Fees & Charges
Absolutely No Upfront Cost
Gladstone Brookes can help you to get back any money you may be owed whilst making the process as smooth as possible for you. Should you pursue a claim with us, we’ll handle your case every step of the way, all the while keeping you up to date with the progress of your claim. What’s more, we’ll do so with no upfront fees or costs.
For any successful PPI claim made through us, we will charge 20% + VAT° (at the prevailing rate) of the total redress offered by your lender. If we are unsuccessful, you don’t pay us!
Our fees are subject to Regulatory Change and will be charged at the prevailing maximum rate, however, we will never charge you in excess of 20% + VAT° .
Our No Win, No Fee† PPI Claim service has been successful on over 598,000 cases and responsible for recovering over £975m± of mis-sold PPI. In cases where Payment Protection Insurance (PPI) was attached to the financial agreement, we have a 92% successful reclaim rate for our clients.
Our fees are subject to Regulatory Change and will be charged at the prevailing maximum rate.
For more information on how to start your claiming process with a Free PPI Check**, read more here.
What will I be claiming for?
For any PPI claims made through Gladstone Brookes, we aim to recover:
- 100% of any premiums that you have paid
- Any interest paid on those premiums
- Where possible a further 8% in statutory interest
How long will it take?
How long your claim takes will depend upon your individual case, however our average claim timeframe is between 8-16 weeks from the date the lender acknowledges the claim, to a decision being made.
How would I receive my PPI compensation?
This depends on your circumstances as the way your refund would be paid to you depends upon whether your loan is still active or not.
What if I’m still paying my loan?
If you are still paying your loan back, you would receive a lump sum, which should consist of any payments made to date on the policy. What’s more, the remaining loan payments will then be reduced accordingly, meaning your monthly repayments will be lower!
I’ve paid off my loan or credit card, can I still claim?
Yes you can! If you have paid off your loan, you would receive your PPI refund on any successful case in a lump sum, most likely in the form of a cheque from the lender.