Once the offer letter is received we will check whether if everything is correct with the compensation calculation that you have been offered by your lender/bank.
For clients who signed up on or before the 28/02/2022 - IronStone Legal will charge you 42% including any VAT for the amount of compensation you receive.
For new clients who signed up on or after 01/03/2022 the following fee structure will apply, where we will not charge you more than 36% (including any VAT) of the compensation amount you receive for your claim.
The fee structure is banded so we charge you less as a % overall as you receive more compensation:
*Band 1 - £1 - £1,499 we charge 36% including any VAT (Max band fee cap £504 including VAT)
*Band 2 - £1,500 - £9,999 we charge 33.6% including any VAT (Max band fee cap £3,000 including VAT)
*Band 3 - £10,000 - £24,999 we charge 30% including VAT (Max band fee cap £6,000 including VAT)
Please refer to our terms and conditions for more information on our fee structure.