Regulated UK law firm·We handle the whole claim, end to end.

My PCP Claim

Lender

Close Brothers motor finance claims

Close Brothers Motor Finance is part of Close Brothers Group plc. If you financed a vehicle through Close Brothers between 2007 and 2024, your agreement may fall within the FCA's redress scheme.

What to know about Close Brothers claims

Close Brothers Motor Finance is a specialist lender, not a high street bank. It operated primarily through dealer networks and introduced finance to customers at the point of sale. Close Brothers was named in the original Court of Appeal judgment in October 2024 and is one of the lenders in scope for the FCA motor finance redress scheme.

Close Brothers has set aside £300 million for motor finance redress. Close Brothers estimated in April 2026 that the scheme as published would result in a pro-forma provision of approximately £320 million on a post-PS26/3 basis, compared to its existing IAS 37 provision of £294 million as at January 2026. The provision remains under review.

Named in both the Court of Appeal ruling (October 2024) and the Supreme Court judgment [2025] UKSC 33 (Hopcraft v Close Brothers). One of two lenders at the centre of the landmark ruling. Has suspended new motor finance lending while the review proceeds. Accepted the FCA's scheme in 2026 and confirmed it will not challenge.

Current scheme status

Accepted scheme; not challenging. Has suspended new motor finance lending.

Close Brothers agreements by vehicle make

Read more about how the scheme applies to specific car makes financed through Close Brothers.

Not sure which make to pick?

You don't need to. Start your eligibility check and we'll trace any Close Brothers agreements linked to you, including ones you may have forgotten.

Check my eligibility