
In 2019, following the passing of their neighbour, two farmers were named sole executors and beneficiaries of her estate, which included farmland directly adjacent to their own.
Instead of selling the property, they decided to maintain the land and continue its upkeep. Over time however, financial pressure mounted and they fell behind on mortgage payments related to their own farm.
After some weeks, their mortgage provider threatened to repossess their farm if they did not clear the outstanding mortgage within a matter of days. The couple turned to an intermediary, who introduced them to Level’s team for an Inheritance Advance loan. Level moved quickly to assess the situation and process their application.
Within five working days, the loan was approved, and the funds were paid directly to the mortgage lender. The repossession was avoided, and the couple were able to wait for the completion of probate and sale of the farmland. By unlocking a portion of their inheritance early, they successfully navigated a difficult financial situation in just days.
This is a great example of how Level provides practical, time-sensitive support to beneficiaries during the probate process—bridging the gap between probate delays and customer requirements.
The Inheritance Advance was turned around in under 7 days from enquiry.
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