Furness Finance Limited
What this means for you
Because Furness Finance 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
Furness Finance Limited (FRN 313093) was declared in default by the Financial Services Compensation Scheme on 12 August 2011. The firm's specific regulated product types are not recorded in available data, limiting clarity on the exact scope of its financial services operations. Eligible customers of Furness Finance may be entitled to FSCS compensation, though the applicable compensation limit depends on the product category involved—typically £85,000 for deposits, mortgages, and investments, or 90% of claims for insurance products.
Products this firm wrote
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.