Mrs B received

Mrs B was over 95 years old when she decided to sell her property and move into rented sheltered accommodation. Her monthly income was around £300 short of the amount she was required to pay in rent and she therefore wanted to use the sale proceeds to produce an income which could be used to meet this shortfall.

We settled her claim for more than double what the bank initially offered…

She sought financial advice from her bank and made these factors known to them. She was advised to put £150,000 into two investment bonds with 5 year fixed terms. This money represented around 80% of Mrs B’s total savings. The bonds failed to produce the required level of income and the capital started to decrease as a result. She had to end the investment bonds early and suffered capital losses of over £25,000.

We took on her claim and sought compensation for loss of both capital and interest. We settled her claim for more than double what the bank initially offered and Mrs B received over £32,000 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.