Posted on January 21, 2025 by Comms Team Treasury Looks To Intervene In Mis-Sold Motor Finance Claims Reports suggest that Chancellor Rachel Reeves is planning to intervene to protect car finance lenders from the potential fallout of the ongoing car finance…
Posted on January 15, 2025 by Comms Team High Court Grants Appeal In Mis-Sold Motor Finance Judicial Review On 17 December 2024, The High Court found in favour of the Financial Ombudsman Service (FOS) in a review of its decision to uphold…
Posted on December 19, 2024 by Comms Team FCA response to recent High Court Motor Finance Judicial Review Decision This week the High Court found in favour of the Financial Ombudsman Service (FOS) in a review of its decision to uphold a complaint…
Posted on December 17, 2024 by Comms Team High Court Finds In Favour Of FOS In Mis-Sold Motor Finance Judicial Review The High Court has found in favour of the Financial Ombudsman in a review of its decision to uphold a complaint relating to a discretionary commission arrangement in a motor finance agreement.
Posted on December 17, 2024 by Comms Team Supreme Court Grants Permission To Appeal In Johnson v. FirstRand Bank Ltd: A Pivotal Moment in Mis-Sold Motor Finance Cases The UK Supreme Court has decided to grant permission to appeal in the case of Johnson v. FirstRand Bank Ltd. This landmark case is poised to redefine consumer protection and financial accountability in the motor finance industry.
Posted on November 27, 2024 by Comms Team FCA Delays On Car Finance Mis-Selling Cases: What This Means for You The FCA has announced a significant delay in its timeline for deciding on potential mis-selling of car finance claims. We discuss what this means for consumers.
Posted on November 22, 2024 by Comms Team Proposed Extension To Allow Car Finance Firms More Time To Manage Hidden Commission Complaints The UK’s Financial Conduct Authority (FCA) is proposing to give motor finance firms more time to address complaints about commission disclosures.
Posted on November 14, 2024 by Comms Team How To Find Your Historical Car Finance Agreements For A Mis-Sold Car Finance Claim In addition to our instant car finance agreement finder, we recommend 7 ways to find historical car finance agreements to start your claim for mis-sold car finance.
Posted on November 13, 2024 by Comms Team Why Use A Solicitor Such As Bott and Co For Mis-Sold Car Finance Claims? Bott and Co recognise the concerns raised in a recent article regarding the use of solicitors and claims management companies for mis-sold car finance claims, however we feel that certain aspects of the article did not fully reflect the broader context of our work.
Posted on November 13, 2024 by Coby Benson Bott and Co Welcomes FCA Ruling on Car Finance Commission Complaints, Clearing the Way for Broader Consumer Redress In a major development for car finance claimants, the FCA today announced a consultation to extend the timeframe for responding to non-DCA motor finance commission complaints.
Posted on November 7, 2024 by Coby Benson A Landmark Shift: Court of Appeal Decision on Secret Car Finance Commission in Johnson, Wrench, and Hopcraft Cases The recent Court of Appeal decision in the cases of Johnson, Wrench, and Hopcraft marks a significant development in the realm of financial law, particularly concerning car finance commission payments to third parties.
Posted on October 25, 2024 by Comms Team Court Rules For Consumers In Motor Finance Appeal Case The decision of the Court of Appeal on the cases of Johnson, Wrench and Hopcraft were published today and there was a resounding, unanimous…
Posted on August 21, 2024 by Comms Team Bott and Co Collaborate with Reclaim247 to Simplify Mis-sold Car Finance Claims Bott and Co has joined forces with Reclaim247 to make the car finance claims process much simpler. Through the collaboration of multiple award winning…
Posted on April 9, 2024 by Comms Team Mis-sold Car Finance – 3 Months On From Landmark Ruling, What’s Changed? Despite legal rulings, both lenders and high street banks are stalling on their obligations towards the thousands of consumers who have been deceived by their unfair practices.
Posted on January 12, 2024 by Comms Team Financial Ombudsman Service Decision On Pivotal Test Case Of Young Vs Black Horse May Lead To Consumers Recovering Compensation For Mis Sold Car Finance Agreements Legal rights for individuals who may have been mis sold car finance agreements may be significantly improved after the Financial Ombudsman Service reached a decision on a test case involving a Bott and Co client.
Posted on December 13, 2023 by Comms Team Financial Ombudsman Service’s Decision On Car Finance Mis Selling May Be Imminent A decision from the Financial Ombudsman Service in relation to the mis-selling of car finance agreements is expected to be made imminently. It is hoped that the imminent decision finally provides a clear legal precedent on how these types of claims can be made.
Posted on December 1, 2023 by Comms Team Supreme Court Clears Way For Historical Mis-Sold Motor Finance Claims Over Hidden Broker Commissions In a landmark decision delivered by the Supreme Court, consumers who have been mis-sold financial products may now have a stronger chance of successfully claiming against lenders for not disclosing broker commission details.
Posted on July 6, 2021 by Comms Team Car Finance Market Mis-selling Scandal Explained In March 2019, the findings of an investigation by the Financial Conduct Authority (FCA) uncovered concerning evidence of widespread unclear and excessive car finance costs, affecting millions of UK drivers. Even more shocking is the discovery that the secret commission methods were used on what is commonly represented to be the most cost-effective way of buying a car.