Mortgage Selections Limited
Declared in default26 July 2011FRN 303363
What this means for you
Because Mortgage Selections 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
Mortgage Selections Limited (FRN 303363), a UK-regulated mortgage intermediary, was declared in default by the FSCS on 26 July 2011. The firm's principal business involved arranging mortgage products for consumers. Former customers may be entitled to FSCS compensation of up to £85,000 in relation to mortgage-related claims, subject to the standard 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.