FSCS in-default register

Mortgage Advisory Centre Limited

Declared in default9 February 2006FRN 161654

What this means for you

Because Mortgage Advisory Centre Limited 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

Mortgage Advisory Centre Limited (FRN 161654) was declared in default by the Financial Services Compensation Scheme on 9 February 2006. The firm's specific product offerings cannot be confirmed from available records. Eligible customers may be entitled to FSCS compensation of up to £85,000 for mortgages or deposits, depending on the nature of 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.