Provira [1] and Honey Legal (“Honey”) have teamed up to form what is proving a formidable partnership –offering Honey’s probate clients with a market-leading, bespoke finance solution designed to bridge the often lengthy and unpredictable probate process.
Probate Advances have assisted a number of Honey clients in gaining instant access to a portion of their future inheritance, allowing them to pay deposits on new homes, complete home improvements and even finance emergency dental surgery. Other use cases include renovating properties within the estate in order to increase the value of an inheritance, paying off expensive/personally guaranteed debts, paying associated legal fees and more.
Speaking of the burgeoning partnership, Provira CEO Rael Sarembock commented: “We’re extremely proud to be Honey’s exclusive finance partner, helping their Probate clients with our innovative finance solutions. Not only are Honey a pleasure to work with, but their obsessive focus on customer service is totally aligned with our own customer-first culture. Whilst our offering is naturally not required by all of their customers, it has proven extremely effective in specific circumstances, whilst our close working relationship has assisted us in developing new product features that we’re extremely excited to be bringing to market soon.”
Honey’s Probate Manager Nathan Pavey echoed the positive sentiment. “We are excited to be offering an innovative, value-add service to our clients – further differentiating Honey as a market leader in the Probate space. Our close working relationship with Provira means that once a client of ours completes a Probate Advance application, there’s little more for them to do. We’ve also been really impressed with the speed and professionalism Provira have shown at all times.”
Provira currently provides Probate Advances to UK beneficiaries – allowing them immediate, risk-free access to a portion of their future inheritance, as well as Estate Advances to executors who require cash to cover inheritance tax (IHT) payments in order to expedite a grant of probate. The company is excited to be launching several new products over the coming weeks and months to further differentiate its offering to both beneficiaries and professional partners.
Provira partners with administrators, solicitors, IFA’s, will writers and other service providers who deal with UK beneficiaries and estates. Get in touch via partners@provira.com [2] to find out how to work with Provira in order to better serve your clients.