Initial Disclosure Document

Initial Disclosure Document

The Financial Conduct Authority is the independent regulator of financial services. The Financial Conduct Authority require us to provide you with a document called an 'Initial Disclosure Document'. This document provides information about us, the products we offer, the services we will provide, what we charge for our services, who regulates us, what to do if you have a complaint and details about the Financial Services Compensation Scheme.

What services do we provide?

We will provide you with either comparable details of firms most appropriate to your lending or purchase requirements or general information relating to finance products. In assessing your requirements we may seek such information about your personal circumstances and objectives as might be relevant in order to enable us to identify your needs. It is important that you provide us with accurate and relevant information. You will not receive advice, or a recommendation from us, but we may ask questions to narrow down the selection of firms offered, from which you can more easily make your own choice if you so wish.

Whose products do we use?

As an Financial Conduct Authority regulated credit broker we can introduce you to a range of lenders who may be able to help you finance your vehicle and provide other products/services.

The charge for our services

We charge no additional fees for our services, but we may receive commission from the Leasing Company, dealer or manufacturer funder for providing you with your chosen vehicle or product. Dependent on the product, term or requested purchase method, we are paid a commission by the finance provider/lender, once the agreement is live. The commission we receive maybe pre-set but can vary and may impact the amount payable by the customer. B&B Vehicle Contracts Ltd are a broker and not a lender and work with multiple suppliers and/or funders. If you would like more Information in regard to the disclosure of commission, please email info@bandbltd.co.uk Additional fees may be charged by the lender and these will be specified in advance on the quotation in all cases where this is so.

Who regulates us?

LetsLease Car Leasing is a trading style of B&B Vehicle Contracts Limited who are authorised and regulated by the Financial Conduct Authority. Our firms reference number is 656300. 

You can verify this on the Financial Conduct Authority's Register by visiting the Financial Conduct Authority's website: https://register.fca.org.uk/ or by contacting them on 0300 500 8082.

Please note that B&B Vehicle Contracts Limited is a credit broker and not a lender.

Other services we offer may not be regulated by the Financial Conduct Authority, however the Financial Ombudsman Services has now been extended to handle some complaints under the Consumer Credit Act.