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CAN YOU MAKE A CLAIM?
Student halls. Many of us have memories there, but what about investing in them?
Lomax Student Halls Investments, available to be invested in via a SIPP pension gave people the chance to do just that, and offered some very attractive returnsin the process for the Stoke-based halls.
But Lomax student accommodation was always high-risk, not regulated by the FCA, leaving investors with no immediate protection from the FSCS, nor the Financial Ombudsman.
In 2016, Lomax seems to have experienced difficulties, with some investors reporting missed coupon payments on their loan notes…
FSCS VALUES LOMAX AT £ZERO
The Financial Services Compensation Scheme began valuing investments in Lomax Residential at £zero.
Find out if you can make a No Win – No Fee* claim with one of our FREE Initial Assessments.
Did you know, we’ve made successful claims over mis-sold Lomax halls before
We’re specialists in mis-sold SIPP claims, and have come across Lomax before.
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How could Lomax have been mis-sold?
Many people transferred their pensions to invest in Lomax, but the rules say this should only be recommended for certain people, like the ones described below. Anything else, and you may have been mis-sold…
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