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Credit Card Borrowing prior to inheritance settlement

timg147 · 2023-09-12 16:25:25

Hi All Just looking for some thoughts. I am shortly (not fully sure how long) to get a reasonably large inheritance. We lost both parents last year. My mums probate was granted about 3 weeks ago, my fathers probate application went in 3 or 4 weeks afterwards - so logically his grant of probate is not far off. I'm not sure…

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ManyWays Posts: 1,382 Forumite

15 September 2023 at 9:28AM

There are probate backlogs and time is very unpredictable - logic doesn't come into it. Also property chains are much more fragile at the moment, so houses take longer to sell.

Unless you can get an advance payment, I suggest delaying this purchase.

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