Our fees in respect of the online insolvency claims services are as follows:
Fees | Rate | When payable | |
1 | Listing Fee | £350 | Payable by Seller when listing a Trading Insolvency Claim on the Redebt website |
2 | Transaction Fees | 2.0% of the Purchase Price | Payable by Seller User upon the binding contract for the sale of the Traded Portion of a Trading Insolvency Claim . Please note that the contract for the sale is created when Seller User accepts a Bid Offer. The Transaction Fees are set off from the deposit or advance payment made by the Seller User |
3 | KYC Fee | £20 | This is a third-party fee payable to our partner, Smart Search at the time of registering a User onto the Redebt website |
4 | Claim Document Fees | GPB 250 | This is a one off payment by User payable to Redebt to access Claim Documentation on the Redebt website in relation to a particular Trading Insolvency Claim |
Redebt reserves the right to review fees at any time provided it provides Users seven (7) days’ notice.
Redebt’s services do not include the provision of legal services and its is not authorised by the Solicitors Regulatory Authority. Users who may require legal services in relation to a Trading Insolvency Claim are advised to contact henry.kikoyo@keystonelaw.co.uk