FSCS in-default register

Second Mortgages Limited

Declared in default21 April 2011FRN 302012

What this means for you

Because Second Mortgages 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

Second Mortgages Limited (FRN 302012) was declared in default by the Financial Services Compensation Scheme on 21 April 2011. The firm's product portfolio cannot be specified from available records. Former customers may be entitled to compensation under FSCS protections, subject to the applicable limits for their product type.

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.