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Lomax Student Halls SIPP Claims Guide

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Get Claims Advice are a claims management company. You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

Lomax Student Halls Investments

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 returns in 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 seemed to experience difficulties, with some investors reporting missed coupon payments on their loan notes…

As a high-risk SIPP investment, Lomax Student Halls weren’t suitable for every investor and we now know that many SIPP investors were mis-sold, leading to a flurry of mis-sold pension claims by those who caught on.

If you invested in Lomax, you may still be able to make a claim. Find out with a FREE initial assessment with Get Claims Advice.

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What is the Lomax Student Halls investment valued at?

The story of Lomax Student Halls has been ongoing for some time, but several years ago the FSCS started valuing the investment at £zero, meaning they felt the investment had lost all of its value.

Obviously not what investors will want to hear, but it could mean that a claim could be made if you were mis-sold Lomax by a regulated financial adviser.

Speak with a specialist claims handler today

If you invested in Lomax Student Halls, you may be able to claim

Get Claims Advice are a claims management company. You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

Can you claim for Lomax SIPP mis-selling compensation?

Several financial advisers and the FSCS have been paying out compensation for the mis-selling of Lomax Student Halls investments via SIPPs for a few years, with Get Claims Advice often leading the claim on a No Win – No Fee* basis.

If you:

  • Transferred your pension to a SIPP
  • Invested in Lomax Student Halls or other high-risk investments
  • Aren’t earning over £100k per year
  • Aren’t a Sophisticated Investor

Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.

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Could you be owed compensation for a mis-sold Lomax Student investment?

Find out now with a free call back from one of our specialists

Get Claims Advice are a claims management company. You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

We’ve made successful claims over mis-sold Lomax investments before

Click the button below to see an example of a Get Claims Advice claim over a mis-sold Lomax SIPP investment

See example claim

Ready to make a claim with Get Claims Advice?

 

Receive a free call-back from a specialist to get started

Get Claims Advice are a claims management company. You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

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Ready to make a claim?

Speak with an adviser to see if you can make a claim on a No Win – No Fee* basis

Get Claims Advice are a claims management company. You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.