Price Transparency

Range of fixed fees to a debt that is undisputed

These costs apply where your claim is in relation to an unpaid invoice which is not disputed where the debtor is located in England and Wales and the courts within England and Wales have jurisdiction. If the other party disputes your claim at any point, 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.

Pre-action

We charge a fee of £250 plus VAT (£300 in total) for a letter before action. This fee includes:

  • Taking your instructions and reviewing documentation;
  • Sending a letter before action; and
  • If the debt is paid, receiving payment and sending onto you;

The above fees do not include:

  • Any additional correspondence or communications (either telephone or written) with the debtor or their legal representative, including negotiation of payment terms.

It may be possible to add contractual interest to the sum claimed or statutory interest, a fixed sum and costs under the Late Payment of Commercial Debts (Interest) Act 1998.

A 2-week period is given to the debtor to pay in business to business claims and 30 days is given to the debtor where they are an individual or sole trader.

Court proceedings to default Judgment stage

Debt Value Court Fee* Our Fee Total Solicitor’s Fixed Costs for Requesting Judgment
Up to £300 £35 £700 plus VAT (£840 total) £875 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£300 – £500 £50 £700 plus VAT (£840 total) £890 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£500 – £1,000 £70 £700 plus VAT (£840 total) £910 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£1,000 – £1,500 £80 £700 plus VAT (£840 total) £920 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£1,500 – £3,000 £115 £700 plus VAT (£840 total) £955 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£3,000 – £5,000 £205 £700 plus VAT (£840 total) £1,045 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£5,000 – £10,000 £455 £700 plus VAT (£840 total) £1,295 £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

>£10,000 – <£100,000 5% of the claim £700 plus VAT (£840 total) Unknown £22 – Where the amount of the judgment exceeds £25 but does not exceed £5,000;

£30 – Where the amount of the judgment exceeds £5,000.

*Court fees correct as at 18th February 2021, any changes to the court fees are outside of our control.

The above fees include:

  • Drafting and issuing claim through the County Court Money Claims Centre;
  • Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgment in default;
  • When Judgment in default is received, to write to the other side to request payment; and
  • If the debt is paid, receiving payment and sending onto you.

The above fees do not include:

  • Any correspondence or communications (either telephone or written) with the debtor, including negotiation of payment terms;
  • Dealing with any response or application by the debtor to the court, either before or after Judgment;
  • Attending any hearing, including relating to payment amount or terms.

Any interest and compensation claimed may take the debt into a higher banding, with a higher cost.

You may not recover every penny that you spend and there may be a short fall between the sum you can claim from the debtor and how much it costs you. In each case the court fee will be included within the claimed sum together with fixed commencements costs (currently £35 for claims up to £300, £50 for claims up to £500, £70 for claims between £500 and £1,000, £80 for claims between £1,000 and £5,000, £115 for claims between £1,500 and £3,000, £205 for claims between £3,000 and £5,000, £455 for claims between £5,000 and £10,000 and 5% of the value of the claim for claims between £10,000 and £100,000) and fixed Judgment costs (see above).

We estimate that this section of work will take approximately 2 months.

Enforcement

In the event that the debtor does not pay the Judgment debt, one or more of the following methods of enforcement may be used.

Action Fixed cost
Standard letter post-judgment £100 + VAT (£120 total)
Action to trace debtor £150 + VAT (£180 total)
Prepare and apply for a Warrant Of Control £600 + VAT (£720 total)
Prepare and apply for a Third-Party Debt Order £600 + VAT (£720 total)
Prepare and apply for an Attachment of Earnings Order £600 + VAT (£720 total)
Prepare a statutory demand £300 + VAT (£360 total)
Prepare a Section 146 Notice £300 + VAT (£360 total)
Prepare and apply for an Interim Charging Order and registration of the Order at HM Land Registry £300 + VAT (£360 total)
Serve the Interim Charging Order and arrange an attendance at the Final Charging Order hearing £350 + VAT (£420 total)

The above fees include:

  • Making appropriate court application and dealing with court orders as appropriate;
  • If the debt is paid, receiving payment and sending onto you.

The above fees do not include:

  • Any court fees or other disbursement costs;
  • Instruction of Barrister or attendance at any hearing;
  • Any correspondence or communications (either telephone or written) with the debtor, including negotiation of payment terms;

Fees relating to disputed matters:

In the event that any debt is disputed, our fixed fee pricing will cease to apply and work will be charged at an hourly rate depending on the litigation staff who will be working on your matter, as per the table below:-

Partner £350 plus VAT per hour
Solicitor £275 plus VAT per hour
Trainee £250 plus VAT per hour
Paralegal £200 plus VAT per hour
Trainee Paralegal £150 plus VAT per hour

Any court fees or disbursements may have to be paid in addition to our fees.

Time scales of key stages:

The standard time scales and key stages of work depend on whether the matter proceeds to court, tribunal or a different forum. If the matter proceeds to court after the pre-action stage and the issue of proceedings, then it could be up to 12 months before your matter is concluded. For the tribunal, there may be a turnaround of between 3 to 9 months depending on the capacity of the tribunal.

Alternative funding methods

It may be possible to fund your matter by virtue of a conditional fee agreement, or, by way of a damages based agreement. The availability of such funding options will depend on the circumstances of the debt. If you wish to discuss these options, then please contact James Naylor by e-mail and he will telephone you to consider your options.