This page explains our fee structure and how they relate to your claim(s) with us.
Mis-Sold Car Finance claims work on a no win-no fee basis, also known as a Conditional Fee Arrangement. This means that there is no upfront cost to start a claim, and we will not take a fee unless your claim is awarded compensation. This fee structure makes starting a claim much more flexible and easy, and there is no financial burden in the case of an unsuccessful claim. If your claim is successful, your legal fees will be covered by the compensation awarded, meaning that a fraction of the total compensation will be taken by us in the form of a success fee, and the rest will be awarded to you.
As stated before, a no win-no fee agreement covers any legal fees we incur in the case of a unsuccessful claim, meaning that you have no liability to pay fees in the event of a unsucessful claim. The only exception to this is if it is found that the terms of agreement surrounding your claim(s) have been breached. If this is found to be true, you may be liable to pay our costs and disbursements.
We operate a fully transparent fee structure regarding Mis-Sold Car Finance claims that comply with the FCA's guidance on this matter. This fee is categorised by the amount awarded as the guide below shows:
| Total Compensation | Our Fee | Fee Including VAT | Total Fee | You Receive |
|---|---|---|---|---|
| Category 1 - £0-£1,499 (Example: £1,000 Awarded) | 30% | 36% | £360 | £640 |
| Category 2 - £1,500-£9,999 (Example: £1,600 Awarded) | 28% | 33.6% | £537.60 | £1,062.40 |
| Category 3 - £10,000-£24,999 (Example: £10,000 Awarded) | 25% | 30% | £3,000 | £7,000 |
| Category 4 - £25,000-£49,999 (Example: £25,000 Awarded) | 20% | 24% | £6,000 | £19,000 |
| Category 5 - £50,000 or above (Example: £50,000 Awarded) | 15% | 18% | £9,000 | £41,000 |