Tenant lawyer urges ‘no-win, no-fee’ term to be regulated, not banned
Original Article Summary
A lawyer has defended the use of ‘no win, no fee’ terminology, despite some unregulated companies using it as a lead generation tactic. Legal regulators are reportedly considering banning the term over fears that people are often unaware of the fees they are liable to pay through some social media ‘claim-farmers’. Rick Law, housing disrepair […] The post Tenant lawyer urges ‘no-win, no-fee’ term to be regulated, not banned appeared first on PropertyWire.
PropMatch Curated Analysis
A housing disrepair lawyer argues against banning 'no-win, no-fee' terminology, instead advocating for better regulation to distinguish legitimate legal services from unregulated 'claim farmers' using the term for lead generation.
Investor Relevance
Affects landlords' exposure to tenant legal claims and associated costs. Changes to no-win, no-fee regulation could impact the volume and nature of housing disrepair claims, affecting both risk exposure and insurance considerations.
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