Debt Recovery Fee
We may offer retainership on an Hourly or Fixed Fee basis.
Our Hourly Rates are as below:
|
Grade, Qualification and Experience of Fee Earner |
Hourly Rate |
VAT (Charged at 20%) |
Total |
|---|---|---|---|
|
A- Solicitors and legal executives with over 8 years’ experience |
£300 |
£60 |
£360 |
|
B- Solicitors and legal executives with over 4 years’ experience |
£250 |
£50 |
£300 |
|
C- Other solicitors or legal executives and fee earners of equivalent experience |
£200 |
£40 |
£240 |
|
D- Trainee solicitors, paralegals and other fee earners |
£170 |
£34 |
£204 |
Debt Recovery Fixed Fees From:
|
Description |
LEGAL FEES |
VAT ON FEES |
TOTAL |
|---|---|---|---|
|
Claim up to £5,000 |
£495.00 |
£99.00 |
£594.00 |
|
Claim from £5,001 to £10,000 |
£1000.00 |
£140.00 |
£840.00 |
Additional Fees which apply to every sale:
|
Item |
Fees from |
VAT ON FEES |
TOTAL |
|---|---|---|---|
|
Photo Copy + Fax + Telephone |
£35 |
£7 |
£42 |
|
ID & Fund Checking Fee |
£50 |
£5 |
£55 |
|
Each Bank Transfer Fee |
£50 |
£5 |
£55 |
|
Lawyers Check / Buyers Solicitors Verification |
£50 |
£5 |
£55 |
|
File Storage Charges |
£20 |
£4 |
£24 |
If it becomes apparent that there are matters which we were unaware of at the outset of the matter, we reserve the right to increase our fees. We will of course inform you of this immediately.
Disbursement which may apply:
Please note that some matters will have additional disbursements that apply; however, we will not be aware of these until the work commences. These disbursements are payable to third parties we have no control over. As soon we become aware of any additional disbursements we will inform you.
If you have any queries please get in touch
Tuya
