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Brooks Macdonald Financial Consulting Ltd
Financial Ombudsman decision DRN3262851 Not upheld
Not upheldoutcome, as published by the Ombudsman
£2,517redress stated in the decision
—deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
In the Ombudsman’s words
the advice they received from Brooks Macdonald Financial Consulting Ltd, to take out a new mortgage product on an interest only basis and incur an early repayment charge (ERC) of over £4,500 was unsuitable.Product mis-sold
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3262851.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.