About This Document
The Financial Conduct Authority (FCA) is the independent regulator of financial services. The FCA requires us to provide you with this Initial Disclosure Document to outline:
- Information about us.
- The products we offer.
- The services we provide.
- Our charges.
- Who regulates us.
- What to do if you have a complaint.
- Details about the Financial Services Compensation Scheme.
What Services Do We Provide?
We:
- Provide you with comparable details of firms most appropriate to your lending or purchase requirements.
- Offer general information about finance products.
How We Assess Your Requirements:
- We may request information about your personal circumstances and objectives to help identify your needs.
- It is important that you provide accurate and relevant information.
Please note:
- You will not receive advice or a recommendation from us.
- We may ask questions to narrow down your options, enabling you to make your own choice.
Whose Products Do We Use?
As an FCA-regulated credit broker, we can introduce you to a range of lenders who may be able to help finance your vehicle or provide other products/services.
Do We Charge for Our Services?
Yes, we charge a fee for:
- Business Contract Hire: £250 (excluding VAT).
- Personal Contract Hire: £300 (including VAT).
Additional Information:
- We are a commission- and fee-based organisation, meaning we may receive payments or other benefits from finance providers if you decide to enter into an agreement with us.
- The commission we receive may be fixed or variable, which could impact the amount you repay if you enter into an agreement with the finance provider.
Who Regulates Us?
Leap Vehicle Leasing Limited is authorised and regulated by the Financial Conduct Authority (FCA).
- FCA Firm Reference Number: 923395.
You can verify our authorisation on the FCA Register by:
Please note: Leap Vehicle Leasing Limited is a credit broker, not a lender.
Other Services:
Some of the services we offer may not be regulated by the FCA. However, the Financial Ombudsman Service can now handle some complaints under the Consumer Credit Act.
If You Have a Complaint
Please visit our Complaints Procedure page for details on how to raise a complaint.