What is a No Win, No Fee Agreement?

A "No Win, No Fee" agreement, also known as a Conditional Fee Agreement (CFA), is an arrangement between you and a solicitor. Under this agreement, you only pay the solicitor’s fees if your claim is successful. This ensures that clients can seek legal representation without the risk of upfront costs, as the solicitor takes on the financial risk.

How Does It Work?

In the UK, the solicitor and client sign a CFA that clearly outlines the solicitor's fees, which will only be paid if the claim is successful. These fees are usually capped at a percentage of the compensation awarded, typically up to 35%. This arrangement allows clients to pursue their claims confidently, knowing they are protected from legal costs if the claim is unsuccessful.

Benefits of No Win, No Fee Claims

No Win, No Fee claims offer significant advantages, especially for clients who may not have the financial resources to pay for legal representation upfront. With this arrangement:

• Clients can pursue their claims without the fear of financial risk.
• The solicitor assumes the financial risk, giving clients peace of mind.
• The solicitor is motivated to secure the highest possible compensation since their fee is based on a percentage of the award.

What Happens If You Cancel?

If you decide to cancel your claim after 14 days, the solicitor may charge a termination fee. This will be detailed in the solicitor’s terms and conditions, so it’s important to read these carefully before proceeding.

How Solicitors Get Paid

If your claim is successful, you will receive 100% of the awarded compensation. From this amount, you will pay the solicitor's agreed-upon fee, typically capped at 25-35% (including VAT). This ensures that the solicitor works in your best interest to secure the highest possible compensation. At My House Disrepair, our solicitors only take on cases with a strong likelihood of success, usually more than 50%.

Transparency and Trust

At My House Disrepair, we only work with solicitors who operate on a No Win, No Fee basis. Before your case begins, all terms and fees will be clearly outlined, ensuring that you have a full understanding of the process and your obligations. Our solicitors are dedicated to guiding you through each step of the claim, ensuring your peace of mind throughout.

The solicitors we recommend will charge between 25-35% (inclusive of VAT) of the compensation awarded. If you cancel the agreement after the initial cancellation period, a termination fee may apply. For more details, please review the solicitor’s terms and conditions.

At My House Disrepair, we connect you with expert solicitors who are committed to securing the best possible outcome for your claim.