We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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…

Comments

ManyWays Posts: 1,572 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.

1