FSCS invites claims following mortgage broker default

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The Financial Services Compensation Scheme has alerted consumers that they may be eligible for compensation following a mortgage broker default.

Manchester-based The Mortgage Point is among 18 other financial firms the lifeboat fund is inviting consumer claims against.

The group also includes former IFAs with mortgage permissions such as London-based De Havilland Financial Management and Ideal Financial Solutions, of Dorset.

An FSCS spokesman says: “Anyone who believes they may be owed money as a result of their dealings with any of these firms should get in touch. We may be able to help you.”

Las month the FSCS made a similar announcement about two more mortgage brokers, Ocean Finance and Mortgages, of Staffordshire and Roseberry Mortgage Solutions, of Middlesborough.