News 1 October 2026 |  | Andrew Franks |
Close Brothers Car Finance Compensation Provision Rises to £320m
Close Brothers has taken another £164.7 million charge for historic motor finance commissions, bringing its total provision to around £320 million. We explain what the latest results mean for Close Brothers car finance claims and why the provision does not guarantee individual compensation payments.
Guide 30 September 2026 |  | Chris Roy |
What to Do If Your Lender Does Not Acknowledge Your PCP Complaint
If your lender has not acknowledged your PCP claim, it does not automatically mean your complaint has been rejected. This updated guide explains how to confirm your complaint was received, when to follow up, what to do if you cannot find an old agreement, and how the FCA scheme’s legal challenges and partial suspension affect car finance claims in 2026.
News 29 September 2026 | | Andrew Franks |
UK Car Finance Market Splits as New Car Lending Rises but Used Finance Falls
UK consumer car finance volumes fell slightly in July 2026, but the headline figure masks a widening divide in the market. New car finance grew by 10% while used car finance volumes fell by 7%, although overall activity remains higher for the year to date.
Guide 28 September 2026 |  | Shannon Smith O'Connell |
How to Recover Old PCP or HP Paperwork If the Dealer Has Closed
If your dealership has closed and your old PCP or HP paperwork is missing, you may still be able to trace the finance agreement. This updated guide explains how to use lender records, bank statements, Experian, TransUnion and Equifax, plus car finance refund checks and PCP claim services, while covering the latest FCA legal challenges and delays affecting claims in 2026.
News 25 September 2026 | | Andrew 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.
News 23 September 2026 | | Andrew 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.
Guide 22 September 2026 | | Shannon 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.
News 21 September 2026 | | Andrew 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.
News 18 September 2026 | | Andrew 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.
Guide 17 September 2026 | | Shannon 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.