For 17 years, lenders paid dealers undisclosed commission to sell car finance at a higher rate. You paid more than you should have. The FCA agrees.
Between 2007 and 2024, around 14 million car finance agreements were sold in the UK under Discretionary Commission Arrangements. In August 2025, the Supreme Court confirmed that the failure to disclose this commission could make the lending relationship unfair under the Consumer Credit Act 1974. In response, the FCA has confirmed a mandatory, industry-wide redress scheme designed to put compensation back into the hands of consumers who lost out. The regulator estimates the average payment will be around £830 per agreement, with roughly 12.1 million agreements expected to be eligible.
Three steps to claim compensation
Find your agreements
Our Agreement Finder identifies the car finance agreements you've had since 2007. Two minutes to start, free to use: no paperwork to dig out.
Our experts get to work
Once we have a few simple details, our SRA-regulated solicitors prepare and submit your claim — building the case on undisclosed commission or unfair terms.
Payout
If your claim succeeds, your compensation is transferred promptly to the bank account of your choice. Our fee (15–30% + VAT) is deducted from the compensation recovered.
You could go direct to your lender. Most people don't, because…
You don't need a solicitor to claim. But you might still prefer a solicitor if you'd rather not handle it directly. We work no win, no fee, and our fee only ever comes out of money we actually recover for you.
- Actual solicitorsLocksley Law is a trading name of RH Law Ltd, SRA-regulated (No. 659355). We can litigate; CMCs can't.
- No win, no feeYou owe us nothing if your claim doesn't succeed. Fees only apply on recoveries.
- Maximum lender coverageBlack Horse, Santander, BMW Financial, Mercedes-Benz, MotoNovo, Close Brothers and more.
- No paperwork chaseWe pull your finance agreements via an electronic credit report. You don't need to hunt for old paperwork.