FSCS in-default register

Malcolm Pitts Insurance & Mortgage Brokers

Declared in default3 January 2007FRN 139041

What this means for you

Because Malcolm Pitts Insurance & Mortgage Brokers 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

Malcolm Pitts Insurance & Mortgage Brokers (FRN 139041) was declared in default by the Financial Services Compensation Scheme on 3 January 2007. The firm provided insurance and mortgage broking services to customers. Former customers may be entitled to FSCS compensation of up to £85,000 for mortgage claims and 90% of valid insurance claims with no upper limit, subject to scheme eligibility criteria.

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.