With help from a specialist funder, you can afford to hire a great lawyer and win the divorce settlement you truly deserve
Simply submit our application form and we’ll then email you asking a few short questions about your case. Once we have your case details, one or more solicitors from our pre-approved panel will contact you to discuss your case, and your eligibility for funding. All our solicitor partners are expert divorce lawyers, and have pre-arranged agreements with specialist legal funders.
Our service is completely free and there is no commitment required from you: You’re free to chose any of the solicitors and funders you like, or none at all.
You can get funding for the majority of family law cases; including divorce proceedings, cohabitation property disputes, and child custody cases.
A specialist legal loan can be used to fund the whole of your lawyer’s fees, and any additional legal costs such as court fees. The funding can also be used to further strengthen your case by paying for specialists like a barrister, a forensic account, or a surveyor. Some lenders can also provide you a separate facility to cover your reasonable living expenses.
Rates vary between different providers, but they typically charge a simple (non compounded) rate of around 1.5% per month. Interest is generally only charged on the amount drawn down, and only repaid at the end of your case, directly from the settlement amount.
For example, if you had a pre-approved loan of £10,000 at 1.5% per month, and you used £6000 of it over 6 months for your legal fees, you would pay £540 in interest. Both the principal (£6000) and the interest (£540) would be repaid directly from your settlement amount at the end of the case.
*Note: These examples are illustrative only, and rates will vary by lender.
Credibility – A legal funding loan will be taken into account by a judge as a liability on your side (meaning they can award you a larger share of the divorce settlement to compensate), whereas a loan from friends or family might be considered a ‘soft’ loan, and not taken into account by the judge.
Flexibility – You can apply at any stage of your divorce proceedings, and interest is only paid on the amount drawn down for settlement of your lawyer's invoices.
No payments upfront –You only repay the loan at the conclusion of the proceedings, once the settlement has been paid.
Stress-free- You solicitor handles the entire application process on your behalf. Once approved, an account is opened for your solicitor and your pre-approved funds are deposited. Each time your solicitor raises an invoice he or she will ask you to approve it before drawing down the funds from the account.
In most cases your solicitor will repay the loan directly to the lender upon receipt of the final settlement amount . The balance of your settlement will then be paid to you. With most lenders the interest is rolled up and only becomes payable at the end of the loan term when the loan itself is repaid.
Most solicitors and funders can turn around your loan application in a matter of days. You can apply at any stage of your case, and you will always have 14 day cooling off period after signing the loan agreement.
Your solicitor is completely independent and receives no financial incentive from either FundingMyClaim.com, or from the lender. However, you and your solicitor will benefit from the loan in the sense that all legal costs and disbursements are paid without delay, meaning the strategy of the case will not be hindered by lack of access to funds.
Should you wish to apply via FundingMyClaim.com we can help you find an independent lawyer who will be able to request legal funding on your behalf.
For this introduction we may receive a commission from the lawyer. We will only ever introduce you to a pre-approved lawyer or law firm who are experts in their field, and who are fully independent.
No- FundingMyClaim.com is not a law firm, and is not a regulated entity.
Although authors or contributors to this website may be legal professionals, they are not your lawyer. All content and information on this website, including any ancillary information products such as our email newsletter, is/are for informational and educational purposes only, does not constitute legal advice, and does not establish any kind of lawyer-client relationship by your use of this website.