Inheritance Tax Loans

We are investigating whether changes to inheritance tax (IHT) coming into effect over the next few years are likely to drive demand for loans to help executors pay IHT and other costs associated with the administration of estates, and whether there may be increased demand from beneficiaries who wish to take out loans against future inheritance.   

If there is likely to be a growing demand, this raises a question of whether CLC practices anticipate a need to make referrals to specialist lenders, in which case they would be engaged in ‘credit broking’, a regulated activity under the Financial Services and Markets Act 2000.  This in turn raises the important question of whether credit brokering should fall to be regulated by the CLC.    

To inform our consideration of these issues and gather evidence to support any future Council decisions on the policy questions this raises, we are conducting a short survey inviting the views of probate professionals and practices.  It should take no more than 10 minutes to complete the survey and will run until 31 October 2025.   

If you would like to provide input other than through the survey, please email Catherined@clc-uk.org.     Please be assured that responses will be confidential and data will be used to solely for purposes of this policy work.  Any data relied on in published reports or policy papers will be fully anonymised.    

Respond to our short survey now