Mortgage finance company, Gateway Home Loans, is one of nine firms which defaulted in June and July, according to the latest data.
According to Companies House, the firm was dissolved in 2019 but it has only been classed as being in default since July this year.
The company, which was based in Leicester, was incorporated in 2007 and its latest results filed in 2018 it reported having around £1.8m in current assets.
The Financial Services Compensation Scheme (FSCS) added that other firms in default in June and July this year included Newport-based Capital Asset Management, Milton Keynes-based Unite Financial Services and Paradigm Financial Partners, Karl Jones trading as Total Financial Solutions, insurance specialist Paxtons Insurances, Crewe-based Premiumwatch Financial Services, life insurance company TFP Life & Pensions Ltd and financial intermediary Westminster Financial Planning.
FSCS’ chief counsel James Darbyshire said: “FSCS was set up by Parliament in 2001 and we are here to contribute to financial stability in the UK. For the past 20 years, we have been getting customers of failed authorised financial services firms back on track.
“We are reaching out to let people know that compensation may be available if they have suffered losses due to the failure of a financial services firm. We are a free and independent service and customers can claim directly from us.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
