FSCS in-default register

Paul Tonks Mortgage Sourcing

Declared in default21 September 2017FRN 303484

What this means for you

Because Paul Tonks Mortgage Sourcing 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

Paul Tonks Mortgage Sourcing, registered with FRN 303484, was declared in default by the Financial Services Compensation Scheme on 21 September 2017. The firm provided mortgage services to UK consumers. Eligible customers may claim compensation up to £85,000 per person under FSCS rules for mortgage-related claims.

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.