FSCS in-default register

Next Generation Mortgages Limited

Declared in default21 August 2012FRN 301704

What this means for you

Because Next Generation Mortgages 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

Next Generation Mortgages Limited (FRN 301704) was declared in default by the Financial Services Compensation Scheme on 21 August 2012. The firm offered mortgage-related financial services to UK consumers. Eligible customers may be entitled to compensation of up to £85,000 per person under FSCS protection rules.

Products this firm wrote

--

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.