FSCS in-default register

Advanced Vehicle Sales Ltd

Declared in default9 August 2019FRN 311004

What this means for you

Because Advanced Vehicle Sales Ltd 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

Advanced Vehicle Sales Ltd (FRN 311004) has been declared in default by the FSCS as of 9 August 2019. The firm's product type classification was not specified in available records, limiting detail on the nature of its financial services operations. Eligible customers may be entitled to FSCS compensation, though specific entitlements depend on the products held and applicable compensation limits for their category.

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.