I am Just about to move house and the Solicitors what to hold on to everyone’s money for a week. I am sure this is a way of making money of interest! Is there a way of claiming this interest made back?
Yes Solicitors are bound to hold your monies in a client account which earns interest and is obliged to pay over to you.
Check out the Law Society’s website for the interest payable on client accounts
www.lawsociety.org.uk
If you have any problems you can always contacts the legal complaints services in Leamington spa
PRP
If your solicitor does not
2 Responses
david791056
2009 Sep 28 1Your solicitor is legally obliged to return all interest from monies held. Make sure that this is on the final disbursements.
References :
papparapappa
2009 Sep 28 2Yes Solicitors are bound to hold your monies in a client account which earns interest and is obliged to pay over to you.
Check out the Law Society’s website for the interest payable on client accounts
http://www.lawsociety.org.uk
If you have any problems you can always contacts the legal complaints services in Leamington spa
PRP
If your solicitor does not
References :
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