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Published 4 July 2023
High level overview
From 1 October 2023 fixed recoverable costs (FRC) will be extended for claims up to £100,000. For credit hire this means that FRC will apply to all claims where proceedings are issued on or after 1 October 2023.
There will also be the introduction of the intermediate track for cases valued at over £25,000, up to £100,000. The procedure for the intermediate track is a hybrid of those for the fast track and the multi-track, with more active case management by the courts but with directions still likely to follow a standard pattern.
The intermediate track has four bands for complexity (Existing fast track claims will also be assigned to one of four bands for complexity, but with different criteria).
View the Fixed Recoverable Costs collection here.
Impact on credit hire claims
We have compiled FAQs which may be of assistance.
Credit hire fraud
We are hosting a non-injury fixed costs workshop on 26th July, featuring a range of our legal experts including Andrew Parker. Invites will be sent shortly.
For more information or advice, please contact a member of our Vehicle Hire and Damage Team.
+44 (0) 163 365 7891
+44 (0) 1633 657 620
+44 (0) 121 698 5309
London - Walbrook
+44 (0)20 7894 6350
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