Client Interest Policy

In order to comply with the Solicitors Accounts Rules 2019, it is our policy to pay clients interest on a fair and reasonable basis.

Read our policy below

Monies that are received on the client's behalf will be paid into an independently managed 3rd Party Account unless otherwise agreed.

Interest on client money is calculated when monies have cleared and is worked on a daily basis, compounded on an annual basis. We will then account to clients for interest at the end of their claim. However, should the calculated total interest due at the end of the claim be less than £20 then no interest will be paid.

The current rate of interest that Gavin Renwick pays on money due to clients is available upon request.

Clients are unlikely to receive as much interest as they might have done had they invested the money themselves.