News 4 November 2026 |  | Shannon Smith O'Connell |
Barclays Confirms Early Car Finance Compensation Offers, With Some Payouts Expected Before 2027 Tribunal Hearing
Barclays is moving ahead with early settlements while the wider FCA car finance compensation scheme remains partially suspended. The decision gives some customers a chance to resolve their complaints ahead of the February 2027 Tribunal hearing, although accepting an offer could affect their right to further compensation.
News 3 November 2026 |  | Andrew Franks |
Upper Tribunal Explains Why FCA Car Finance Compensation Evidence Must Face Further Scrutiny
The Upper Tribunal has published detailed reasons for allowing further economic evidence and ordering the FCA to disclose information supporting its motor finance compensation scheme. The publication explains the issues being examined ahead of the hearing from 16 February to 3 March 2027, while payments remain on hold under the suspended rules.
| Andrew Franks |
Car Finance Scandal Explained: Claims, Compensation and the Latest FCA Updates
Millions of motorists may qualify for compensation over historic car finance commission practices. This updated guide explains the FCA's redress scheme, the revised Tribunal hearing dates of 16 February to 3 March 2027, potential eligibility, compensation estimates and what consumers can do while payments remain on hold.
News 30 October 2026 | | Andrew Franks |
Santander Sets Aside £616m for Car Finance Compensation as Profits Fall 6%
Santander UK's profits fell 6% in the first nine months of 2026, with £616 million remaining in its provision for historic motor finance commission claims. The bank has chosen to prepare for the FCA compensation scheme rather than challenge it, but customers still face uncertainty over payment dates as the Upper Tribunal hearing approaches.
Guide 29 October 2026 |  | Chris Roy |
Why Could Two Motorists Receive Different Car Finance Compensation Amounts?
The FCA's compensation calculations face legal scrutiny as economic experts prepare evidence for the Upper Tribunal hearing from 16 February to 3 March 2027. Find out why motorists could receive different refunds.
News 28 October 2026 | | Andrew Franks |
Black Horse and Close Brothers Seek Supreme Court Appeal Over Thousands of Car Finance Claims
Black Horse and Close Brothers have applied to the Supreme Court to challenge a ruling allowing thousands of car finance claims to proceed together. The court has yet to decide whether to hear the appeal.
News 27 October 2026 | | Andrew Franks |
Car Finance Compensation Delays Continue as Tribunal Extends Hearing to March 2027
The Upper Tribunal has extended the hearing into legal challenges against the FCA's motor finance compensation scheme to 3 March 2027. New directions also set deadlines for expert evidence and disclosure, while compensation payments remain on hold.
Guide 26 October 2026 | | Shannon Smith O'Connell |
Can't find your old car finance agreements? How to trace them in 2026
Lost your car finance paperwork or forgotten your lender? Discover how to find old car finance agreements using credit reports, bank records and tracing services. This October 2026 guide also covers the FCA's partial suspension, legal challenges and confirmed February 2027 Upper Tribunal hearing.
News 23 October 2026 | | Andrew Franks |
Update on FCA car finance claims: lenders told how to deal with lost records and unpaid commission
The FCA has published further guidance on how lenders should assess historic car finance claims, including agreements with missing records or unpaid commission. The 19 October update clarifies lender responsibilities while compensation payments remain affected by ongoing legal challenges.
News 22 October 2026 | | Andrew Franks |
Major Law Firm Calls for Ban on Car Finance Claims Adverts Amid Duplicate Complaint Concerns
A leading UK law firm has proposed a temporary ban on car finance claims advertising after concerns emerged over motorists signing up with multiple representatives. The FCA and SRA are already working on measures to tackle duplicate claims and potentially unfair termination fees.