FSCS in-default register

Moreover Savings and Finance Limited

Declared in default25 March 1999FRN 121226

What this means for you

Because Moreover Savings and Finance 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

Moreover Savings and Finance Limited (FRN 121226) was declared in default by the Financial Services Compensation Scheme on 25 March 1999. The firm's primary product types are not specified in available records. Eligible customers may be entitled to compensation of up to £85,000 for deposits or £85,000 for mortgages, depending on the products they held with the firm at the time of default.

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.