Whilst an Inheritance Loan can be used for many things – like meeting your essential outgoings until you receive your inheritance, renovating a property, or paying university fees – it's important to note that the purpose of the loan will be part of our underwriting process. We will ask you about the intended use, to make sure it aligns with our Responsible Lending guidelines and that we're providing the best possible solution for your needs.

For Estates where there is a valid Will, Inheritance Loans are available pre and post-Grant of Probate. For intestate Estates, Inheritance Loans are available after the grant of letters of administration.

No, the loan is repaid from your share of the inheritance and has no impact on the share other beneficiaries will receive.

Inheritance Loans are designed for beneficiaries of inherited estates in the UK, who require funding between 3 and 24 months until the Estate is settled.

Beneficiaries should be UK residents.

The Estate should be administered by a Professional Firm such as a solicitor.

If there is no Will we can still provide an Inheritance Loan, providing letters of administration have been granted.

Beneficiaries who are looking to borrow less than £50,000.

Estates which are not expected to be settled within 24 months, or where a Professional Firm has not been instructed to secure the grant of probate/letters of administration and realise the assets.

Please contact us if you have any questions. If you are unsure whether the Loan is suitable for your financial needs and circumstances, you should seek independent financial or legal advice.

• The Loan amount including interest and charges will normally be repaid from your share of the assets in the Estate. This will reduce the amount distributed to you when the Estate is settled.
• The Loan will be repaid in priority to any distributions from the Estate to you.
• If you breach the terms of the loan agreement with RS Consumer Finance Limited, or the Estate is not wound up within 24 months, the Loan may become repayable by you before you receive your share of the assets in the Estate.

We require a Professional Firm approved by Ampla to confirm the assets and liabilities in the Estate, typically this firm would be instructed by the personal representatives to assist with probate / letters of administration. We also require a Professional Firm to be responsible for the distribution of certain assets in the Estate and repay the Loan to Ampla. Where this involves the sale of a property, the Professional Firm would often be the conveyancing solicitor.

We will perform a credit check on each customer, but the value of the inheritance is the key factor, not your personal circumstances or credit score.

If circumstances change and your final inheritance does not cover the balance payable on the Loan, then the lender takes the risk – we will not require you to pay the shortfall, provided there has been no default event under the Inheritance Loan terms and conditions.

Ampla Finance is not authorised to provide financial or legal advice to you. If you are unsure whether the Loan is suitable for your financial needs and circumstances, you may wish to seek independent financial or legal advice.

The Inheritance Loan is a regulated credit agreement, secured by an assignment of the proceeds you will receive from the Estate. The loan is not secured on any property or land.

You can borrow up to 50% of your share of the assets in the Estate you are due to inherit pre probate and 70% post probate. Our underwriters will assess your application and aim to give you a decision in a few working days.

There are no penalties whatsoever for repaying the Inheritance Loan early, either in a single payment or by instalments. The Loan will normally become repayable when the Professional Firm receives the proceeds of the Estate.