"Many PCP agreements were mis-sold. The numbers tell the story."
Key Ledgers provides independent financial analysis of PCP, HP and consumer finance agreements, supporting solicitors in mis-selling and unaffordable lending disputes.
Personal Contract Purchase (PCP) and Hire Purchase (HP) disputes involve the analysis of finance agreements, commission arrangements and lending decisions. Following the FCA's review of motor finance and the Court of Appeal decision in Johnson v FirstRand Bank, this has become one of the most active areas of consumer litigation.
Key Ledgers provides independent financial analysis to support solicitors representing claimants and defendants in PCP, HP and broader consumer finance disputes.
Forensic review of finance agreement terms, commission arrangements and whether the agreement was explained properly to the consumer.
Analysis of whether the finance product was suitable for the consumer given their financial position and the product's features.
Calculation of the financial loss suffered as a result of the mis-selling, including excess interest paid and remedies available.
Whether discretionary commission arrangements were properly disclosed to the consumer, and whether the broker had authority to set the interest rate.
Analysis of whether the lender carried out appropriate affordability checks and whether the finance was suitable given the consumer's circumstances.
Calculation of the excess interest paid compared to a fair rate, and any other financial loss arising from the mis-selling.
Independent financial analysis in civil and criminal disputes. Fund tracing and loss quantification.
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Independent assessment of lending decisions - income, expenditure and creditworthiness to evidential standard.
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CPR Part 35 compliant reports and court attendance. Duty to the court.
View serviceWe respond to all enquiries the same working day. Instruction details are treated as confidential from the first contact.
"We respond to all enquiries the same working day."