Pricing

Free to look. Paid only if you get paid.

Two fee lines, both agreed in writing before anything starts: a success fee on recovery, and an optional fixed monthly retainer if you want the monitoring handled continuously.

Free initial portfolio audit Fee taken from the recovery, not your budget A trading style of Abbelys Solicitors

Fees

You pay from what we recover, not from your budget

The initial portfolio audit is free. If we go on to pursue a claim and it does not succeed, there is no recovery fee. If it does succeed, our fee is deducted from the sum recovered before it reaches you.

Stage one

Initial portfolio audit

No charge, and no obligation to instruct us afterwards.

Stage two

Recovery

A success fee of 35% of the sum recovered, plus VAT, deducted from the recovery itself. Nothing to pay if the claim does not succeed.

Optional

Portfolio monitoring

A fixed monthly retainer, scoped to portfolio size. Entirely optional.

Because the fee comes out of the recovery, it is taken from money that was not on your balance sheet before we started — sums already paid over and, in most cases, written off internally years ago. Every claim is subject to legal merits, evidence, limitation and formal case acceptance. Precise terms, including the basis of the fee, VAT treatment and how any disbursements are handled, are set out in the client engagement documentation and agreed with you in writing before any recovery work begins.

How it works

It is deducted from the recovery, not invoiced to you

This is the part worth being clear about. We are not asking you to fund a speculative exercise out of a live development budget. The audit costs nothing. If a claim is pursued and fails, there is no recovery fee. If it succeeds, our fee comes out of the sum recovered before it reaches you — money that had already left your account years earlier and, in most cases, had been written off internally.

The success fee is 35% of the sum recovered, plus VAT. Interest for the period the money was held forms part of what is recovered, and is treated the same way.

Before anything starts

What the engagement documentation confirms

No fee arrangement takes effect until it is agreed with you in writing. The engagement documentation sets out the detail before recovery work begins.

  • The basis on which the fee is calculated and when it becomes payable
  • VAT treatment
  • How disbursements and any third-party costs are handled
  • What happens if a claim is settled, withdrawn or discontinued
  • Your right to terminate, and what follows if you do
  • How to complain, and where to take it if we don’t resolve it

Every claim is subject to legal merits, evidence, limitation and formal case acceptance. Nothing here is a guarantee of outcome.

Interest

A recovery is the money, plus the time it was held

On a contribution paid years ago, interest is frequently the larger half of the claim. How it is calculated — and whether it compounds — makes a material difference, so it is worth understanding the difference before anyone quotes you a figure.

Simple interest

Charged on the original sum only. The same amount is added every year, and accrued interest never itself earns interest. A contribution of £250,000 at 5% simple earns £12,500 a year, every year, regardless of how long it runs.

Compound interest

Interest is added to the balance at the end of each period, and the next period’s interest is charged on that larger balance. The same £250,000 at 5% compounded annually earns £12,500 in year one, £13,125 in year two, and £17,589 in year eight — because by then interest is running on £351,775 rather than £250,000.

The gap widens with time, which is exactly why it matters on historic obligations. Over eight years it is worth around £19,000 on a single contribution of this size. Across a portfolio of schemes, the compounding basis can be the difference that makes a claim worth bringing.

£250,000 held for eight years at 5%SimpleCompoundDifference
Year 1£262,500£262,500£0
Year 2£275,000£275,625£625
Year 3£287,500£289,406£1,906
Year 4£300,000£303,877£3,877
Year 5£312,500£319,070£6,570
Year 6£325,000£335,024£10,024
Year 7£337,500£351,775£14,275
Year 8£350,000£369,364£19,364

Illustrative only. Figures are rounded, assume annual compounding and a constant 5% rate, and are used to show the mechanism — not to indicate the rate, period or outcome on any actual claim.

The basis matters — and it is not automatic

Where a right to interest actually comes from

Which basis applies to your schemes depends on the wording of each agreement. Establishing that is part of the free audit, and we will tell you plainly where interest runs simple.

FAQs

Common questions

How is the success fee calculated?

The fee is 35% of the amount recovered, plus VAT, payable only on success. Exactly how it is calculated, when it becomes payable, and how disbursements are treated are set out in full in the engagement documentation before recovery work begins — so the position is agreed in writing rather than assumed.

Are there any costs if the claim fails?

There is no recovery fee. Any position on disbursements or third-party costs is set out in the engagement documentation before work starts, so you know where you stand before committing.

Do we pay for the audit if we then decide not to proceed?

No. The audit is free, and there is no obligation to instruct us afterwards.

Can the retainer and the success fee both apply to the same money?

The retainer covers monitoring. If monitoring surfaces a claim, the 35% + VAT success fee applies to that recovery, and only if the claim succeeds. They are separate lines and both are set out in writing.

Book your free audit

Tell us about the portfolio

A short, confidential conversation is enough to tell whether a full review is worth your time. No charge for the first-stage audit, and no obligation to instruct us afterwards.

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Abbelys Solicitors
Suite 208, 82 King Street
Manchester, M2 4WQ

We use these details only to respond to your enquiry. Sending this form does not create a solicitor–client relationship — that begins once terms are agreed in writing.

DEVELOPERRECOVERY

Specialist recovery and monitoring of planning obligations for property developers across England and Wales.