Sandfield Capital

In order to proceed with a claim there will be certain fees paid up-front to cover costs such as court fees, counsel fees and expert fees. If you are unable to pay these costs yourself, a Sandfield Capital loan can be used to cover these costs.

You will never be negatively impacted financially if you take out one of our loans to support your claim through to settlement.

Unlike a bank loan, any funds will go directly to your solicitor (to cover the fees relating to your claim, instead of being paid to yourself). Interest is not charged on the full balance from the date the loan is taken out, but only on the amount drawn-down as and when required. There are no monthly repayments for you to make as the total will be repaid when your claim is settled.

We will carry out a ‘soft-footprint’ credit check. This will only be visible to the applicant and not to third parties and therefore wont impact the credit file. When the product is approved it will not show as a live product with an outstanding balance on the credit report.

You can apply for a loan at any point during the legal proceedings.

Once your solicitor has discussed the loan with you they will provide us with your application. If you meet our lending criteria we will provide you with all of the necessary information for you to read and sign. This can be completed on our secure online customer portal or the documents can be brought to your address to be signed (fees apply).

Once we have received the signed documents you will become legally bound by the terms of the Consumer Credit Agreement. However, you will have a 14 day cooling off period during which you can withdraw or cancel.

No. You will need to be introduced to Sandfield by a solicitor from our panel. Contact your solicitor to establish whether we can work together to support your claim.

The contract is between you and Sandfield Capital but the solicitor will manage drawdowns on your behalf to progress your claim.

The repayment of the loan balance is secured by assignment of the proceeds payable under your legal claim and/or After the Event (ATE) insurance policy.

If your claim is unsuccessful the associated insurance policy will cover the cost of your loan including any interest and fees charged.

Interest is worked out on a ‘simple’ basis which means it is only charged on the amount borrowed. Interest is applied on the amount drawn from the date it is drawn until the balance is settled.

Yes, the loan is a Fixed Sum Loan Agreement regulated by the Consumer Credit Act 1974. Sandfield Capital is authorised and regulated by the Financial Conduct Authority under registration number 805416.

The amount required will vary dependant on the claim type.

No - you will never be negatively financially impacted by taking out a Sandfield loan to support your claim.