of the Cater Allen website for full details.

To make an enquiry directly with Cater Allen, please contact them at NewAccountEnquiry@caterallen.co.uk