FAQ 2017-09-22T16:29:27+00:00
A. For successful claims we usually charge a fee of 27.5% + VAT of the total settlement. The total settlement amount includes both cash redress and non-cash redress.

We are committed to being fully transparent in explaining our fees to all our prospective clients. For this reason, below is an example of how our fees are broken down in a typical claim:

Cash Redress
Settlement Amount Payable in Cash £100,000
Amount of Settlement Fee (at 27.5%) £27,500
Amount of VAT payable on Settlement Fee (assuming prevailing rate of 20%) £5,500
Amount payable including VAT on cash redress £33,000

Non-Cash Redress
Break Cost Saving £20,000
Amount of Settlement Fee on Non-cash Redress (at 27.5%) £5,500
Amount of VAT payable on Settlement Fee on Non-cash redress (assuming prevailing rate of 20%) £1,100
Amount Payable including VAT on Non-cash redress £6,600

Total Settlement Fees
Total Settlement Fees including VAT £39,600

A. We provide a full claims service for securing redress if you have been mis-sold a financial product. Our specialist team is made up of ex-bankers and practicing solicitors from our trusted legal partners, Square One Law. We know how banks work and we know how to reclaim the money your business could be owed.
A. If you have a problem with your Business Banking Loan or hedging product, please call our specialists. We will let you know within five minutes if you can make a claim. If we identify an issue, then we will take on the claim and pursue it to resolution either through the bank’s complaints process, the Financial Ombudsman or litigation. We will support you through the entire process and go through all your contracts, leaving you to focus on your business. There’s no obligation, simply call us on Freephone 0800 083 0268.

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