The Financial Conduct Authority expects any intermediary to disclose to the customer that a commission may be payable by the owner or creditor to the intermediary, and, if the customer asks, the amount of that commission. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.
We can introduce you to a limited number of finance providers. We do not act as a financial adviser, or fiduciary. We act in our own interest, whichever lender we introduce you to, we will typically receive commission from them based on either a fixed fee or a variable amount which will impact the amount you pay. Any and all commission amounts will be fully disclosed to you as part of your sales journey. You will be required to give your fully informed consent to our receipt of this commission. By doing this, you acknowledge that you understand our role as a credit broker, and that we may receive a financial incentive if you take out finance from a lender that we introduce you to and that this will affect the amount you pay.
Motorlease UK Ltd offer products and services from a range of Leasing Companies, UK Vehicle Dealerships and Product Providers with whom we have commercial agreements in place. We are a Commission Based Organisation which means that we receive payments for business introductions. We will receive financial remuneration which may be variable or pre-set dependent on the product and the volume that we place with that organisation. The amounts that we receive may vary.
You will not receive advice or a recommendation from us. We have provided you with product information enabling you to make your choice about how to proceed.
Motorlease UK Ltd, which is an appointed representative of ITC Compliance Limited, authorised and regulated by the Financial Conduct Authority (their registration number is 313486)
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