You will have to repay the amount lent, plus interest which is fixed at 1.5% per month and calculated only on what you have drawn down from your loan, not the whole amount. This is due when your case completes and settlement is made.
For clinical negligence, family and probate cases there are other costs associated, including a set up fee of £500 (or 1% of the loan). We also ask you to take separate independent legal advice to ensure you fully understand the implications of the loan (est. £300).
There is no minimum loan period, no exit charges and no minimum interest charge.
In clinical negligence cases we operate a no-win, no-fee policy. An insurance policy will cover your costs if your case is unsuccessful.