FSCS in-default register

Independent Mortgage Advice Bureau Ltd

Declared in default3 September 2018FRN 458757

What this means for you

Because Independent Mortgage Advice Bureau 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

Independent Mortgage Advice Bureau Ltd (FRN 458757) was declared in default by the Financial Services Compensation Scheme on 3 September 2018. The firm provided mortgage advice services to consumers. Former customers of the firm may be entitled to FSCS compensation of up to £85,000 in relation to mortgages.

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.