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Commission Disclosure for Regulated Clients

1. The Financial Conduct Authority (FCA)

The FCA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.

2. Whose products do we offer?

We can only offer products from a limited number of lenders for vehicle finance. Ask us for a list of lenders from whom we can offer finance.

3. Which service will we provide you with?

You will not receive advice or a recommendation from us for vehicle finance or leasing. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed. We have attached the advantages and disadvantages of the product types available to you. Eg. Personal Finance would be PCH (Personal Contract Hire) or PCP (Personal Contract Purchase)

We are not an IFA (Independent Financial Adviser). We may receive a remuneration from a lender we introduce you to.

4. What will you have to pay us for our services?

For non-regulated customers (limited companies and partnerships with 4 or more partners), the following fees will be payable to National Fleet Services Ltd:

£150.00 + Vat for Contract Hire & Lease purchase products. £125.00 + Vat will be payable for Finance Lease. Any Purchase style agreements will have option to purchase fees as stated on the quotes.

In addition to the fees charged by National Fleet Services, the lender may also charge their own fees. These include but are not limited to: documentation fees, option to purchase fees, excess mileage charges or administration fees.

For regulated customers (private individual, sole traders and partnerships with 3 or less partners) the folowing fees will be payable to National Fleet Services Ltd:

£180.00 Inc Vat for personal contract hire and personal contract purchase. Any purchase style agreements will have 'option to purchase' fees as stated on the quotes.

In addition to the fees charged by National Fleet Services Ltd, the lender may also charge their own fees. These include but are not limited to: documentation fees, option to purchase fees, excess mileage charges or administration fees.

5. Who regulates us?

National Fleet Services Limited, 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE is authorised and regulated by the Financial Conduct Authority. Our interim permission number is 427068. Our permitted business is credit broking and we act as an intermediary to a panel of lenders.

We are a broker member of the (BVRLA) British Vehicle Rental and Leasing Association, our membership number is 1463.

We are registered with the Information Commissioners Office for the purposes of Data Protection, our registration number is Z5088418.

You can check this on the Financial Services Register by visiting the FCA’s website at www.fca.org.uk or by contacting the FCA on 0800 111 6768.

6. What to do if you have a complaint

If you wish to register a complaint, please contact us:

Write to National Fleet Services, 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE

Telephone 0121 45 45 645

enquiries@nationalfleetservices.net

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service or the BVRLA.

A copy of our complaints procedure is available upon request or on our website, www.nationalfleetservices.net


National Fleet Services Limited is authorised and regulated by the Finance Conduct Authority.

National Fleet Services Limited can introduce you to a number of finance providers, we receive a remuneration if you enter into an agreement with them.

National Fleet Services Limited is a credit broker and not a lender.

BVRLA Registration Number: 1463 | Financial Conduct Authority Licence Number: 680691

Company Registration Number: 03247145 | ICO Registration Number: Z5088418 | VAT Registration Number: 695548379

Registered Office: 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE

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