Settlement Advance

Access Your Divorce Settlement Now

  • Don't wait, access your divorce settlement now with a settlement advance loan, and move forward.
  • You could access 50% of your settlement today
  • No monthly repayments required. Repaid upon settlement distribution. 
     

Unlock your divorce settlement early with a settlement advance loan

Level’s Settlement Advance Loans let you access up to 50% of your expected divorce settlement, without waiting for the other side. So you can move on faster. 

Flexible Drawdown Facility

You are only charged for what you draw down from the facility.

Based on your settlement, not your circumstance

We assess loan affordability based on your divorce settlement, not your personal income.

No monthly payments

Interest is rolled up throughout the term of the loan, with repayment made upon distribution of your divorce settlement.

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What will happen once I apply?

Our team will call you within 24 hours to find out more about your situation. After a brief call, we’ll send you a full application form to complete.

How does a Divorce Settlement Loan work?

 

1

You or your solicitor will submit an initial enquiry with the basic details of your case so that we can assess your eligibility for a loan.

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2

With your approval, your family solicitor will complete and submit our application form along with the relevant case documentation.

Our dedicated underwriters will review the information provided and answer any questions with you and your legal team.

A member of our team will then talk you through how the loan works and formally offer funding.

The next step is to take independent legal advice on the loan documentation. Once all the documents have been executed, the loan facility will be live.

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3

Interest is rolled up meaning there are no monthly payments.

The loan is secured with a Deed of Assignment over your settlement, which assigns your settlement proceeds to be paid directly to your family solicitor’s client account. They will repay the full amount owed to Level under the loan agreement before releasing funds to you.

You can repay your loan early, in full or in part, at any time with no early redemption fees.

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Speak to us today
020 7205 2870

FAQ's about
Settlement Advance Loans

All of our loan facilities have a 1-2% administration fee. The interest rate can vary depending on the size and complexity of your loan.

The loan is set up as a draw-down facility so you can request funds as and when you need them. You will only pay interest on the amount drawn down from the date that funds are transferred. We will never make a payment without your written approval. We pay legal fee funding directly to your solicitor’s client account and living expenses loans directly to your nominated bank account.
No. Interest is rolled up, only becoming due when the loan is repaid as a lump sum in accordance with the terms of the loan agreement.

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