Mr and Mrs L received

Mr and Mrs L were both retired and decided to sell their home and move into rented sheltered accommodation. They had around £100,000 capital following the sale of their property and received enough of a monthly income from their pensions to meet immediate rent payments and other bills. They intended to use their capital to fund future increased living costs and medical expenses and therefore required an investment which provided security of capital and a reasonable rate of interest.

Over a 5 year period they lost over £40,000 on the original sum invested…

They attended a meeting with a financial advisor at their bank and made these factors known to him. He recommended that they place £95,000 into corporate bonds and managed funds. This exposed Mr & Mrs L to a substantially higher level of risk than they were prepared to take. Over a 5 year period they lost over £40,000 on the original sum invested.

We took legal action on their behalf and sought compensation for loss of both capital and interest. We successfully negotiated a settlement of their claim and they received over £47,000 in compensation.

We are a firm of solicitors who specialise in negligence law with over 20 solicitors dedicated to this area. We have pioneered the use of “No Win, No Fee” Agreements in negligence law since their introduction in the 1990s. We only take cases on if we are able to offer a “No Win, No Fee” Agreement. Furthermore, the insurers who pay our clients compensation are also obliged under English Law to pay our legal costs on top and therefore, usually from the onset of the case, we can confirm with our clients that, if unsuccessful, they will pay nothing.