The Financial Services Compensation Scheme (FSCS) is now open to considering claims regarding Westway Holdings Bonds.
What was Westway Holdings Ltd and what went wrong?
Westway Holdings Ltd was an investment property developer operating in the Supported Housing sector. Between 2016 and 2020, the company promoted retail bonds, stating they would be secured against company assets.
However, when Westway entered liquidation in 2020, it emerged that the bonds were not in fact properly backed by company assets. Westway’s directors are facing criminal prosecution and bondholders have been unable to recover the funds they invested from Westway.
FSCS claims in relation to Westway Holdings Ltd now being accepted
The FSCS is currently accepting claims relating to Westway Holdings Ltd’s bonds. It has begun reviewing claims involving two separate companies connected to the Westway investments. Depending on when you invested, you may be eligible to seek compensation for your losses.
Am I eligible to make a claim against Westway Holdings Ltd?
If you invested in Westway Bonds, you may qualify for compensation. Get in touch with our team of in-house Financial Litigation specialists, and we can assess your case and help you to recover your losses.
How do I take the first step to claim against Westway Holdings Ltd?
Register your interest by completing the form on the righthand side of this page, or give us a phone call. Our team is here to help guide you through the process and tell you whether you may be entitled to recover the capital you invested in Westway Bonds.
Do I need a Solicitor to apply for compensation?
You do not need to instruct a Solicitor to pursue compensation, and you can present the claim for free against the Financial Services Compensation Scheme (FSCS) free of charge.
However, such claims can be complicated and time consuming, and you stand a much better chance of success with the expertise and guidance of a legal representative.
Why should I use a Solicitor?
The Law surrounding Financial Litigation is complex and ever-changing. To be able to identify a problem with your pension, first of all you have to know what you are looking for. Once you have identified the issue, you then need to be able to articulate the problem with reference to any legal or regulatory frameworks.
By using a specialist solicitor, you will ensure that you put your best case forward and maximise your chance of success.
We have seen numerous cases in the past where pension mis-selling victims have pursued a legitimate claim themselves, only to have it turned down due to a technicality or because key grounds have not been particularised.
You have a higher chance of success by working with a Solicitor, who will ensure that there are no technical grounds for turning down your mis-sold pension claim and put you in the best possible position to receive what you are owed.
Why choose Oakwood Solicitors Ltd?
We are a Solicitors Regulation Authority (SRA) regulated firm, with may combined years of experience in Financial Litigation claims within our dedicated, in-house team.
We take the hassle out of the claims process, as we do all the hard work for you. We will complete all the necessary paperwork and obtain all the required documentation to support your claim
You will be allocated your own experienced claims handler who will keep you fully informed throughout the whole process.
WHAT TO DO NEXT
If you have been financially affected by Westway Holdings Ltd and are looking to claim compensation, get in touch today for a no-obligation initial consultation.
Choose one of the methods on the right-hand side of this page, or call us on 0113 200 9720 to find out how we can help you.
Laura Barbera joined Oakwood Solicitors Ltd as a Solicitor in May 2022. Laura is a dual qualified professional in both the United Kingdom and Spain.
Laura comes from a legal and financial services …
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