Average Costs and Timescale
Undefended debt claims which seek recovery of less than £10,000
The average cost charged by PBW Solicitors Ely Ltd is likely to be between £220 and £500 plus VAT for preparation and delivery of a Letter of Claim in accordance with any Pre-Action Protocol.
If proceedings are issued the average costs in addition to the above are likely to be £500 – £750 plus VAT for issue of proceedings to include preparation of Claim Form, submission to the Court, completing Application for Judgement in the absence of any Admission or Defence, subsequent enforcement of that Judgement by way of either issue of a Warrant of Control for Debt of less than £600 or issue of a Writ of Control if the debt exceeds £600.
- Court Fees on a sliding scale between £35 and £455 depending upon the Claim.
- Court Fee upon issue of a Warrant of Control – £110.
- Fee to transfer case from County Court to High Court for purpose of issue of a Writ of Control – £66.
- Enforcement Officer’s fees if they cannot secure payment and the matter proves abortive – £75 (plus VAT).
Timescales for this type of work are largely dependent on the Court. Usually for an undefended debt claim where no defence is delivered but enforcement is required and there has to be compliance with a Pre-Action Protocol is somewhere in the region of 24 weeks depending upon the Court.
For a defended simple debt claim for less than £10,000 which would proceed on the Small Claims Track the broad average costs excluding VAT and Court Fees will be in the range of between £3,000 – £4,000 and the likely timescale to resolve the matter is broadly in the region of 6 months again depending on upon the Court Service.
Debt claims which seek recovery of more than £10,000 and less than £25,000
These would normally proceed on the Fast Track and will be charged at an hourly rates ranging rom £220 – £285. The average costs for dealing with such cases where they are undefended would likely be between £700 and £1,500 plus VAT.
Court fees on a sliding scale of 5% of the amount claimed and between £455 and £1,250.
Debt claims which seek recover of more than £25,000
It is not possible to given an accurate estimate or average costs as there can be several factors that until we are instructed are unknown and variable. These normally will be charged an the hourly rates between £250 and £285.