FSCS in-default register

Elton Finance (Cumbria) Limited formerly Taychart Limited t/a Elton Finance

Declared in default3 February 2015FRN 307160

What this means for you

Because Elton Finance (Cumbria) Limited formerly Taychart Limited t/a Elton Finance 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

Elton Finance (Cumbria) Limited, formerly operating as Taychart Limited under the trading name Elton Finance (FRN 307160), was declared in default by the Financial Services Compensation Scheme on 3 February 2015. The firm's product types are not specified in available records. Former customers of the firm may be eligible for FSCS compensation, subject to the scheme's standard limits depending on the category of product held.

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.