FSCS in-default register

First Rate Home Finance Limited formerly S&P Finance Limited

Declared in default18 October 2019FRN 459061

What this means for you

Because First Rate Home Finance Limited formerly S&P 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

First Rate Home Finance Limited, formerly S&P Finance Limited (FRN 459061), has been declared in default by the Financial Services Compensation Scheme as of 18 October 2019. The firm's specific product offerings cannot be determined from available data. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the financial products involved.

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.