FSCS in-default register

A A C Mortgage & Insurance Consultants

Declared in default7 March 2005FRN 126597

What this means for you

Because A A C Mortgage & Insurance 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

A A C Mortgage & Insurance Consultants (FRN 126597) was declared in default by the Financial Services Compensation Scheme on 7 March 2005. The firm provided mortgage and insurance consultation services to customers in the United Kingdom. Eligible customers may be entitled to FSCS compensation of up to £85,000 for mortgage-related claims and up to 90 per cent of losses for insurance-related claims, subject to scheme terms and conditions.

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.