FSCS in-default register

Yes Loans & Mortgages Limited

Declared in default2 June 2010FRN 305135

What this means for you

Because Yes Loans & 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

Yes Loans & Mortgages Limited (FRN 305135) has been declared in default by the Financial Services Compensation Scheme as of 2 June 2010. The firm's specific product offerings cannot be determined from available data. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the product categories the firm provided.

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.