Washington Mortgage & Insurance Centre Limited
What this means for you
Because Washington Mortgage & Insurance 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
Washington Mortgage & Insurance Centre Limited (FRN 201928) was declared in default by the Financial Services Compensation Scheme on 18 December 2013. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation, though specific claim limits depend on the financial products involved; deposits and mortgages are typically covered up to £85,000, while insurance claims are covered at 90% with no upper limit.
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.