Last reviewed: 09 June 2026
No Win No Fee — fees you may pay
If you use a partner solicitor on a No Win No Fee basis and your claim succeeds, their fee is typically 40% of compensation plus VAT (48% in total). Example: £1,000 compensation → about £480 in fees → about £520 to you. Fees vary by firm.
If you are claiming for a PCP car finance claim, the solicitor fees typically range between 18% and 36% (inclusive of VAT).
The table below provides a summary of potential solicitor fees for financial mis-selling claims. Actual deductions may vary depending on your individual circumstances and the solicitor handling your case.
| Band | Redress Awarded | Maximum Percentage Rate | Maximum Total Charge (£) |
|---|---|---|---|
| 1 | £1 – £1,499 | 30% | £420 |
| 2 | £1,500 – £9,999 | 28% | £2,500 |
| 3 | £10,000 – £24,999 | 25% | £5,000 |
| 4 | £25,000 – £49,999 | 20% | £7,500 |
| 5 | £50,000 or above | 15% | £10,000 |
You can find out more about the SRA fee table on the official SRA website.
The exact percentage and VAT rate will be set out in your agreement with the solicitor before you proceed. Fees may differ between firms in our panel — confirm the charging basis in writing before you sign.
How does a ‘No Win No Fee’ claim work?
A No Win No Fee arrangement means you are only required to pay the solicitor's fees if your claim is successful. If your claim is unsuccessful, you will not pay the solicitor's fees under the No Win No Fee agreement (other charges may still apply — check your agreement).
Cancellation fees
If you withdraw after the 14-day cooling-off period, the solicitor may charge a cancellation fee. This is typically calculated based on work completed on your file to date, using the hourly rate or staged fees in your agreement. Confirm the amount and calculation method in writing before you proceed.
Case assessment
Partner solicitors assess each case on its own facts. Accepting a case does not guarantee success.
Your free route
You are not required to use a claims management company. You can pursue your claim yourself for free — direct to the firm you are complaining about, or to the relevant ombudsman or compensation scheme.
Money Rewind's role
Money Rewind introduces you to partner solicitors. We do not provide legal advice. Money Rewind receives introduction fees from partner firms when we transfer your details. Fees are agreed commercially between us and those firms and do not change the fee you pay the firm handling your claim. You may choose your own solicitor or pursue a claim yourself without using our service.