Bank of Ireland Finance and residents in Yorkshire and The Humber are at the centre of an ongoing regulatory action regarding car finance agreements. With over 12.1 million eligible agreements (FCA, March 2026) across the UK, it is estimated that around 517954 individuals in Yorkshire and The Humber may be eligible for redress due to issues related to unfair practices.
Bank of Ireland Finance Car Finance Agreements in Yorkshire and The Humber
Bank of Ireland Finance has been a significant player in car finance within Yorkshire and The Humber, particularly from 6 April 2007 to 1 November 2024. Given the region's population of approximately 5,481,000 (ONS Census 2021), it is clear that many residents may have been affected by unfair practices in car finance agreements. These agreements likely involved a wide range of vehicles and could include issues such as discretionary commission arrangements (DCA) where brokers were incentivised to recommend higher-cost deals.
How to Complain to Bank of Ireland Finance from Yorkshire and The Humber
Residents in Yorkshire and The Humber who believe they have been affected by unfair car finance practices can directly complain to Bank of Ireland Finance for free. To start the process, visit their dedicated complaints page at https://personalbanking.bankofireland.com/help-centre/complaints/. This direct approach is straightforward and does not require the involvement of a claims management company.
What Yorkshire and The Humber Residents Should Do Next
Residents in Yorkshire and The Humber should gather all relevant documents before initiating a complaint. These may include loan agreements, payment records, and any correspondence with Bank of Ireland Finance or other lenders involved in the process. It is crucial to check if your agreement falls within the affected period (6 April 2007 to 1 November 2024). Once you have all necessary documentation and verification, proceed directly to Bank of Ireland Finance’s complaint system.
Sources and References
- Office for National Statistics (ONS) Census 2021
- Financial Conduct Authority (FCA) estimates: 12.1 million eligible agreements (FCA, March 2026) (£7.5 billion (FCA, March 2026) total, £829 average per eligible agreement)
- Bank of Ireland Group's provisions for motor finance redress
How Many People in Yorkshire and The Humber Are Affected?
Based on Yorkshire and The Humber's population of approximately 250,000, an estimated 52,238 motor finance agreements in the area may have been affected by discretionary commission arrangements (FCA estimate, proportional calculation). This represents approximately 0.37% of the UK total of 12.1 million eligible agreements.
Bank of Ireland Finance is registered at Companies House (company number 07022885) with a status of active. The company was incorporated on 2009-09-17. Its registered office is at 45 Gresham Street, London, EC2V 7EH, England. The company currently has 9 directors.
Bank of Ireland Finance Complaint Statistics
According to the Financial Ombudsman Service, Bank of Ireland Finance received 8 total complaints in H2 2024 BUSINESS. You can check the latest complaint data at the Financial Ombudsman Service.
Bank of Ireland Finance's FCA reference number is 222848 (status: FSR-API-02-01-11).