We offer a range of pricing structures to suit our clients’ individual requirements. These pricing structures vary depending upon whether the instruction is at the:
For pre-action recovery work our pricing structure includes a fixed fee option, an hourly rate option and a success based percentage arrangement.
Prior to legal action our team offer a service whereby a letter before action is sent and this will cost between £2.50 and £25 dependent upon the nature of the debt, the debtor and the volume of cases instructed upon. Each fee is agreed with those who instruct us before any work commences.
Hourly rate option for pre-legal recoveries
Our success based pricing structure varies dependent upon the level of the debt book and the Jurisdiction:
The percentage charged, will be dependent upon, the complexity of the debts, the nature of the debtors and the volume of same. Where the debt is of a regulated nature all applicable policies will be followed.
To issue a claim for money, the following fees will be payable based on the amount claimed, including interest:
Claim Amount | Court issued claim | Money claim online (MCOL) |
---|---|---|
Up to £300 | £35.00 | £25.00 |
£300.01 – £500 | £50.00 | £35.00 |
£500.01 – £1,000 | £70.00 | £60.00 |
£1,000.01 – £1,500 | £80.00 | £70.00 |
£1,500.01 – £3,000 | £115.00 | £105.00 |
£3,000.01 – £5,000 | £205.00 | £185.00 |
£5,000.01 – £10,000 | £455.00 | £410.00 |
£10,000.01 – £100,000.00 | 5% of the claim | 4.5% of the claim |
£100,000.01 – £200,000.00 | 5% of the claim | You cannot make a claim online |
More than £200,000.00 | £10,000.00 | You cannot make a claim online |
Where the value of the claim exceeds £25 but does not exceed £500 | £50.00 |
Where the value of the claim exceeds £500 but does not exceed £1,000 | £70.00 |
Where the value of the claim exceeds £1,000 but does not exceed £5,000; or the only claim is for delivery of goods and no value is specified or stated on the claim form | £80.00 |
Where the value of the claim exceeds £5,000 | £100.00 |
(a) Where the amount of the judgment exceeds £25 but does not exceed £5,000
(b) Where the amount of the judgment exceeds £5,000
Where judgment in default of an acknowledgment of service is entered under rule 12.4(1) (entry of judgment by request on claim for money only) | (a) £22.00 (b) £30.00 |
Where judgment in default of a defence is entered under rule 12.4(1) (entry of judgment by request on claim for money only) | (a) £25.00 (b) £35.00 |
Where judgment is entered under rule 14.4 (judgment on admission), or rule 14.5 (judgment on admission of part of claim) and claimant accepts the defendant’s proposal as to the manner of payment | (a) £40.00 (b) £55.00 |
Where judgment is entered under rule 14.4 (judgment on admission), or rule 14.5 (judgment on admission of part of claim) and court decides the date or time of payment | (a)£55.00 (b) £70.00 |
These costs apply where the claim is in respect to an unpaid invoice which is not disputed. If the other party disputes your claim at any point, then we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.
Issuing the Warrant | £65.00 plus VAT |
Court fee | £110.00 |
Recoverable court costs | £2.25 |
Our charge | £50.00 plus VAT |
Recoverable fixed costs | £51.75 inc of VAT |
Court fee | £66.00 |
Issuing the Order | £75.00 Plus VAT |
Court fee | £110.00 |
Agents fees for service | c£90.00 – £150 (+ VAT) This will be dependent upon the matter being defended or not. |
Cost if Bailiff service required | £100.00 |
Issuing and obtaining order | hourly rates will apply £240 for a partner and £120 for a legal assistant |
Court fee | £110.00 |
Issuing and obtaining Attachment of Earnings | £125.00 |
Court fee | £110.00 |
Agents fees for attending court if required | c£150.00 plus VAT |
Issuing and obtaining Charging order, including registering pending and final at Land Registry | £450.00 |
Court fee | £110.00 |
Land registry fee | £40.00 |
Fee for office copies | £3.00 (+VAT) |
Agents fees for attending court if required | c£150.00 plus VAT |
Issuing and serving a Statutory Demand | £85.00 |
Agents fees for service | c£90.00 (+VAT) |
Issuing Bankruptcy / Winding up proceedings | £750.00 |
Official Receivers deposit | £990.00 |
Court fee | £280.00 |
Land registry search fee | £2.00 |
Agents fees for service | £90.00 (+VAT) |
Agents’ fees for attending court | c£150.00 |
Official Receivers deposit | £1600.00 |
Court fee | £280.00 |
Agents fees for service | £90.00 (+VAT) |
London Gazette fee | £84.60 |
Agents’ fees for attending court | c£150.00 |
Anyone wishing to proceed with a claim should note that:
Our fees includes:
Matters usually take 8 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim. This is on the basis that the other side pays promptly on receipt of Judgement in default. If enforcement action is needed, the matter will take longer to resolve and could take between eight and 12 months.
These figures may vary in cases with special complications. Which is why we will always give you an individual cost estimate at the start of each instruction. We will always advise you straight away about any complication, and discuss the potential impact on price before any additional fees are incurred.
Information about our debt recovery team can be viewed here.