News 10 September 2026 |  | Andrew Franks |
Black Horse Court Ruling Raises Questions Over Time Limits for Car Finance Claims
A County Court ruling involving a 2005 Black Horse finance agreement has raised new questions about time limits for historic car finance claims. The judge found that the Limitation Act does not prescribe a statutory limitation period for certain unfair relationship claims, although the non-binding decision is expected to be appealed.
Guide 9 September 2026 |  | Shannon Smith O'Connell |
Toyota Finance Claims 2026: Could More Than One Agreement Be Relevant?
Financed more than one Toyota over the years? Each agreement may have a different outcome under the FCA motor finance redress scheme. This updated guide explains Toyota finance claims, PCP and commission arrangements, the partial scheme suspension, upcoming Upper Tribunal hearings and why expected payouts have shifted into 2027.
News 8 September 2026 | | Andrew Franks |
Blue Motor Finance Customers Unlikely to Receive Full Car Finance Compensation
Blue Motor Finance customers who qualify for compensation may not receive everything they are owed after the lender entered administration. We explain why the historic liabilities did not transfer to Hodge, what happens to existing claims and why FSCS protection does not apply.
News 7 September 2026 | | Andrew Franks |
Less Than One Year Until Key Car Finance Claims Deadline
Motorists who believe they may have an eligible historic car finance agreement now have less than one year until an important FCA deadline. Consumers who are not contacted by their lender have until 31 August 2027 to complain and ask for their agreement to be considered under the Motor Finance Compensation Scheme.
News 4 September 2026 | | Andrew Franks |
Lenders Challenge FCA Over £9.1bn Car Finance Compensation Scheme
Mercedes-Benz Financial Services, Volkswagen Financial Services and CA Auto Finance have set out further objections to the FCA's Motor Finance Compensation Scheme. The three lenders are challenging aspects of the regulator's legal interpretation and redress methodology, while the FCA says it will robustly defend the scheme as the fairest and most efficient route to consumer compensation.
News 3 September 2026 | | Andrew Franks |
Consumer Voice Challenges FCA Over Car Finance Compensation Scheme
Consumer Voice has raised fresh objections to the FCA's Motor Finance Compensation Scheme, including concerns over compensation calculations and questions about Treasury involvement during its development. The FCA rejects the claims and says it designed the scheme independently to deliver fair compensation to affected motorists.
News 2 September 2026 | | Andrew Franks |
Consumer Car Finance Grows 7% as New Car Market Drives Demand
UK consumer car finance volumes increased by 7% in June 2026, while the value of advances rose 11%, according to Finance & Leasing Association figures. Growth was led by new car finance, where volumes climbed 21%, while used car finance remained broadly unchanged.
Guide 1 September 2026 | | Shannon Smith O'Connell |
Northridge Finance Claims 2026: NIIB, PCP Claims and the Latest FCA Redress Update
Northridge and NIIB finance agreements may fall within the FCA motor finance redress scheme if they meet the relevant criteria. This updated guide explains Northridge PCP claims, how to identify historic finance, the legal challenges affecting the wider scheme, the partial suspension and what the delayed timetable means for motorists in 2026.
News 31 August 2026 | | Andrew Franks |
CVC Joins Race for Aldermore as Car Finance Compensation Costs Loom Over Sale
Private equity giant CVC Capital Partners has joined the race to buy Aldermore as FirstRand prepares to sell the UK challenger bank. The auction comes after its owner set aside around £750 million for potential car finance compensation, with MotoNovo Finance potentially available as a separate part of the deal.
Guide 28 August 2026 | | Shannon Smith O'Connell |
Mercedes Finance Claims 2026: What the FCA Legal Challenge Means for Mercedes Customers
Mercedes finance claims face added uncertainty in 2026, with Mercedes Benz Financial Services among the parties challenging elements of the FCA redress scheme. This updated guide explains which historic agreements may be relevant, how PCP and commission arrangements are assessed, what the partial suspension means and when the Upper Tribunal hearings are expected.