FSCS in-default register

Residential 1 Limited

Declared in default30 September 2010FRN 303408

What this means for you

Because Residential 1 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

Residential 1 Limited (FRN 303408) was declared in default by the Financial Services Compensation Scheme on 30 September 2010. The firm's specific product offerings cannot be determined from available records. Eligible customers may claim compensation from the FSCS, though the applicable limits depend on the type of financial product involved in their claim.

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.