What is a Claims Management Company?

A Claims Management Company is a regulated business that offers advice or services to members of the public in respect of claims for compensation or any other form of recompense for loss or damage. At the Claims Bureau, we specialise in regulatory financial misselling claims and are particularly renowned for Mortgage Claims, Investment Claims and Pension Claims (SIPPs and Pension Liberation)

Who regulates you?

The Claims Bureau is a trading style of The Mortgage Claims Bureau Limited, CRM No: 30565, and we are proud to abide by the rules and regulations as set out by the Claims Management Regulator in respect of claims management activities. The Secretary of State for Justice holds the post of Regulator to authorise and regulate claims management companies and:

Set and monitor standards of competence and professional conduct;

Promote good practice, in particular as to the provision of information about charges and other matters to users;

Promote practices likely to facilitate competition;

Ensure that arrangements are made for the protection of users, including complaints handling.


How much do you charge?

No fee will be charged if your claim is unsuccessful. However, on rare occasion, a fee may be payable subject to work already undertaken, in the event that you – the client – cancel the agreement after an initial 14 day cooling off period.

A fee of 30% of the compensation awarded (inclusive of VAT) is payable to The Claims Bureau or the appointed Solicitor, only if the claim is successful. This means, for example, if we succeed in obtaining £100,000 in compensation, the fee would be £30,000 inclusive of VAT. So you would receive £70,000.

For pension claims, a fee of 20% of the compensation received (inclusive of VAT) is payable to The Claims Bureau or the appointed Solicitor, only if the claim is successful. This means, for example, if we succeed in obtaining £100,000 in compensation, the fee would be £20,000 inclusive of VAT. So you would receive £80,000.

To read about the fees and charges associated with our Spanish Property Deposit Reclaim service, please see our specific Reclaim in Spain pages.

Will I have to pay anything upfront or if my claim is not successful?

Absolutely not. We operate on a strict no win no fee basis.

Have you had any success?

Absolutely! We are proud to say that of the total figure paid out by the Financial Services Compensation Scheme (FSCS) for Home Finance Intermediation Claims in 2015/16, the Claims Bureau accounted for a little over 60 per cent. That means more than 1 in every 2 of all positive decisions reached by the FSCS were to the benefit of Claims Bureau customers.

We continue to lead the way in recovering money for investors in such schemes as Instant Access Properties/Fuel Investments, Harlequin, Ocean View Properties and many more, including Spanish Bank Guarantee claims.

How much could I win?

An award of compensation is based on an assessment of all the money you have lost plus any costs, legal fees, accrued interest, and less any money you may have already got back. This is all subject to the ceiling limits on how much the relevant body pays out. The Financial Ombudsman Service (FOS) is limited to one claim per financial adviser and the Financial Services Compensation Scheme (FSCS) one claim, per complainant, per financial adviser. So, a couple (as two people) may be entitled to the maximum FSCS pay-out of £50,000 per complainant, per financial adviser, which is a total of £100,000.

For the FOS the maximum is £150,000 per financial adviser, regardless of how many people are part of your claim. So a couple could still receive the full £150,000 but not each. The FOS does have discretion to request a business pays more than £150,000 if they feel that such a sum would more accurately reflect the losses incurred, however they can only tell a business to pay up to £150,000. Please note that the figures quoted are current ceiling limits and are subject to change by the relevant bodies. They are by no means intended as a guarantee of any payout you may receive.

The Pensions Ombudsman does not have a limit when awarding compensation for financial loss.

By way of example:

10 years ago you re-mortgaged your home to pay a £50,000 deposit on an overseas off-plan property that was never built

Over the course of the 10 years, you have paid an additional £24,999 in interest only mortgage payments on your home.

Therefore your possible compensation entitlement could be £74,999 (£50,000 + £24,999) subject to the above-mentioned limits, our fees and your tax obligations.

How long will it take to get my money?

On average you will need to allow between 9 and 12 months after our receipt of a correctly completed claim pack. This timeframe is largely dependent on two factors:

1) The time taken for you to gather all the relevant information;

2) The time taken by the brokers, lenders and regulatory bodies to respond to us and provide all the documents we need.

However, if you are facing genuine and immediate financial hardship please let us know at the first opportunity as there are processes in place with the relevant financial bodies to prioritise such claims.

Will I have to fill in a lot of complicated forms?

As experts in our field, we know the right questions to ask and precisely how much detail is required in order to achieve a successful claim. This level of knowledge and experience allows us to hone our claims forms and make them as simple and streamlined as possible.

If you have any difficulties completing our forms, or should you have any questions at all, we are always happy to go that extra mile to help you out.

Shouldn’t I have made my claim within a certain timeframe?

If we are submitting your claim to the Financial Ombudsman Service (FOS) – this is for claims against businesses who are still trading or who have not yet been declared in default* by the Financial Services Compensation Scheme (FSCS) – you have: Six months from the business sending you a final response (which has to mention the six-month time limit) and six years from the event you are complaining about (or – if beyond that period, and if applicable – three years from when you knew, or could reasonably have known, you had cause to complain).

If we are submitting your claim to the Financial Services Compensation Scheme (FSCS) – for those businesses declared to be in default* – you have: Three years from when you knew, or could reasonably have known, you had cause to complain.

If we are submitting your claim to the Pensions Ombudsman (PO) – this is for claims against businesses who are still trading or who have not yet been declared in default* by the Financial Services Compensation Scheme (FSCS) – you have three years from the date of the act which is the cause for complaint. However, this time limit may be extended at the Ombudsman’s discretion if you were not aware of the cause for complaint at the time it occurred. In such an instance you will have three years from when you knew, or could reasonably have known, you had cause to complain.

*The FSCS may declare a business in default if it concludes that there are not sufficient funds within the organisation to meet the total of the claims against it.

What if I can’t find a lot or any of my paperwork?

Please don’t worry. In order to make a claim, two pieces of evidence are required:

1)      Your recollection. Our claims form is specially tailored to guide you through this process as easily as possible.

2)      Documentary support. We can submit Subject Access Requests on your behalf to the relevant organisations, allowing us to obtain the necessary documentation to support your claim. These are made at no extra cost to you but please be aware that your claim may be slowed down by the time taken for brokers, lenders and regulatory bodies to respond to us and provide all the documents we need.

I don't see the scheme I invested in mentioned on your site, can I still claim?

Yes, you can.

We cannot mention all the schemes of which we have knowledge, and we are aware there are many we haven’t yet come across. The bottom line is that if you received advice from a person or persons regulated and authorised to conduct financial business in the UK, or if such persons had knowledge of your intentions to invest in an off-plan property scheme which has subsequently lost you money, you could have grounds to claim.

Can’t I just make the claim myself?

You are perfectly entitled to submit a claim yourself, seek independent legal advice or shop around claims management companies.

However, we would like to point out that although other claims management companies and many individuals may have had success with PPI and other claim types, it doesn’t follow that they will have had the same with a mortgage, investment or pension claims, which are extremely complex and most certainly not a simple tick-box exercise. We have an experienced team dedicated to structuring your claim who has already won a high number of cases. We understand precisely what the Financial Services Compensation Scheme will look for, which means that we can help minimise delays and give you the best possible support and advice, taking the stress out of your claim.

My mortgage has since been paid off, can I still claim?


The issue is the money you lost as a consequence of the advice received at the time.

I fully understood that I was dependent on the success of my investment property – can I still claim?

If you were, at the time, an experienced high-risk investor or a person proven to be of sufficient financial knowledge of whom it could be reasonably assumed was aware of and comfortable with all the possible consequences, and your financial adviser was fair, clear and not misleading in explaining and assessing your attitude to all the risks involved, then you are unlikely to have grounds to claim.

If, on the other hand, you were none of the above and your financial adviser did not adequately assess your attitude to risk and did not explain everything in a fair and clear manner, then, regardless of what you may have understood at the time, you could have grounds for a claim.

I raised the money myself and didn’t go through a broker or financial adviser, can I still claim?

If you re-mortgaged your home there will be evidence of a suitability letter/lending profile in the paperwork from your lender – if we can prove it was known what the money was to be used for, you have grounds for a claim.

Alternatively, if it can be proven that you received advice to invest from a person or persons authorised and regulated by the Financial Conduct Authority (FCA) but you subsequently chose to raise the funds required by yourself or through a non-regulated method (such as savings) you may still have grounds for a claim.

Call us on 01903 868251

What if my claim has already been rejected?

If you have previously submitted a claim that has been rejected by the relevant body, you may still be able to re-submit through us. Mortgage, investment or pension claims are extremely complex and many people get them wrong. We have a vast amount of knowledge and experience and as such can judge whether a decision reached on your claim was sound or whether a possible incorrect decision may have been made.

How do I begin to make a claim with you?


Please click the Make an Enquiry button at the top right of this page;

OR click Let’s Chat at the foot of this page;

OR call us today on 01903 868251.

Our team of experts are waiting to help