Mortgage & probate

Amadoro

Hi
I want to buy a property worth around £500,000.
I have around £360,000. I can get a mortgage around £90,000. I have a shortfall of around £50,000. However I have an inheritance that is going through probate, worth around £120,000, which should be freed up hopefully by August. In case of emergencies I could also retire and free up a lump sum in 3 months of £60,000. 
So I'm not overstretching myself at all.
Is there a product that will take into account that I will definitely be able to pay off the mortgage (and therefore get one bigger than £90,000) without waiting until August? If it's relevant I'm aged 60
thanks

JGB1955

Whilst the inheritance might be going through probate I would also guess that there's no guarantee that anything will be left after paying any debts of the estate.  Perhaps you can persuade the executor(s) to give you an advance???

Amadoro

No, there will be £120,000 left after all the fees etc.
I understand that the process of gaining an advance (I am the executor) is costly and also takes time however

kingstreet

Amadoro said:

Is there a product that will take into account that I will definitely be able to pay off the mortgage (and therefore get one bigger than £90,000) without waiting until August? If it's relevant I'm aged 60
thanks

Not that I can think of...