UCIS ProfNeg Terms and Conditions
UCIS Profneg will provide you with a FREE Report assessing whether or not the property you have purchased is part of an Unregulated Collective Investment Scheme (UCIS) and consider your rights to recover your outlay into that Investment. If we conclude that the Investment was into an Unregulated Collective investment scheme, we will refer your papers and our Report to a firm of suitably qualified and experienced solicitors to make a recovery of your investment and associated losses. Our relationship with our Panel solicitors is on the strict understanding that their representation of you will be on a NO Win No Fee basis (a Conditional Fee Agreement (“CFA”); or a Damages Based Agreement (“DBA”)). Our arrangement with solicitors will require them to pay us a fee out of their own charges. At no point will UCIS Profneg ask you for any payment, and no charges will be made to you by us. In agreeing to these terms and conditions, you permit, authorise and request the firm of solicitors to which we refer your potential claim to share with us information relating to the progress of your claim so that we can ensure you are kept fully abreast of its progress.