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One of the 12 making the list is Midland Independent Financial Services (formerly known as The Mortgage Shop), which the FSCS believes to be incapable of meeting claims in-house. Clients owed money by the firm may therefore be able to make a claim against them to secure lost funds.

The 11 remaining firms are listed as:
If you have lost an investment to one of the above newly in-default companies or any other in the financial services sector, contact our team today. For more information, see our resources on investment and pension mis-selling here:
Get in touch today for a no-obligation 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.
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