Simply Mortgages
Declared in default3 January 2018FRN 313655
What this means for you
Because Simply Mortgages 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
Simply Mortgages (FRN 313655) was declared in default by the Financial Services Compensation Scheme on 3 January 2018. The firm's product offerings cannot be determined from available data, preventing specification of the financial services it provided. Eligible customers may be entitled to FSCS compensation up to the applicable limit for their product type, subject to scheme eligibility criteria.
Products this firm wrote
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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.