FSCS in-default register

Rajan Business Centre Ltd

Declared in default30 May 2022FRN 671365

What this means for you

Because Rajan Business Centre 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

Rajan Business Centre Ltd (FRN 671365), a UK-regulated firm offering home finance products, was declared in default by the Financial Services Compensation Scheme on 30 May 2022. The firm provided mortgage-related financial services to retail customers. Former customers with eligible claims are entitled to compensation of up to £85,000 per person under FSCS protection rules for home finance products.

Products this firm wrote

Home Finance

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.