Barry Wayne Independent Financial Advisers (formerly Barry Wayne Mortgage Consultant)
What this means for you
Because Barry Wayne Independent Financial Advisers (formerly Barry Wayne Mortgage Consultant) 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
Barry Wayne Independent Financial Advisers (FRN 156479), formerly trading as Barry Wayne Mortgage Consultant, was declared in default by the Financial Services Compensation Scheme on 23 March 2007. The firm's regulatory product classification data is unavailable, preventing precise identification of services offered. Former customers may be entitled to FSCS compensation up to £85,000 for deposits or mortgages, or 90% of losses for insurance products, depending on the financial services the firm provided.
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.