FSCS in-default register

Central Mortgages & Loans Limited

Declared in default28 October 2013FRN 305453

What this means for you

Because Central Mortgages & Loans 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

Central Mortgages & Loans Limited (FRN 305453) was declared in default by the Financial Services Compensation Scheme on 28 October 2013. The firm offered mortgage and loan products to consumers. Eligible customers may be entitled to FSCS compensation of up to £85,000 in relation to their mortgage arrangements.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.