FSCS in-default register

Prestbury Financial Limited (also t/a Bsure, Loans UK, Moneybrain, Solution Network)

Declared in default29 October 2010FRN 310099

What this means for you

Because Prestbury Financial Limited (also t/a Bsure, Loans UK, Moneybrain, Solution Network) 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

Prestbury Financial Limited, which operated under the trading names Bsure, Loans UK, Moneybrain, and Solution Network (FRN 310099), was declared in default by the FSCS on 29 October 2010. The firm's specific product offerings cannot be determined from available records. Former customers may be eligible for FSCS compensation, though the applicable limits depend on the product type involved in their claim.

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.