Initial Disclosure Document.

 

The Financial Conduct Authority (FCA) is the financial services industry’s independent regulator. The FCA requires us to provide you with an ‘Initial Disclosure Document’. This provides information relating to our products, services, fees and regulator. It also tells you how to log any complaint, along with details of the Financial Services Compensation Scheme.

 

What services do we provide?

We will provide either comparable details of contract hire and leasing prices based on your financing requirements, or general information relating to contract hire or leasing products.

 

In assessing individual requirements, we may seek personal information. Please ensure that all information provided is as accurate and relevant as possible. We will not provide advice or recommendations, but we may ask questions to narrow down the selection of contract hire or leasing packages offered. This will help you make a more informed choice.

 

We are not vehicle manufacturers or suppliers and are unable to advise on the suitability of any vehicle for your specific usage.

 

Although, we can offer a comprehensive range of vehicles, we do not have access to any specific manufacturer training so it is your responsibility to ensure the vehicle is fit for your requirements. Please refer to manufacturer websites and handbooks for specific product information.

 

Whose products do we use?

As a Financial Conduct Authority-regulated credit broker we can introduce you to a limited number of carefully selected finance providers. These may be able to help with vehicle financing and other products/services.

 

Do we charge for our services?

We charge a variable fee of between £150 - £300 + VAT for our broker-related services. This will be clearly displayed on all adverts, quotes and order documents.

 

We are a commission and fee-based organisation, which means that we may receive a payment(s) or other benefits from finance providers if you enter into an agreement with them. These fees may be variable, or pre-set, dependent on the product and the volume that we place with the chosen supplier.

 

Who regulates us?

Simply Vehicle Leasing, a trading style of New Car Deals Ltd, is authorised and regulated by the Financial Conduct Authority. Our firm’s reference number is 670807.

 

For verification, please review the Financial Conduct Authority’s Register by visiting their website: http://www.fca.org.uk/register/ or call 0300 500 8082.

 

Please note that Simply Vehicle Leasing, a trading style of New Car Deals Ltd, is a credit broker and not a lender.

 

Simply Vehicle Leasing are a Leasing Broker Member of The British Vehicle Rental and Leasing Association (BVRLA), Member No.2071. As a member, we abide by their mandatory code of conduct.

 

Other services we offer are not regulated by the Financial Conduct Authority, however the Financial Ombudsman Services has now

been extended to handle some complaints under the Consumer Credit Act.

 

If you have a complaint

Please visit the complaints procedure page on our website.

 

Simplyvehicleleasing.co.uk