The Financial Conduct Authority published a customer update after Logbook Lending Limited entered administration on 1 July 2026. The firm, which traded as AFPremier.co.uk, pawnmy.co.uk, LBL Asset Finance and Log Book Loans 247, provided vehicle-secured lending through logbook loans or bill of sale agreements as well as pawnbroking. It is no longer making new loans, but existing loan agreements remain in force and customers should continue making payments as usual. Paul Appleton, Adam Shama and Robert Ferne of BTG Begbies Traynor (London) LLP were appointed as joint administrators. The FCA said it is in regular contact with the firm and the joint administrators to help ensure customers are treated fairly. Customers who believe they have a claim against the firm or have questions about their loan were directed to contact the firm or the joint administrators, and the FCA also warned customers to stay alert to potential scams and unexpected calls claiming to come from the firm, the administrators or the regulator.
Financial Conduct Authority2026-07-10
Financial Conduct Authority updates customers after Logbook Lending Limited enters administration and stops new lending
The Financial Conduct Authority said Logbook Lending Limited entered administration on 1 July 2026 and has stopped new lending. Existing loan agreements remain in place and customers should continue making payments, while the FCA stays in contact with the firm and its joint administrators over customer treatment. Customers were also warned to watch for scams.