At Inspire Legal Group, we pride ourselves on being honest, open, transparent and innovative with our pricing strategy. We’ll work with you to assess your case and will provide the best pricing structure that suits your needs, ensuring that our costs don’t outweigh the financial benefits of conducting the work. We’re upfront and transparent about our costs before starting any work for you, so you’ll always feel in control. Here, we explain our various fee structures and funding options.
What does transparency mean to Inspire Legal Group?
Our objective is to help you achieve your goals and save you money where possible. If you choose us:
- We’ll always tell you if there are any funding options available for your case type
- We’ll never send you a surprise bill
- You’ll always be provided with a fee structure to enable to you make informed decisions
- We’ll always advise you on which option we think is in your best interest
- You’ll always have control and visibility over your legal costs with us
- We’ll take proactive steps to reduce your legal costs where possible
If your case can be funded by a Conditional Fee Agreement or a third party, such as your insurance company, we’ll help guide you through that funding. If your case is being funded by you, we’ll structure our costs in a way that will benefit you the most in the long term, and will provide you with a breakdown of likely costs for each stage of your case. This enables you to understand the total costs, how they’re being incurred and can also assist with any strategic discussions you have to make. If fixed fees are not an option, we can agree on a cap on the number of hours you wish us to spend on your case. We’ll then let you know once the cap has been reached so you can make an informed decision about how to continue.
Funding your case through Legal Expense Insurance
Legal expense insurance (LEI) is funding which may exist as part of one of your existing insurance policies. You may find that you have LEI on insurance policies such as:
- Home insurance (building and/or contents)
- Motor insurance
- Directors and officers insurance
If you fund your case through LEI, your insurer may ask you to use a lawyer on their preferred list. However, you have the right to choose your own lawyer and don’t have to use one of the lawyers on your insurer’s panel. It’s important that you choose a lawyer who has your best interests in mind, and you’re confident they’ll provide you with the best possible representation. We’re able to liaise with your insurance company to try to secure funding for your case, simply provide your policy number and contact details to your lawyer. It’s important to note that LEI only covers certain types of cases, such as employment law, personal injury or medical negligence. But do check your policies or contact your insurer to make sure.
Funding Personal Injury and Medical Negligence Claims
If you don’t have LEI cover for your personal injury or medical negligence claim, we’re able to offer funding under a Conditional Fee Agreement, also known as a No Win No Fee Agreement. This means you won’t have to pay any of your lawyer’s costs if your case fails. If you win your case, the insurers of those at fault for your injuries will pay your lawyer’s costs. Your lawyer may also charge you a success fee if you win. This fee will be no more than 25% of your compensation payment, but the amount will be discussed and agreed with you before you sign your Conditional Fee Agreement. This fee will only be charged if your case is successful and will be deducted from your compensation payment. A Conditional Fee Agreement is like having an insurance policy that protects you from having to pay your lawyer’s costs if you lose your case. However, it doesn’t cover the cost of any disbursements, such as court fees or medical examination fees, or your opponent’s legal costs if you lose your case. Therefore, together with your Condition Fee Agreement we also take out an insurance policy on your behalf, known as an After the Event (ATE) policy. An ATE policy works in a very similar way to a Conditional Fee Agreement. If you lose your case, the policy premium will be waived, so you won’t have to pay anything. If you win your case, the policy premium will be deducted from your compensation payment. By having a Conditional Fee Agreement and an ATE policy in place, this means, win or lose, there’s no financial risk to you.
Costs Involved in a Property Purchase
Our legal fees for a property purchase range from between £399 and £5,000 plus VAT (20%). The fees are based on the cost of an average purchase transaction and vary depending on your lawyer’s experience, the price of the property and the amount of work we have to undertake. However, our experts will be able to provide full and transparent details of the costs likely to be involved once they’ve discussed your case with you.
Stamp Duty Tax
The amount of Stamp Duty Tax you’ll have to pay depends on the purchase price of your property. You can calculate how much you’ll have to pay by using HMRC’s website, or if the property is located in Wales by using the Welsh Revenue Authority’s website.
Disbursements
Disbursements are the fees that are payable to third parties, such as Land Registry Fees.
Disbursements (third party costs) | Amount |
---|---|
Search Pack | £299 plus VAT |
Bankruptcy Search | £2 per person |
Land Registry Search | £3 to £6 |
Land Registry Fee | £40 to £910 |
ID/AML Checks | £6 to £49 per person plus VAT |
Additional fees that may be applicable to your purchase transaction
Other fees may be applicable to your translation, these can include:
Other fees | Costs |
---|---|
Buy-to-Let Property | £200.00 + VAT |
Buy-to-Let Property plus Tenancy Agreement | £350.00 + VAT |
Declaration of Trust (to accompany purchase) | £250.00 + VAT |
Declaration of Trust (stand alone) | £350.00 + VAT (increased if more complex) |
Equity Mortgage | £250.00 + VAT |
Freehold Flat (where the Deeds of Mutual Covenant are already in place) | £150.00 + VAT |
Gifted Deposit | £75.00 per person |
Help to Buy | £100 to £500 + VAT |
Help to Buy ISA | £50.00 + VAT |
Indemnity Policy | £50.00 + VAT per policy |
Leasehold Flat | £300.00 + VAT |
Lifetime ISA | £100.00 + VAT |
LMS fee | £25 + VAT |
New Build Property | £400.00 + VAT |
Shared Ownership Property | £450.00 + VAT |
Stamp Duty – See www.gov.uk/stamp-duty-land-tax | |
SDLT Admin | £50 to £125 + VAT |
Transfer of Part (purchase) | £200.00 + VAT |
Transfer of Part (sale) | £300.00 + VAT |
Unregistered Property | £200.00 + VAT |
Referral fee (this amount is based on an average referral fee, and is dependent upon the referral source) | £150 |
Telegraphic Transfer | £45 plus VAT |
Acting for Lender | £100 to £500 + VAT |
TR Guarantee (optional) | £70 plus VAT |
Islamic Mortgage | £195 to £395 + VAT |
Administration for Applying Unilateral Notice – with the Land Registry | £50 + VAT |
Update to External Portals | £35 to £95 + VAT |
Limited Company Purchase | £250 + VAT |
Costs Involved in a Property Sale
Our legal fees for a property sale range from between £399 and £5,000 plus VAT (20%). The fees are based on the cost of an average sale transaction and vary depending on your lawyer’s experience, the property price and the amount of work we have to undertake. However, our experts will be able to provide full and transparent details of the costs likely to be involved once they’ve discussed your case with you.
Disbursements
Disbursements are the fees that are payable to third parties.
Disbursements (third party costs) | Amount |
---|---|
Office Copies | £20 to £95 |
ID/AML Checks | £6 to £49 per person plus VAT |
Additional fees that may be applicable to your sale transaction
Other fees may be applicable to your translation, these can include:
Other fees | Costs |
---|---|
Referral fee (this amount is based on an average referral fee, and is dependent upon the referral source) | £150 |
Leasehold | £100 to £300 plus VAT |
Telegraphic Transfer | £45 plus VAT |
TR Guarantee (optional) | £70 plus VAT |
Islamic Mortgage (Redemption) | £195 to £395 plus VAT |
Limited Company Purchase | £250 plus VAT |
Costs Involved in a Property Remortgage
Our legal fees for a property remortgage range from between £399 and £1,500 plus VAT (20%). The fees are based on the cost of an average remortgage transaction and vary depending on your lawyer’s experience, the property price and the amount of work we have to undertake. However, our experts will be able to provide full and transparent details of the costs likely to be involved once they’ve discussed your case with you.
Disbursements
Disbursements are the fees that are payable to third parties, such as Land Registry Searches.
Disbursements (third party costs) | Amount |
---|---|
Office Copies | £20 to £95 |
Search Indemnity | £50 |
Search Pack (if required by your lender) | £260 to £549 plus VAT |
Land Registry Search | £3 |
ID/AML Checks | £6 to £49 per person plus VAT |
Additional fees that may be applicable to your purchase transaction
Other fees may be applicable to your translation, these can include:
Other fees | Amount |
---|---|
Re-mortgage | £550.00 + VAT |
Re-mortgage (additional Help-to-Buy mortgage to redeem) | £650.00 + VAT |
Re-mortgage (commercial with no lease involvement) | £800.00 + VAT |
Re-mortgage (commercial with lease involvement) | £950.00 + VAT (depending on complexity) |
Referral fee (this amount is based on an average referral fee, and is dependent upon the referral source) | £150 |
Leasehold | £100 to £300 + VAT |
Telegraphic Transfer | £45 +VAT |
TR Guarantee (optional) | £70 +VAT |
Islamic Mortgage (Redemption) | £195 to £395 +VAT |
Second Equity Charge Redemption | £100 +VAT |
Costs Involved in Unfair or Wrongful Dismissal Cases
The hourly rates for our employment law experts range from between £120 and £485 per hour plus VAT (20%). This amount will depend upon the complexity of the case and the level of support required. However, our experts will be able to provide full and transparent details of the costs involved once they’ve discussed your case with you. Every case is different so costs do vary case to case. However, typical costs in an unfair or wrongful dismissal case are as follows:
Costs for employers defending an unfair or wrongful dismissal case:
Service | Costs |
---|---|
Initial consultation | £400 to £700 plus VAT |
ACAS Early Conciliation | £650 plus VAT |
ET3 and Grounds for Response | £1,000 to £2,500 plus VAT |
Counter Schedule of Loss | £350 to £500 plus VAT |
Preliminary Hearing | £300 to £1,700 plus VAT |
Disclosure (costs vary depending on volume and complexity) | £600 to £3,000 plus VAT |
List of Issues | £500 to £800 plus VAT |
Witness statements | £600 to £4,000 plus VAT |
Final hearing preparation | £250 to £600 plus VAT |
Advocacy (someone attending the tribunal on your behalf) – Preparation and representation at first day – For each subsequent day thereafter | £1,000 to £2,000 plus VAT £1,000 |
Costs for employees making an unfair or wrongful dismissal case:
Service | Costs |
---|---|
Initial consultation | £400 to £700 plus VAT |
ACAS Early Conciliation | £650 plus VAT |
ET1 and Grounds of Claim | £1,000 to £2,500 plus VAT |
Schedule of Loss | £350 to £500 plus VAT |
Preliminary Hearing | £300 to £1,700 plus VAT |
Disclosure (costs vary depending on volume and complexity) | £600 to £3,000 plus VAT |
List of Issues | £500 to £800 plus VAT |
Witness statements | £600 to £4,000 plus VAT |
Final hearing preparation | £250 to £600 plus VAT |
Advocacy (someone attending the tribunal on your behalf) – Preparation and representation at first day – For each subsequent day thereafter | £1,000 to £2,000 plus VAT £1,000 |
Disbursements (third party fees)
In addition to our legal costs, if a barrister is needed in your case, their costs can range anywhere between £1,000 to £3,000 per day plus VAT. We’ll obtain a quote from the barrister, which we’ll agree with you, before we instruct them. You’ll be required to settle your barrister’s fees directly with them once their work has been completed.
There may also be other disbursements involved in an unfair or wrongful dismissal case but again, we’ll discuss this with you before any instruction is made.
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