FEE DETAILS
BESPOKE ADVICE
We will provide clear quotes on advice sought and always ensure that you are updated regarding fees as matters progress. Much of our work will be charged on an hourly rate. The hourly rates are as follows:
Director £350.00 plus VAT
Solicitor/Legal Executive £300.00 plus VAT
Trainee Solicitor £250.00 plus VAT
Paralegal £225.00 plus VAT
ARREARS COLLECTION
Letter Before Action
Our letter before action is compliant with the Civil Procedures Rules’ Pre Action-Protocol for debt collection, the letter drafted to provide all the necessary information for debtors to truly understand their position.
This will be charged at a Fixed Fee of £275.00 plus VAT
Correspondence with debtors and advice to Clients (in relation to disputed arrears) is charged on our hourly rates:
Director £350.00 plus VAT
Solicitor/Legal Executive £300.00 plus VAT
Trainee Solicitor £250.00 plus VAT
Paralegal £225.00 plus VAT
Money Claim in the County Court
Following service of the Letter Before Action, if there is no response or settlement cannot be reached with the Debtor then a claim is issued for a money judgement in the County Court:
Our fees are based on the Track that the matter is likely to be allocated to by the Court (which is based on the amount of arrears or complexity of the matter):
Small Claims Track – Arrears between £1.00 to £9,999.00: Fixed Fee of £750.00 plus VAT
Fast Track – Arrears between £10,000.00 to £24,999.00: Fixed Fee of £1,500.00 plus VAT
Multi-track – Arrears over £25,000.00: Fixed Fee of £2,000.00 plus VAT
As part of the claim being issued (where appreciate) we will also write to mortgage providers at a fixed fee cost of £300.00 plus VAT
Disbursements by way of court fees are charged on a fee scale dictated by the level of the arrears. For more information on this please follow this link.
Application for Default Judgment:
If there is no response to the claim then we will make an application for default judgment at for a fixed fee of £22.00 plus VAT.
If the matter is defended then the it will be charged on hourly rate as highlighted above.
Section 146 Notice
Once a money judgment has been obtained, the next stage is to serve a Section 146 Notice pursuant to the Law of Property Act 1925 on the debtor and any related parties such as charge holders. This is a precursor to possession proceedings on the grounds of forfeiture of the lease.
This will be charged at a Fixed Fee of £400.00 plus VAT.
Possession Proceedings
If payment remains outstanding, then the next stage is to issue possession proceedings on the grounds of forfeiture of the lease for non-payment of service charge.
We will issue and serve formal Forfeiture proceedings on the debtor and all relevant parties.
This will be charged at a Fixed Fee of £1,000.00 plus VAT.
There is a disbursement by way of court fee of £391.00.
