No win No Fee means you won’t pay us a penny unless and until the lender(s) pay out your claim. Once paid out, you will be required to pay us our percentage rate of 24% (fee as of 10/7/18) on each successful claim.
You do not need to use a claims management company to make a complaint to your lender, and if your complaint is not successful you can refer it to the Financial Ombudsman Service or the Financial Services Compensation Scheme (where applicable) yourself for free.
*The Financial Conduct Authority (FCA) ruled in 2017 that a deadline for the submission of new PPI claims would be set for 29 August 2019. After this date, financial businesses who sold PPI policies will no longer have to consider complaints against their sale, meaning there will be no obligation to investigate or redress consumers, regardless of the circumstances of the sale. If a claim has been submitted prior to 29 August 2019, the financial businesses will still have to investigate these fully, and the same time scales for making referrals to the Financial Ombudsman Service will apply. If you believe that you do have a claim for PPI that has not previously been submitted, we recommend contacting the business responsible directly. You can find out more here https://www.fca.org.uk/ppi/