Guide 13 November 2026 |  | Chris Roy |
PCP Claims 2026: Understanding PCP Mis-Selling, Compensation and the FCA Car Finance Scandal
Few drivers asked what their dealer earned for arranging PCP finance, and that question now sits behind thousands of PCP claims. The FCA launched a compensation scheme in March 2026, but legal challenges have paused much of it until an Upper Tribunal hearing in February and March 2027, while Barclays Partner Finance is offering early settlements to some customers. This guide covers what counts as mis-selling, who may qualify, how compensation is worked out, how to check an old agreement for free and how to spot PCP claim scams.
Guide 11 November 2026 | | Chris Roy |
Car Finance Mis-Selling in 2026: Your Guide to FCA Redress, PS26/3 and Consumer Rights
Mis-sold car finance remains a live issue for UK drivers with PCP or hire purchase agreements from 2007 to 2024. The FCA's PS26/3 redress scheme still sets the published rules on eligibility and compensation, but parts of it have been partially suspended pending Upper Tribunal hearings in February and March 2027. This pillar guide explains what mis-selling is, how redress is calculated, who may qualify, what voluntary early offers mean, and how to complain now.
News 10 November 2026 |  | Shannon Smith O'Connell |
Consumer Groups Urge Government to Rethink Financial Ombudsman Changes as Bill Reaches the Commons
A coalition of consumer groups and charities has urged the Government to rethink Financial Ombudsman changes in the Financial Services and Markets Bill, as the bill reaches Commons second reading. The coalition warns that Clause 7's new fairness test and Clause 6's FCA referral route could make redress slower and harder; the proposals are not yet law.
Guide 9 November 2026 | | Shannon Smith O'Connell |
How long does a PCP claim take? Car finance refund timelines for November 2026
Most PCP claims still have no fixed timeframe. The FCA's car finance compensation scheme is partially suspended until the Upper Tribunal hears four legal challenges between 16 February and 3 March 2027, although Barclays Partner Finance will make early settlement offers to some customers. This update explains the timeline, what the FCA expects from early offers and how long a refund takes once an offer is accepted.
| Chris Roy |
Car Finance Compensation Update: Latest FCA Scheme, Early Payouts, Claims Deadlines and 2027 Hearing
Some motorists could receive early car finance compensation after the FCA published new settlement guidance and Barclays confirmed plans to make voluntary offers. The wider scheme remains partially suspended, with the Tribunal hearing scheduled for February and March 2027.
News 5 November 2026 |  | Andrew Franks |
FCA Warns Lenders Against Low Car Finance Compensation Offers as Early Settlements Begin
The FCA has published new expectations for lenders offering early car finance compensation while its wider redress scheme remains partially suspended. Customers should receive at least the amount due under the current scheme, with a minimum of one month to consider an offer. The guidance also explains what accepting a settlement means for future compensation rights.
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.