Do I have control over how the solicitor uses the money?
Yes. Your solicitor can only draw the money against invoices you have approved, so in the event of a disputed fee, you are protected. You will be emailed each time an amount is drawn down and can contact your solicitor directly if you have any queries.
What happens if I decide not to continue with the claim whilst on funding?
Your solicitor will notify Novitas and the insurer and a claim will be made on the policy. Depending on the reason for stopping the case you may be liable to repay what you have drawn down, for example, in the case of fraudulent activity on your behalf.
The loan is linked to your current solicitor, so if another solicitor takes on your case we would have to approve them before transferring the loan, otherwise you will be in breach of our agreement and the loan will have to be repaid immediately.
There is no charge for transferring the loan. If you repay the loan you can apply for a new facility with a new Novitas approved solicitor.