North Eastern Brokers Limited
Declared in default17 January 2008FRN 118608
What this means for you
Because North Eastern Brokers Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
North Eastern Brokers Limited (FRN 118608) was declared in default by the Financial Services Compensation Scheme on 17 January 2008. The firm's specific product offerings cannot be determined from available records, limiting clarity on the scope of its regulated activities. Former customers may be entitled to FSCS compensation, though eligibility and claim limits depend on the financial products held at the time of the firm's default.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.