Millions Could Claim Share of 56m Car Delivery Compensation

News 25 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Millions of UK Drivers Could Claim Share of £56m Car Delivery Compensation

Millions of UK motorists and businesses could receive a share of almost £56 million after compensation was approved over inflated new car delivery charges. Find out which vehicles could qualify, how much drivers may receive and how the scheme works.

BMW Sets Aside £611.6m for Car Finance Compensation

News 23 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

BMW Sets Aside £611.6m for Car Finance Compensation as UK Finance Arm Posts Loss

BMW's UK finance arm has increased its motor finance compensation provision to £611.6 million and reported a £139.3 million pre-tax loss. We explain what the figures mean for BMW car finance claims and why the provision is not a confirmed customer payout.

What Happens If Your Car Finance Was Sold Claims 2026

Guide 22 September 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

What Happens If Your Car Finance Was Sold to Another Company?

If your car finance was sold or transferred to another company, you may still be able to pursue a car finance claim. This updated guide explains who may be responsible, what the Blue Motor Finance sale and FirstRand’s planned MotoNovo exit mean for customers, and how the FCA legal challenges are delaying car finance compensation in 2026.

Woodville Creditors Owed 299m as Administrators Investigate

News 21 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Woodville Creditors Owed £299m as Administrators Investigate Car Finance Funding

Collapsed car finance litigation funder Woodville Consultants faces almost £299 million in unsecured creditor claims after entering administration with just £254,734 in cash. Administrators are investigating its law firm loan book, £37 million owed by connected parties and how much could ultimately be recovered for investors.

Motor Finance Claims Firm Cuts Losses as Cases Progress

News 18 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Motor Finance Claims Firm Cuts Losses While Waiting for Cases to Progress

A major motor finance claims law firm has reduced its annual losses while continuing to fund a large portfolio of unresolved consumer cases. Consumer Rights Solicitors values its wider claims book at around £72 million, but its accounts highlight the high costs and financial uncertainty involved in large-scale consumer litigation.

What If My Lender Asks for More Information Car Finance Claims

Guide 17 September 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

What Happens If My Lender Asks for More Information About My Car Finance Claim?

Your lender may ask for more information to identify an old finance agreement or investigate your complaint. This updated guide explains what lenders may request, what to do if you no longer have the paperwork, how a car finance refund check may help trace historic agreements, and what the FCA’s partially suspended redress scheme means for information requests in 2026.

Can’t Find Your Car Finance Agreement How to Trace It in 2026

Guide 16 September 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

I Can’t Find My Car Finance Documents. Does That Stop Me From Claiming?

Lost your old PCP or HP agreement? Missing paperwork does not necessarily stop you from investigating a car finance claim. Learn how to find old car finance agreements, how a car finance refund check may help trace historic finance, and what the FCA scheme’s legal challenges and delays mean in September 2026.

Nationwide and Investec Reportedly Bid for Aldermore

News 16 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

Nationwide and Investec Reportedly Join Bidding for Aldermore

Nationwide and Investec have emerged as potential bidders for Aldermore as FirstRand progresses its UK exit. The sale could determine the future ownership of MotoNovo Finance, which carries most of Aldermore Group's current motor finance redress provision.

Car Finance Claim if the Dealership Closed or Changed Ownership

Guide 15 September 2026

headshot of Shannon Smith O'Connell, Operations Director at  Reclaim247Shannon Smith O'Connell

Can I Make a Claim if the Dealership Closed Down or Changed Ownership?

A closed, sold or rebranded dealership does not automatically stop a car finance claim. This updated guide explains who to contact, how historic agreements and broker records may still be traced, what a car finance refund check can help with, and how the FCA legal challenges and partial suspension affect car finance and PCP claims in 2026.

FirstRand Puts MotoNovo Up for Sale After 548m Finance Hit

News 14 September 2026

headshot of Andrew Franks, expert in automotive and finance, and co-founder of Reclaim247Andrew Franks

FirstRand Puts Aldermore and MotoNovo Up for Sale After £548m Motor Finance Hit

FirstRand has formally put its UK business, including Aldermore Bank and MotoNovo Finance, up for sale after taking a £547.8 million pre-tax hit linked to motor finance redress. We look at why the group is leaving Britain and what the sale could mean for MotoNovo Finance claims.

© Claimsline Group Ltd 2025

Reclaim247.co.uk is a trading style of Claimsline Group Ltd, registered in England and Wales, Company registration number 09071409. Registered Office: C/O Burton Varley Ltd, The Counting House, 24 Richmond Road, Bowdon, Altrincham, England, WA14 2TT. VAT registration number 217654795. Registered with the Information Commissioner's Office; registration number ZA059156. You can find our terms of use, privacy policy and our cookie policy here. Claimsline Group Ltd is a claims management company. Any solicitor we recommend you to is an independent professional from whom you will receive impartial and confidential advice. You are free to choose another solicitor. Claimsline Group Ltd is authorised and regulated by the Financial Conduct Authority in respect of regulated claims management activities FRN Number is 831196.

3 The FCA currently estimates that most individuals could receive an average of £829 in compensation per agreement. We find an average of 2 car finance agreements per client, giving a potential total claim value of £1,658.