Niche Leasing
The Financial Conduct Authority (FCA) is the independent regulator of financial services. The FCA require us to provide you with an Initial Disclosure Document to help you decide if our services are right for you. This document provides information about Niche Automotive, 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.
Niche Automotive is authorised and regulated by the Financial Conduct Authority (FCA).
Niche Automotive is a credit broker and not a lender.
We are permitted by the FCA to carry out:
Our registered address is 4 Embsay Mills Business centre, Embsay, BD23 6QR. Our Financial Conduct Authority Firm Reference Number is 650172 . You can verify our status on the Financial Services Register by visiting the FCA’s website at www.fca.org.uk or by contacting the contact centre on 0800 111 6768.
We offer vehicle leasing and credit hire products from a carefully selected panel of finance providers. All our products are related to the leasing or hire of a vehicle.
Based on your funding requirements we will provide you with either comparable details of firms most appropriate, or general information relating to finance products. In assessing your needs, we may need to seek information about your personal circumstances and requirements as might be relevant to enable us to identify your needs.
We will:
As a FCA regulated credit broker, we may introduce you to a range of finance providers who may be able to help you finance your vehicle and provide other products/services, such as vehicle maintenance and servicing packages.
Please note not all our products are regulated by the Financial Conduct Authority which is the independent watchdog that regulates financial services. We will explain clearly at the outset whether any service you enter with us is regulated by the FCA or not.
We will only offer products from a carefully selected panel of finance providers. We will not refer you outside of this panel. You can ask us for a list of the suppliers who provide our finance products. All the products we offer are optional.
We may receive a fee for introducing you to one of our many lenders who assists with your agreement or from another credit broker to whom we refer you if we cannot arrange funding for you, we do not charge for our credit broking services.
We will deliver information on our services in plain language, and offer help if there is any aspect you do not understand
Trading Names
Niche Automotive.
The Financial Conduct Authority expects any intermediary to disclose to their customers that a commission may be payable to the intermediary by a supplier or creditor that we may introduce you to; and, to disclose the amount of this potential commission when requested. The Financial Conduct Authority have made it clear that “commission” means any financial consideration.
Niche Automotive rely on the commission paid from our finance providers or lenders when you engage our services. The commissions payable may be pre-set by our lenders and the commission payable in each deal may vary; this can be subject to parameters such as the value of the vehicle or volumes supplied within a given timeframe. The amount of commission in the deal may have an impact on the amount payable by the customer. Niche Automotive are a broker and not a lender and will work with a panel of lenders to ensure the customer is provided the most cost-effective solution on each occasion.
In line with this legislation, you can ask us to disclose any potential commission by emailing info@nicheautomotive.com or by calling 01756 699411 and asking to speak to the Compliance officer about a Commission Disclosure.