If you have ever paid for parking at an airport, you may have thought there must be money in car parking given the fees you have to pay. This was the basis of an investment offered by Park First, and it’s also the reason it’s not surprising the investment appeared attractive to many people.
Park First investments are unregulated, however, and some have even been the subject of an intervention by the FCA. This means you might have been mis-sold your Park First pension, so you may be able to claim your money back.
Our Advisors Can Help You Make a Claim on Your Park First Pension
To get help claiming back your money, please complete the form on this page and we will get one of our advisors with knowledge of Park First to call you back.
What Is Park First and Why You Might Be Able to Make a Claim?
Park First is an airport car parking scheme that offered investors the opportunity to buy six-year leases on car parking spaces close to Gatwick and Glasgow airports.
This was accompanied by the promise of high returns in the region of 12 percent by the fifth year.
This investment is deemed as high-risk, however, as it is not regulated by the FCA.
The FCA also developed concerns and, as a result, Park First has now stopped offering the investment in its original form. If you bought one of these investments before the FCA stepped in, you may be able to claim your money back.
There's more to the story, however. The FCA's intervention led Park First to stop selling the original investment, but it then went on to sell another type of airport car parking investment. The FCA stressed that its decision to stop the intervention was in no way an endorsement of the new scheme.
In other words, if you have any concerns about any Park First investment made at any time, you should get professional advice. Please contact us today.