Financial Conduct Authority

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 the amount of that commission. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.

About Lease4Less's Services

1. Whose products do we offer?

Lease4Less are a Credit Broker and not a Lender.

Lease4Less 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 charge a fee for our Business Contract Hire and Personal Contract Hire of £250.00 excluding VAT and £300.00 including VAT respectively that is independent of commissions we may earn from any business introductions we make. 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, type of agreement and the volume that we place with that organisation. This may be reflected in the monthly payments made by you. The amounts that we receive may vary. The commission value may be unknown until the application has been agreed in principle but will be disclosed to you prior to you entering into a finance agreement. This may be from the lender directly. They may also be occassion's where the supplying dealership pay us a commission that is seperate to the commission we receive from the Finance Company. Please ask if you would like any clarification on this.

2. Which service will we provide for you?

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. Lease4less does not provide independent financial advice, we are not all of market and we do not offer alternative products beyond Personal Contract Hire, Business Contract Hire or Finance Lease. As we are a credit broker and have a commercial relationship with the lender, the introductions we make are not impartial, but we will make introductions in line with your needs, subject to your circumstances.

If you wish to obtain impartial advice on the full range of potential finance options that may be available to you, you will need to make your own arrangements but are free to do so as part of the application to lease this vehicle.

3. Who regulates us?

Promas Enterprises Limited T/A Lease4Less is authorised and regulated by the Financial Conduct Authority. Registered No 659329

4. What to do if you have a complaint

Please visit our complaints procedure page.