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Inheritance Release
Unlock your inheritance early
The administration period of an estate and the subsequent release of your inheritance usually takes around 12 months. During this time, you may have pressing financial needs. Level may allow you to release up to 60% of your inheritance early, which can be used for whatever you require, such as:
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Clearing tax liabilities or other debts
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Putting down a deposit on a new property
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Financing home improvements
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Purchasing a new vehicle
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Education, medical, veterinary costs
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Paying for a holiday
This is provided in the form of a fixed sum consumer credit agreement. Level takes an assignment over the inheritance monies due to you from the estate, i.e. there is no charge over land or property. The estate must be administered to distribution by a recognised administrator.
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Further Reading
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