PFS Mortgage Consultants
Declared in default25 July 2001FRN 138140
What this means for you
Because PFS Mortgage Consultants 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
PFS Mortgage Consultants (FRN 138140), a UK-regulated mortgage intermediary, was declared in default by the Financial Services Compensation Scheme on 25 July 2001. The firm had provided mortgage advisory and arrangement services to retail customers. Former clients of PFS Mortgage Consultants may be entitled to compensation of up to £85,000 per claim under FSCS protection rules for mortgage-related losses.
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.