Conditional Fee Agreement (No Win, No Fee)
Locksley Law acts under a Conditional Fee Agreement (CFA) — commonly known as No Win, No Fee. This means:
- You pay nothing upfront to start or continue your claim.
- If your claim is unsuccessful, you owe us nothing for our work.
- If your claim is successful, you pay a Success Fee — a percentage of your compensation — as set out below.
All fees are exclusive of VAT. VAT at the prevailing rate (currently 20%) will be added to the Success Fee at the point of invoice.
FCA Fee Bands — Motor Finance Claims
For regulated financial services complaints (including PCP and HP motor finance mis-selling claims), the FCA sets maximum fee caps. Our fees are always at or below these caps:
| Amount Recovered | Success Fee | Maximum Fee (ex. VAT) | Example |
|---|---|---|---|
| £1 to £1,499 | 30% | £420 | £1,000 → £300 + VAT |
| £1,500 to £9,999 | 28% | £2,500 | £3,000 → £840 + VAT |
| £10,000 to £24,999 | 25% | £5,000 | £15,000 → £3,750 + VAT |
| £25,000 to £49,999 | 20% | £7,500 | £30,000 → £6,000 + VAT |
| £50,000 and above | 15% | £10,000 | £60,000 → £9,000 + VAT |
All figures exclusive of VAT. The Success Fee is calculated on the total compensation recovered, including any interest awarded.
Disbursements and Court Costs
In the majority of motor finance claims, no disbursements are payable. However, if your case proceeds to litigation (court proceedings), the following may apply:
- Court fees: Payable to HMCTS when issuing or responding to a claim. These vary by claim value.
- Expert reports: If required, we will notify you of the cost in advance.
- After-the-Event (ATE) insurance: For litigated cases, we arrange ATE insurance to cover adverse costs (the other side's legal costs if you lose). The premium is only payable if you win — you pay nothing if the case is unsuccessful.
We will always notify you before incurring any disbursement costs and will never charge without your prior agreement.
Cancellation Rights
You have the right to cancel your agreement with Locksley Law within 14 days of signing your Letter of Authority, at no cost and without giving any reason.
To cancel within the cooling-off period, contact us in writing:
- Email: contact@locksleylaw.co.uk
- Post: Locksley Law, 2a Egerton Crescent, Manchester, M20 4PN
If you cancel after the 14-day cooling-off period, charges for work already completed may apply. These are calculated at hourly rates as specified in your CFA and will never exceed the success fee that would have been payable on any offer received at the time of cancellation.
Interest on Outstanding Fees
If a Success Fee remains unpaid after the due date stated in our invoice, we reserve the right to charge interest at 8% per annum on the outstanding balance from the date payment was due.
Your Right to Complain Directly
Questions About Our Costs?
If you have any questions about our fee arrangement before signing, please contact us — we are happy to explain anything in more detail.