FSCS in-default register

Acorn Mortgage & Insurance Brokers Limited

Declared in default21 September 1999FRN 120898

What this means for you

Because Acorn Mortgage & Insurance Brokers 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

Acorn Mortgage & Insurance Brokers Limited (FRN 120898) was declared in default by the Financial Services Compensation Scheme on 21 September 1999. The firm operated as a mortgage and insurance broker, offering related financial products to customers. Former clients may be entitled to compensation of up to £85,000 for mortgage claims and 90% of losses (without limit) for insurance claims under FSCS protection rules.

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.