FSCS offices
Friday, 10 October 2025 09:58
Cheshire financial adviser fails
Gallery Finance Ltd, a financial advice firm which provided equity release, buy to let and mortgage advice in Cheshire, has been declared in default by the Financial Services Compensation Scheme.
The decision opens the door to ex-clients to claim up to £85,000 per successful claim from the FSCS, the industry compensation safety net for consumers.
Gallery Finance Ltd (FRN: 659898), based in Middlewich, Cheshire is no longer trading and has gone into creditors’ voluntary liquidation.
The FSCS said it had received three claims against the firm in relation to mortgage advice. One claim has now been upheld, triggering the default declaration.
Two of the three people listed on the FCA Register as working for the company were qualified to give advice on equity release and other areas.
According to the FCA Register the firm also gave advice on consumer buy to let mortgages.
The firm lost its authorisation to provide financial advice on 1 August.
Promote your vacancy to thousands of professionals on Financial Planning Jobs
Our specialist jobs service Financial Planning Jobs can help you reach nearly 12,000 financial professionals. You can set up an Employer Profile and post your job the same day on Financial Planning Jobs (terms apply). Dozens of Financial Planning and Paraplanning firms have used our affordable service to recruit new talent.
Offer: Use code 'FPJSaver10' on checkout to save 10% on your listing. Click for details:jobs.financialplanningtoday.co.uk/
This page is available to subscribers. Click here to sign in or get access.