PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Right to Light no win no fee

2»

Comments

  • Bricks
    Bricks Posts: 153 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Thanks for the replies.

    The development has planning permission. I'm already aware there are some daylight issues, because I followed the application quite closely and have read the daylight & sunlight report myself. While there are some properties closer to the development that I think will be affected quite severely, I'd be a bit surprised if I really had a claim.

    The company is going to send me their T&Cs which I will have a close look at before agreeing anything. So far they have said they take 30% of any payout.

    Certainly I don't want to get tied into anything that would make me liable for paying them anything in any scenario other than a successful claim.
  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    take note that the original post is 5 YEARS OLD and the OP was last active on here in the year 2023
  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 28 February at 10:17AM
    Bricks said:
    I'm in a similar position - high rise development planned nearby, and approached by one of these no win no fee companies.

    Also wondering, has anyone had any experience of this?
    as with all "no won, no fee" legal cases you start point is:

    - you will have to pay for an insurance policy that covers the legal fees if you lose
    - if you win then their fees will be deducted from any compensation awarded 
    - will the compensation award be more than their fees? The answer to that is why they took the case as they are not doing it to lose money.
    - will the amount of money you finally get be worth your time in cooperating with the company making the case? Possibly....

  • DullGreyGuy
    DullGreyGuy Posts: 18,187 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Bricks said:
    Certainly I don't want to get tied into anything that would make me liable for paying them anything in any scenario other than a successful claim.
    Then dont bother asking for the terms and getting added to their sucker list. 

    Its fundamentally how conditional funding works that an early exit means you have to pay, its would probably be better described as "if you lose you dont pay" but its not as catchy and not always 100% correct as sometimes you still have to pay for the ATE Insurance (though most are effectively self insured)
  • FreeBear
    FreeBear Posts: 18,089 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Bricks said:
    I'm in a similar position - high rise development planned nearby, and approached by one of these no win no fee companies.

    Also wondering, has anyone had any experience of this?
    as with all "no won, no fee" legal cases you start point is:

    - you will have to pay for an insurance policy that covers the legal fees if you lose
    And often, the fees for the insurance policy has to be paid upfront. These things are not always cheap either (did see figures of £10K+ being bandied around for a NWNF inheritance case).
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • Bricks
    Bricks Posts: 153 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Bricks said:
    I'm in a similar position - high rise development planned nearby, and approached by one of these no win no fee companies.

    Also wondering, has anyone had any experience of this?
    as with all "no won, no fee" legal cases you start point is:

    - you will have to pay for an insurance policy that covers the legal fees if you lose
    - if you win then their fees will be deducted from any compensation awarded 
    - will the compensation award be more than their fees? The answer to that is why they took the case as they are not doing it to lose money.
    - will the amount of money you finally get be worth your time in cooperating with the company making the case? Possibly....


    I asked them to send me their T&Cs because I was curious what they would be.

    - there is no mention of paying for any insurance policy. Can you explain what you mean here?

    - here are the bits that talk about their share of the compensation:
    "all costs and expenses will be included in the agents share of the compensation". The "agents share" is set out elsewhere as 30% of the compensation amount. Am I naive to read this as meaning that whatever their costs and expenses, they can't exceed that 30%?

    I do understand that they might well look at the case, decide that their costs would exceed 30% of any compensation amount that is likely to be paid, and therefore not pursue it. And the term of the agreement is 5 years, and it looks like it would prevent me for pursuing any claim by any alternative route. But if I have no intention to pursue a claim myself then it seems that what I'd have to lose by signing up to this agreement would just be the time involved in co-operating with them by supplying info and so forth.
  • DullGreyGuy
    DullGreyGuy Posts: 18,187 Forumite
    10,000 Posts Second Anniversary Name Dropper
    FreeBear said:
    Bricks said:
    I'm in a similar position - high rise development planned nearby, and approached by one of these no win no fee companies.

    Also wondering, has anyone had any experience of this?
    as with all "no won, no fee" legal cases you start point is:

    - you will have to pay for an insurance policy that covers the legal fees if you lose
    And often, the fees for the insurance policy has to be paid upfront. These things are not always cheap either (did see figures of £10K+ being bandied around for a NWNF inheritance case).
    Some ATE policies effectively self insure, ie if you lose the case the insurance effectively covers its own premiums. Have seen premiums range from £30 to £1m depending on the nature of the case. Your bog standard road traffic accident is normally under £300 whereas clincial negligence can be £5k and large corporate cases can be vast numbers. Premiums are normally something like 20-40% of the estimated fees.

    Paying in full up front is an option with some but isnt the most common approach in my world. Some you pay a deposit premium up front and the rest on settlement others are fully deferred to settlement. 

    Bricks said:
    Bricks said:
    I'm in a similar position - high rise development planned nearby, and approached by one of these no win no fee companies.

    Also wondering, has anyone had any experience of this?
    as with all "no won, no fee" legal cases you start point is:

    - you will have to pay for an insurance policy that covers the legal fees if you lose
    - if you win then their fees will be deducted from any compensation awarded 
    - will the compensation award be more than their fees? The answer to that is why they took the case as they are not doing it to lose money.
    - will the amount of money you finally get be worth your time in cooperating with the company making the case? Possibly....


    I asked them to send me their T&Cs because I was curious what they would be.

    - there is no mention of paying for any insurance policy. Can you explain what you mean here?

    - here are the bits that talk about their share of the compensation:
    "all costs and expenses will be included in the agents share of the compensation". The "agents share" is set out elsewhere as 30% of the compensation amount. Am I naive to read this as meaning that whatever their costs and expenses, they can't exceed that 30%?

    I do understand that they might well look at the case, decide that their costs would exceed 30% of any compensation amount that is likely to be paid, and therefore not pursue it. And the term of the agreement is 5 years, and it looks like it would prevent me for pursuing any claim by any alternative route. But if I have no intention to pursue a claim myself then it seems that what I'd have to lose by signing up to this agreement would just be the time involved in co-operating with them by supplying info and so forth.
    If you lose a case you would normally have to pay the third party's solicitors bill, After the Event (ATE) insurance is there to cover those costs if you lose. 

    You would need to post the full agreement to be able to answer question on it rather than a single small snippet, the main issue with these things is you are committing for 5 years of providing what they want when they want it etc. Failure to do so then makes you liable for their costs to date. Certainly with some of these firms more money is made by people abandoning claims than from cases they win.
  • Bricks
    Bricks Posts: 153 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker

    If you lose a case you would normally have to pay the third party's solicitors bill, After the Event (ATE) insurance is there to cover those costs if you lose. 

    You would need to post the full agreement to be able to answer question on it rather than a single small snippet, the main issue with these things is you are committing for 5 years of providing what they want when they want it etc. Failure to do so then makes you liable for their costs to date. Certainly with some of these firms more money is made by people abandoning claims than from cases they win.
    I can't really post up the whole agreement without including various personal details.

    But these bits seem to confirm that I wouldn't be liable for any costs if the case is lost -


    Or are you pointing out that they carefully don't mention costs incurred by the developer, because these aren't "incurred by [the NWNF agents]" and aren't a "fee for my lawyer's services"?

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.6K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.6K Work, Benefits & Business
  • 598.3K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.