FSCS in-default register

South Coast Trade Centre Ltd

Declared in default10 January 2022FRN 452440

What this means for you

Because South Coast Trade 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

South Coast Trade Centre Ltd (FRN 452440), a firm authorised to handle payment protection insurance claims, was declared in default by the Financial Services Compensation Scheme on 10 January 2022. The firm provided services related to PPI claims management for UK consumers. Former customers with eligible claims may be entitled to compensation of up to 90 per cent of their losses under FSCS protection, with no upper limit applied.

Products this firm wrote

Ppi Claims

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.