Reclaiming Lost Investment: Blackmore Bonds Payouts Begin

UPDATE – Good news for Blackmore Series 1 bondholders.

People who bought Blackmore Bond Series 1 bonds backed by a capital guarantee scheme arranged by Lonsdale Insurance Brokers may now be entitled to compensation from the Financial Services Compensation Scheme (FSCS). 

The capital guarantee scheme was supposed to insure and guarantee investors’ capital up to £75,000 if the underlying property development investments failed, and was arranged by London-based Lloyd’s broker Lonsdale – but they placed the insurance with Costa Rica-based ION Insurance, who failed to honour any guarantees when Blackmore collapsed and was later deemed unfit for purpose.

Following an investigation into the capital guarantee scheme which began in March 2025, the FSCS has declared Lonsdale in default – opening the door to potential compensation for customers who bought Series 1 bonds backed by the scheme. Lonsdale went into voluntary liquidation in July 2024.

In a recent update, the FSCS stated: "It is possible that there are customers who purchased Series 1 bonds who are eligible for compensation. Each claim will be considered on an individual basis and under our rules, as set for us by the FCA." It also anticipated that it will begin the claims process soon.

The FSCS investigation found little evidence connecting Lonsdale to other tranches of the bonds, and has already concluded that they are “unlikely to be able to uphold claims for Lonsdale from investors who invested in series 2 to 6 of the bonds".

If you purchased Blackmore’s Series 1 bonds that were backed by Lonsdale’s capital guarantee scheme, get in touch with us right away – we’ll be able to advise you on making your claim for compensation from the FSCS.

 

In the world of investments, unforeseen circumstances can lead to devastating outcomes for investors but it's no longer all doom and gloom.

Blackmore Bonds PLC, a once promising company, experienced a sharp decline, leaving investors in a precarious position. Goji, operating as an ISA manager, played a significant role in the distribution of funds invested in Blackmore Bonds. However, when Blackmore Bonds faced administration, the responsibility fell on Goji, who operates under Sapia Partners.

In this article, we are pleased to share how have been able to turn nightmares in to hope with our recent successes in claiming compensation for mis-sold Blackmore Bond investments and shed light on the payouts received by two clients through CP Financial Claims.

 

Starting At The Beginning:

Blackmore Bonds PLC took a devastating turn in April 2020 when the company faced administration. The affairs of the company were entrusted to Duff & Phelps, a reputable firm specialising in corporate finance and restructuring. Initial estimates suggested that investors might only recover £5 million out of the £46 million invested, highlighting the severity of the situation.

 

Recent Payouts by CP Financial Claims:

It's a brilliant time to get in touch with us at CP Financial Claims as we have cracked the code for claiming compensation!

Just last week, CP Financial Claims achieved significant success in obtaining payouts for clients who filed claims regarding their Blackmore Bond investments. These success stories serve as a glimmer of hope for investors who were adversely affected by the downfall of Blackmore Bonds. Below are two examples of these.

1. Client A's Journey to Compensation:

One client, who initiated their claim in June 2021, recently received a substantial payout of £19,349 for Blackmore Bond Series 5. Despite a two-year process, their perseverance paid off. This success demonstrates the effectiveness of CP Financials Claims in fighting for the rights of those affected by mis-sold investments.

2. Client B's Triumph:

Another client, who opened their case in 2020, was awarded an impressive sum of £26,042.19 for Blackmore Bond Series 1. Their journey towards compensation spanned three years, highlighting the complexities involved in such cases. Nevertheless, the commitment of both the client and CP Financial Claims ultimately led to a favourable outcome.

 

The Role of CP Financials Claims:

CP Financial Claims has proven itself as a reliable and successful ally for investors seeking compensation for mis-sold investment claims. With their expertise and dedication, they navigate the intricate legal landscape to ensure clients receive the justice and financial restitution they deserve.

 

Where Do You Go From Here?

The recent successes achieved by CP Financial Claims in securing payouts for clients who suffered losses due to the mis-selling of Blackmore Bonds highlight the importance of pursuing rightful compensation.

These cases demonstrate that with the right legal support and a tenacious approach, investors can regain a significant portion of their investments. If you find yourself in a similar situation, seeking professional assistance from CP Financial Claims might be the key to reclaiming your financial losses. Don't let the unfortunate outcome of Blackmore Bonds deter you; take action today and explore the possibilities of securing the compensation you rightfully deserve.

To book a free no-obligation chat, please complete the contact form on this page.