Alternative option for funding divorce litigation

Following the withdrawal of legal aid in the majority of family cases we at Terry Jones Solicitors have been looking at other ways to help our clients meet the cost of divorce proceedings.

We are delighted to inform you that we have been accepted on to the panel of Novitas Loans who are able to provide a loan facility to help pay the legal costs of people going through a divorce. The loan is provided as a facility so clients draw down against the facility as and when needed, providing fast and efficient lending. The scheme is based on the fact that capital will be realised on the sale of property and at that stage the loan is repaid from the client’s share of the capital.

Of course, this is only one option for funding potentially available to clients who should also explore other sources of borrowing available to them.

If you are interested in the scheme then please do not hesitate to contact Sue Fitzmaurice on 01743 285888.

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