You may have been contacted by claims management companies in the past. This could be regarding mis-sold PPI, self-invested personal pensions (SIPPs), or other financial products.
But did you know your case can also be handled by an experienced solicitor?
Here’s the difference between the two routes…
What are claims management companies?
Claims management companies act as a ‘middle man’ between claimants and lenders. There was a large growth in them following the mis-selling scandal.
Have you have received cold calls regarding financial mis-selling? It will be claims management companies trying to help you start your claim.
Are claims management companies the same as solicitors?
While many people believe that these companies can offer the same service as solicitors, this isn’t the case.
Solicitors trained in mis-selling have expert knowledge of the industry. They can offer plenty of insight on what to expect from the complaints process. Your solicitor will know your case inside and out and can explain each step in detail. As a result of this, they can offer a service tailored to your needs.
Solicitors are also authorised and regulated by the Solicitors Regulation Authority (SRA). Therefore, they are fully qualified to understand and assist you with your case. You can have confidence that you can raise any concerns about your case with the SRA.
If your case is best dealt with by litigating in court, solicitors can handle your claim from the initial contact, to any court proceedings. This means you have a seamless experience. It also means that your case is dealt with by the most appropriate route to get the maximum compensation possible.
No win, no fee
Our expert team of solicitors operate on a no win, no fee basis. You’ll have access to free support and guidance from us safe in the knowledge that you won’t incur a fee until we successfully gain your compensation.
If you believe you’ve been mis-sold a financial product, get in touch with our experienced legal experts for advice and support.