Fees
Two fees. Fixed before work begins.
No hourly rate, no estimate, no range — and nothing added for turnaround, because the turnaround below is the standard service. The figure can go into a costs estimate or an application to limit the cost of expert evidence exactly as published.
Fees
Most instructed
Standard report
£295
Draft within 3 working days of receiving everything we need
One party. The report most financial remedy cases need before the First Appointment.
- Affordability modelled across the residential lending market
- Assumptions, evidence and reasoning set out in full
- Draft issued first, for factual checking before finalisation
- Final report issued promptly once you have approved the draft
Joint report
£495
Draft within 3 working days of receiving everything we need
Both parties, assessed consistently within one instruction and one report. The Financial Remedies Court expects borrowing-capacity material to be obtained jointly wherever possible.
- Both parties analysed on the same basis in a single document
- Accepts a joint letter of instruction from both firms
- Draft issued to both instructing firms at the same time
- One fee, however the parties choose to apportion it
Part 25 / single joint expert
Discuss the instruction
Timetable agreed with the court's directions
Where the court has given permission for expert evidence on borrowing capacity, or where we are proposed as a single joint expert.
- Prepared in accordance with Practice Direction 25B
- Statement of truth, declaration of no conflict, and range of opinion
- Fee confirmed in writing according to the scope before work begins
- Qualification, conflict position and availability confirmed for the application
Fees are fixed and confirmed in writing before work begins, so they can be put into a costs estimate or a costs cap without a range. There is no charge for priority: the turnaround above is the standard service. Where the court is asked to limit the cost of expert evidence, we will confirm our fee and availability in writing for the application.
What the fee includes
- The assessmentAffordability modelled across the residential lending market, with the treatment of variable income, maintenance, commitments, term and age reasoned and recorded.
- The draftIssued first, so factual matters can be corrected before the report becomes a document in the case. On a joint instruction, to both firms at the same time.
- The turnaroundDraft within 3 working days of receiving everything we need to complete the assessment. There is no priority tier and nothing to pay for speed.
- Standing behind itClarifying a point we have already reasoned is part of the job, not a chargeable extra.
If the work goes beyond the standard scope
Occasionally an instruction needs materially more than the standard assessment — several alternative sets of assumptions, for example, or written questions on a report already delivered. Where that happens we tell you before doing the work and agree any additional fee in writing first. Nothing is added to an invoice that was not agreed in advance.
Payment
Account terms may be available to law firms by arrangement, so that instructions are invoiced rather than paid in advance. Mention it when you first instruct and we will discuss what suits your firm.
Otherwise, instructions are invoiced on issue of the final report. Where a private individual instructs directly, payment is taken before work begins.
VAT
All fees are shown in full. Mortgage Capacity Opinion is not VAT-registered, so no VAT is added.
Whether our fee is treated as a disbursement or as part of your own supply to the client is a matter for your firm’s VAT position, on which we express no view.
Nothing is charged before it is agreed
We confirm the fee, the scope and the delivery date in writing before work begins. If something in the papers means the work falls outside the scope quoted, we tell you before doing it, not afterwards on the invoice.