Yes, Locksley Law is a real and legitimate company - and after doing some deep diving as a journalist, we can confirm that this company can help you reclaim an average of £700 (maybe more or less) on a mis-sold car finance claim.
Millions of letters have been sent to motorists across the UK from a Manchester-based firm called Locksley Law.
So if you are one of the millions of Britons who are owed money due to a PCP car finance claims, you can indeed use Locksley Law, another provider or submit a claim yourself (for free).
Verify your Locksley Law Letter is real here >>
Table of Contents
- Why Am I Getting So Many Letters and Messages About Mis-Sold PCP Car Finance?
- How Did Locksley Law Get My Information?
- Is Locksley Law a Real Company?
- Is The Locksley Law Letter a Scam?
- Is The Locksley Law Letter Legit?
- Why Should I Use Locksley Law For a Car Finance Claim?
- Who Are The Companies That I Can Claim Mis-Sold PCP Car Finance From?
- Can I Submit a PCP Car Finance Claim Myself Instead of Using Locksley Law?
- Approach Any Marketing Like This With Caution
- Make Sure That You Don’t Use a Locksley Law Impersonator
Why Am I Getting So Many Letters and Messages About Mis-Sold PCP Car Finance?
Recent reports by the Financial Conduct Authority (FCA) have shown that around 44% of all Britons that purchased a car through PCP between 2007 and 2024 could be eligible for a refund of £700 on average.
This is because dealerships and car finance providers often sold new or used cars through PCP finance and do not disclose Discretionary Commission Arrangements (DCAs) - and ultimately around 14 million PCP agreements were sold hidden commissions.
The FCA has invited motorists to claim back this money, with the average household likely to recover funds for 2.5 vehicles.
For claims management companies and solicitors, they see this as a huge opportunity to help you broker these refunds, often taking anywhere from 10% to 30% for helping you to do so. The truth is that you can make a claim yourself, and the advantage of using a company like Locksley is that they might be able to streamline it for you and make it just a little quicker and likely to be approved.
There is no formal deadline in place at the moment, but there will be eventually, so for many claims companies, it is a race to get as many applications in as possible - and to feat off the competition.
How Did Locksley Law Get My Information?
We suspect Locksley Law have bought data from another company or scraped information through directories or Companies House. In total, they have likely sent out millions of leaflets and letters to date.
Whilst you may have no clue how they got your information, they will likely do another round in a couple of weeks or months time - and you will get similar letters from companies like Justira.
Is Locksley Law a Real Company?
Yes, Locksley Law is a real company, trading under RH Law Limited and is regulated by the Solicitors Regulation Authority (SRA) and you can check their registration here.
Our view is that Locksley Law is an offshoot of the company and this proposition is focused primarily on car finance claims.
If you apply with Locksley Law, you could legitimately get a refund for car finance that you were mis-sold.
Is The Locksley Law Letter a Scam?
No, if you receive a Locksley Law letter or leaflet in the post, it is likely not a scam, provided that it has these details:
Phone: 0330 127 1950
Email: contact@locksleylaw.co.uk
Address: 2A Egerton Crescent, Manchester, M20 4PN
To determine if it is a scam, you should assess for anything unusual that might stand out, such as Gmail or Yahoo email addresses, a 100% guarantee of refunds (this is always subject to approval) and asking for any fee payments upfront.
Is The Locksley Law Letter Legit?
Yes, a Locksley Law letter is legit and you can submit a car finance claim through their website, which is completely no-win, no-fee. So you will only pay them commission if your claim is successful. Always be sure to double check the phone number, email and regulation number against their actual website.
Their fees range from 15% to 30% of the overall amount of compensation you receive:
| Band | Redress awarded for claim (£) | Maximum percentage rate of charge (%) | Maximum total charge (£) |
|---|---|---|---|
| 1 | 1 - 1,499 | 30% | 420 |
| 2 | 1,500 - 9,999 | 28% | 2,500 |
| 3 | 10,000 - 24,999 | 25% | 5,000 |
| 4 | 25,000 - 49,999 | 20% | 7,500 |
| 5 | 50,000+ | 15% | 10,000 |
Why Should I Use Locksley Law For a Car Finance Claim?
The benefit of using Locksley Law over making a PCP car finance claim yourself is that they might package your application in a better way so that it can be approved faster and is more likely to result in a refund of a decent amount.
The car finance providers will eventually use their solicitors to review each case, in line with the regulators and if they are packaged and presented in a certain way, it may just be easier for them to approve and fund.
Another benefit is that if you cannot find your original PCP car finance agreements, a claims management company or Locksley Law could use credit checking to find them for you.
Who Are The Companies That I Can Claim Mis-Sold PCP Car Finance From?
1st Stop Group, Advantage Finance, Aldermore Bank, ALD Automotive, Alfa Romeo Financial Services, Alphabet, Alphera Financial Services, Audi Financial Services, AutoMoney, Barclays Bank SAU, Barclays Partner Finance, Bentley Financial Services, Billing Finance, Black Horse, Blue Motor Finance, BMW Financial Services, CA Auto Finance, Car Finance 247, Chrysler Financial Services, Citroen Financial Services, Close Brothers, Close Brothers Premium Finance, Close Brothers Retail Finance, Clydesdale Financial Services, Conister, Creation Finance, DS Financial Services, FCA Automotive Services, FCE Bank (Ford Credit), FGA Capital, Fiat Financial Services, FirstRand Bank (MotoNovo Finance), Ford Credit, GMAC (Vauxhall Finance), Hitachi Capital, Honda Finance Europe, Hyundai Capital UK, Jaguar Finance, Jeep Financial Services, Kia Finance, Lamborghini Finance, Land Rover Finance, Lexus Financial Services, Maserati Financial Services, Mercedes-Benz Financial Services, MG Financial Services, Mitsubishi HC Capital UK, Moneybarn, Moneyway, MotoNovo Finance, Northridge Finance (NIIB Group), Nissan Finance, Novuna Personal Finance, Oodle Finance, Paragon Car Finance, PCF Credit, Peugeot Financial Services, Porsche Finance, PSA Finance UK, RCI Financial Services, Santander Consumer (UK), SEAT Finance, Secure Trust Bank, Shawbrook Bank, Shogun Finance, Skoda Finance, Specialist Motor Finance, Startline Motor Finance, Stellantis Financial Services, Suzuki Financial Services, Toyota Financial Services, Vauxhall Finance, Volkswagen Financial Services, Volvo Financial Services
Can I Submit a PCP Car Finance Claim Myself Instead of Using Locksley Law?
Yes, you can package your PCP compensation claim yourself and if you follow the instructions from MoneySavingExpert, you can follow the step-by-step guides. If successful, you will likely save 20% or 30% commission that you would have paid to a claims management company or someone like Locksley Law.
Approach Any Marketing Like This With Caution
It is always essential to treat any promotional letters or offers with caution - and if you do legitimately have a PCP car finance claim, you could be owed a few hundred or thousand pounds so it is sensible to do some background and homework when deciding whether you are going to use an external company or submit a claim yourself.
Car finance claims are practically today’s version of PPI - so expect to get a lot more in terms of letters, phone calls, whatsapp messages and emails and always look carefully at things like:
- Email addresses - are they legit?
- Regulation numbers - cross check them
- Guaranteed approval - this is never the case
- Asking for any upfront fee
Make Sure That You Don’t Use a Locksley Law Impersonator
However, something that you should be aware of is that there have been cases of companies impersonating Locksley Law and this has been through random whatsapp messages from someone called Damion pretending to be them.
Realistically, this is probably just another company trying to jump on the bandwagon of the car finance claims scandal and trying to process your claim and make commission. The impersonator may not be particularly dangerous or likely to steal your money (although you never know), but they might be trying to divert your attention so that they can get the commission for themselves. Either way, it is best to steer clear of any whatsapps or impersonators.
