*Using our specialist AI-powered solution, we identify an average estimate of 2 agreements per client. This means our clients could achieve an average estimate settlement of around £1,660 on the basis of the FCA’s estimated redress, per agreement, being around £830. These aren’t guaranteed amounts and all claims are subject to eligibility. On the basis of the FCA’s estimated redress, per agreement, being around £830. Redress amounts depend on individual circumstances and eligibility.
**No Win No Fee means you only pay our fees if your claim is successful and you abide by the terms of our agreement. Our fee for a successful claim that is settled without litigation is up to 36% inclusive of VAT. If your claim is settled through litigation, the maximum deduction is capped at 48% inclusive of VAT. Your claim would only be litigated if we believe you will achieve a better outcome. You can cancel without charge within 14 days of instructing us. For cancellations after 14 days, we can charge for our reasonable costs.
***“Legal group” refers to the SRA-regulated law firms within our group. The 800,000+ clients supported and £100M+ recovered figures reflect the combined experience of those firms over the past 15 years across a wide range of consumer and financial claims, not solely motor finance claims.
The Financial Conduct Authority (FCA) has introduced a free to use motor finance Consumer Redress Scheme. It has indicated that redress may be an average estimate of around £830 per agreement. The total estimated amount to be paid to consumers is £7.5b.
You can claim at no cost directly to the lender and then to the Financial Ombudsman Service, without using the services of a law firm or claims management company.
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Details of any finance agreements we find from our checks and investigations will be provided after we have been instructed and we will pursue any claims we identify that have merit.
MySolicitor is a trading name of Blue Lion Law Limited, authorised and regulated by the Solicitors Regulation Authority (SRA Number: 815166). Company registered in England and Wales (No. 12276560). Registered office: The Centro Buildings, 20-23 Mandela Street, London, NW1 0DU.