The Ministry of Justice has increases it's fees for money claims as from Monday, 9th March 2015.
The fee increases were being challenged by The Law Society that cited that the proposals are tantamount to “selling justice” contrary to the principles of Magna Carta. In practice, Claimants will face a substantive court fee increase. For claims of £200,000, the fee moves from £1515 to £10,000 . Claims between £10,000 and £200,000 will attract a court fee of 5% of the amount claimed with claimants issuing through Secure Data Transfer or Money Claims Online (MCOL) eligible for a 0.5% discount (charged 4.5% of the value of the claim) - although claims over £100,000 may not use the MCOL system.
The Law Society issued the following example of what this increase means in practice:-
It has always been necessary for a Claimant to make carefully considered commercial decisions when contemplating litigation.
The following fees are what you can find on the Courts and Tribunal website:
Should you have any queries about your pending claim, please contact me and the Litigation team on 01604 828 270 or email me at email@example.com.