How long can the claim take?
How long will a claim take? Well... every claim is different and individual, each claim you have has a different lender, and some lenders are willing to pay out the full and amount, and on the other hand some lenders are so not so willing. They may take a bit for time.
On average though, a claim around 12 weeks, but in some cases claim can only take as little as 4 – 6 weeks. Although if you case needs to be referred to the Financial Ombudsman Service (FOS) then unfortunately may take longer to complete.
Don’t worry all the stages that go through you process of your claim you will be informed on how it is going how long it will take. As our priority is to keep you happy and get you money back. So if you are unsure whether you can make a claim on your PPI then please contact our team and we will be able to help your problems.
How much can a claim cost?
For our team to firstly look at your claim to see if you are entitled to make the claim it is free of charge. When accessing your claim, we will nee to write to lenders who sold you the Payment Protection Insurance to obtain the information about the PPI policy sold to you, to be able to do this we will be charge a Subject Access Request (SAR) which is a few of £10.00 which will pay for you.
We will not ask for any upfront fees, our team operate on a no win no fee basis. So make sure you are aware of our competitors who charge upfront administration fees before they have even started theClaim Back PPI process
If your PPI claim is successful, we will charge a fee of 25% plus VAT of any amount recovered on your behalf. For example, if we obtain an offer of £1000 compensation, our fee would be £293.75 (inclusive of VAT at 17.50%).