Brixham Finance Limited formerly Lerwick Financial Solutions Ltd and Lerwick Financial Solutions PLC
What this means for you
Because Brixham Finance Limited formerly Lerwick Financial Solutions Ltd and Lerwick Financial Solutions PLC 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
Brixham Finance Limited, formerly known as Lerwick Financial Solutions Ltd and Lerwick Financial Solutions PLC (FRN 300923), was declared in default by the Financial Services Compensation Scheme (FSCS) on 25 November 2019. The firm's specific product offerings are not documented in available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits depending on the nature of products held, though the absence of documented product types limits specification of compensation parameters.
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.