Cain Lambert Ltd, previously PAR Capital Mortgages Ltd
What this means for you
Because Cain Lambert Ltd, previously PAR Capital Mortgages 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
Cain Lambert Ltd, previously operating as PAR Capital Mortgages Ltd (FRN 302240), was declared in default by the Financial Services Compensation Scheme (FSCS) on 30 August 2018. The firm's product offerings cannot be determined from available records, limiting specification of the services it provided to customers. Former customers may be eligible for FSCS compensation up to £85,000 for deposits and mortgages, or 90% of losses without limit for insurance products, depending on which services they held with the firm.
Products this firm wrote
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.