Introduction

The Financial Conduct Authority states that if a credit broker (definition of which extends vehicle dealers and motor finance) receives a commission based on the products or services they sell, then the FCA sets an expectation on any intermediary to disclose the existence of commissions, fees or other remuneration payable, in good time before a credit agreement or consumer hire agreement is executed. We will confirm the existence of commissions payable within our business. We receive commission, fees and financial remuneration for the Services and Products we provide and sell. We will disclose the existence of commission, and upon request, the amount of any commissions payable, which promotes transparency with our customers.

What do we disclose and how can you request it?

We are required to disclose, in good time before a credit agreement is made, the existence of commissions payable within our business. We will also disclose to you the commission model that our business relies on so you may confirm it is not discretionary. When you request it, we will disclose the amount of commissions payable, too. You can submit a request for a Commission Disclosure at any time, and we will aim to respond to your request within 14 days.
You can contact us by:
Email: [email protected]
Phone: (028)30839975
In Writing: 48 Maytown Road, Bessbrook, Newry BT357NE