For PCP (Personal Contract Purchase) claims, our Success Fee is capped in line with the SRA Claims Management Fee Rules. The following table sets out our maximum possible deductions:
| Band | Compensation Amount (£) | Maximum Fee (%) | Maximum Fee (£) |
|---|---|---|---|
| 1 | 1 – 1,499 | 30% | 420 |
| 2 | 1,500 – 9,999 | 28% | 2,500 |
| 3 | 10,000 – 24,999 | 25% | 5,000 |
| 4 | 25,000 – 49,999 | 20% | 7,500 |
| 5 | 50,000 or above | 15% | 10,000 |
Example calculations (including VAT at 20%):
- £1,000 compensation → 30% fee = £300 + VAT (£60) = £360 total
- £5,000 compensation → 28% fee = £1,400 + VAT (£280) = £1,680 total
- £50,000 compensation → 15% fee = £7,500 + VAT (£1,500) = £9,000 total
To read more about our fees, please visit Our Fees Page.
