FSCS in-default register

Professional Mortgage & Investment Services

Declared in default27 November 2006FRN 118374

What this means for you

Because Professional Mortgage & Investment Services 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

Professional Mortgage & Investment Services (FRN 118374) was declared in default by the Financial Services Compensation Scheme on 27 November 2006. The firm's product types were not specified in available records. Eligible customers may claim compensation up to the FSCS limits applicable to their product category: £85,000 for mortgages or investments, or 90% of losses without limit for insurance products.

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.