Hi,
Apologies if this is the wrong place to ask this question, but at what point does the 8% County Courts Act (?) interest get applied? I ask because there are a lot of conflicting accounts (I can expand if necessary) and I like to know exactly where I stand (especially with the letter before action).
From what I've largely pieced together, I need to:
1. Send a preliminary letter with a list of charges and the approximation of interest charged, without the 8% interest.
2. If I don't get any joy, I need to send a letter/notice before action, again including the list of charges but I'm not clear whether or not I can include the 8% at this stage - I'm thinking this is, again, without the 8% added....? :?
3. Still no joy, I need to file a claim with the county court, at which point I can add the 8%.
Is this the case or have I completely lost it?
Many Thanks