Supreme Court Rejects Treasury’s Attempt to Intervene In Mis-Sold Motor Finance Claims

Bott and Co welcome a decision by the Supreme Court to reject Chancellor Rachel Reeves’ attempt to intervene in the ongoing car finance mis-selling claims.

In January, four months ahead of the expected Supreme Court ruling in April, the Treasury urged the court to consider the economic impact of upholding the Court of Appeal’s decision, warning of severe financial consequences for the sector.

However, Supreme Court judges have now ruled against and dismissed the intervention. The decision reinforces the rights of motorists who were unfairly charged excessive commission fees on car finance agreements and hopefully brings them one step closer to receiving the compensation they deserve.

We’re pleased that the Supreme Court has recognised that the Treasury’s intervention was unfair. Consumers who were mis-sold car finance deserve justice, and this ruling brings them one step closer to receiving the compensation they are entitled to.

Previously, Benson had criticised the Treasury’s stance, arguing that it sought to hand wrongdoers a “get out of jail free card” and would only encourage corporations to commit large-scale breaches of the law at the expense of consumers.

While the final Supreme Court ruling is still pending, motorists don’t have to wait to find out if they’re owed compensation.

Bott and Co’s Mis-sold car finance claim checker provides a risk-free way to check eligibility now, and our legal experts are prepared to guide claimants through the process once the ruling is handed down.