Success Fees
Car Finance Claims
carfinanceclaim.co.uk does not charge you for our service. We act solely as an introducer. If you choose to proceed with a claim, you will enter into a separate agreement with Consultation Claims Limited, who are authorised and regulated by the Financial Conduct Authority, and will handle your claim.
Consultation Claims Limited operates on a No Win, No Fee basis. This means there are no upfront costs, and you will only pay a fee if your claim is successful. Fees are charged in bands, depending on the amount of redress or refund received. Fees shown are exclusive of VAT; VAT will be added at the prevailing rate.
Band | Redress or Refund Received | Percentage Fee | Maximum Fee |
A | £1 – £1,499 | 30% | £420 |
B | £1,500 – £9,999 | 28% | £2,500 |
C | £10,000 – £24,999 | 25% | £5,000 |
D | £25,000 – £49,999 | 20% | £7,500 |
E | £50,000+ | 15% | £10,000 |
These fees are in line with FCA guidelines on compensation refunds up to £49,999.
Cancelling
If you proceed with Consultation Claims Limited, you have a 14-day cooling-off period from the date you sign or e-sign their agreement, during which you can cancel without charge. If you cancel after this period, their cancellation policy will apply as set out in their Terms of Business.