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Motor Finance Claims North Ayrshire — FCA Investigation

Last updated: 27 February 2026

North Ayrshire — mlj.org.uk — Photo by Emiliano LG on Pexels

North Ayrshire, a Scottish council area with a population of 134,700 (ONS Census 2021), has been significantly impacted by motor finance mis-selling. Based on calculations using ONS Census 2021 data and FCA estimates, an estimated 12,729 drivers in North Ayrshire may have fallen victim to financial misconduct during the period from 6 April 2007 to 1 November 2024. ## How Motor Finance Mis-selling Affected North Ayrshire Dealerships such as Arnold Clark North Ayrshire, Peter Vardy North Ayrshire, Eastern Western Motor Group North Ayrshire, and Macklin Motors North Ayrshire were among those that sold Personal Contract Purchase (PCP) and Hire Purchase (HP) finance agreements. These dealerships likely benefited from discretionary commission arrangements with major lenders such as Black Horse (Lloyds Banking Group), [MotoNovo](https://mlj.org.uk/lenders/motonovo-finance) Finance, Close Brothers Motor Finance, [Santander Consumer Finance](https://mlj.org.uk/lenders/santander-consumer-finance), Barclays Partner Finance, and [Alphera](https://mlj.org.uk/lenders/alphera-financial-services) Financial Services (BMW). The issue arose when these lenders paid additional commissions to dealers for selling high-cost credit agreements, potentially leading to higher interest rates and fees for consumers. ## The FCA Motor Finance Investigation The Financial Conduct Authority (FCA) launched an investigation into motor finance mis-selling, revealing that over 12.1 million eligible agreements (FCA, March 2026) from 6 April 2007 to 1 November 2024 (FCA estimate). The total value of these agreements amounted to £7.5 billion (FCA estimate), with the average amount lost per agreement estimated at £829 (FCA estimate). This investigation uncovered practices that may have led to higher interest rates, increased fees, and other financial disadvantages for consumers who entered into PCP or HP finance arrangements through North Ayrshire dealerships. ## How North Ayrshire Residents Can Check Their Finance Agreements North Ayrshire residents can check their motor finance agreements by reviewing the paperwork they received when purchasing a vehicle. Key dates to look out for are from 6 April 2007 to 1 November 2024, during which the mis-selling period occurred. Gather any documents related to your finance agreement, such as loan contracts, payment schedules, and commission statements issued by local dealerships like Arnold Clark North Ayrshire or Peter Vardy North Ayrshire. ## How to Complain Directly to Your Lender for Free If you suspect that you were affected by motor finance mis-selling in North Ayrshire, you can complain directly to your lender for free. Major lenders operating in the area include Black Horse (Lloyds Banking Group), MotoNovo Finance, Close Brothers Motor Finance, Santander Consumer Finance, Barclays Partner Finance, and Alphera Financial Services (BMW). You do not need a claims management company; all complaints should be directed to the relevant lender first. If your lender does not resolve your complaint satisfactorily, you can escalate it to the Financial Ombudsman Service (FOS), which offers an independent review of financial disputes at no cost. The FOS provides a free and impartial service for resolving complaints between consumers and financial services firms in North Ayrshire and beyond. ## Sources and References - Financial Conduct Authority (2024) - Office for National Statistics Census 2021 - MLJ.org.uk (mlj.org.uk)

Car Finance Compensation in Your Area

The FCA confirmed that 12.1 million motor finance agreements across the UK qualify for compensation. The FCA-estimated scheme average of £829 per eligible agreement per agreement, totalling £7.5 billion in redress. If you took out PCP or HP car finance between 6 April 2007 and 1 November 2024, your agreement may be eligible regardless of where you live in the UK.

The final deadline to complain is 31 August 2027. You can complain to your lender directly for free. You do not need a claims management company.

Frequently Asked Questions

How many drivers in North Ayrshire are estimated to be affected by motor finance mis-selling?

Based on calculated data using ONS Census 2021 population figures and FCA estimates, approximately 12,729 drivers in North Ayrshire may have been affected by motor finance mis-selling.

What should I do if I suspect I was sold a motor finance agreement incorrectly in North Ayrshire?

If you believe you were sold a motor finance agreement improperly, the first step is to review your contract and any correspondence with the lender. You can complain directly to your lender for free and request a reassessment of your case.

How many motor finance agreements have been mis-sold in North Ayrshire since April 2007?

The total number of mis-sold motor finance agreements across the UK is estimated at 12.1 million (FCA estimate) as of November 2024. The exact figure for North Ayrshire would be a portion of this national total, but it highlights the widespread nature of the issue.

What average amount can I potentially recover if my motor finance agreement was mis-sold in North Ayrshire?

The average compensation recovered from mis-sold motor finance agreements is estimated to be £829 (FCA estimate) as of November 2024. However, the actual recovery will depend on the specifics of your case and the lender's assessment.

Important: MLJ.org.uk is an independent information resource. We are not a claims management company, solicitor, law firm, or financial adviser. We do not process claims, take fees, or provide advice. Where the law gives you a right to complain or claim directly (to a lender, council, FOS, court, or regulator), you can do so without paying a third party. MLJ.org.uk is operated by Copious Ltd, registered in England and Wales, company number 11437826.