World of Mortgages Ltd
Declared in default2 October 2017FRN 430499
What this means for you
Because World of Mortgages 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
World of Mortgages Ltd (FRN 430499) was declared in default by the Financial Services Compensation Scheme on 2 October 2017. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation, though the specific limits depend on the products they held with the firm.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.