Turnpike Motors Ltd
What this means for you
Because Turnpike Motors Ltd 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
Turnpike Motors Ltd, trading as Motor Range Ltd (FRN 308733), was declared in default by the Financial Services Compensation Scheme on 3 December 2018. The firm's specific financial product offerings cannot be determined from available records. Former customers may be eligible for FSCS compensation, though entitlements depend on the classification of products sold; standard limits apply at £85,000 for investments, mortgages, and deposits, or 90% of losses without limit for insurance products.
Products this firm wrote
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.