A relative of mine not long ago contacted a company Premium Recovery Ltd regarding if there was a chance her mortgage was mis sold.
She has now received a letter from the company advising her that they were pleased her case has been sent to ES Legal. She has to sign a no win no fee agreement and a CFA agreement. It looks pretty good as to what they will do and are offering...but I am thinking what could be the disadvantages if nothing progresses like.....if they find she has a claim and the mortgage company agree to refund say x amount from her mortgage then these solicitors won't get their costs...so will she be liable to pay for them?
I don't know much about CFA and NWNO agreements and would love any input to forward on please.
She has now received a letter from the company advising her that they were pleased her case has been sent to ES Legal. She has to sign a no win no fee agreement and a CFA agreement. It looks pretty good as to what they will do and are offering...but I am thinking what could be the disadvantages if nothing progresses like.....if they find she has a claim and the mortgage company agree to refund say x amount from her mortgage then these solicitors won't get their costs...so will she be liable to pay for them?
I don't know much about CFA and NWNO agreements and would love any input to forward on please.