Commission Disclosure Policy for Customers
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, if the customer asks, the amount of that commission. The payment of commission to the firm by the funder can affect the amount payable by the customer under the agreement. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.
In-line with new legislation, if you would like Bond Vehicle Leasing Ltd to disclose any potential commission please make your request to our head office address on our contact page or by email to info@bondleasing.co.uk or by telephone: 01908 597433.
What are we required to disclose?
We are required to disclose the existence of commission as
Commission payable to us by a funder as may affect our independence and potentially give rise to a conflict of interest when offering suitable products to borrowers
Commission could act as an undue incentive to recommend a particular product
Knowing about commission would have material impact on the borrower’s decision
The right of disclosure may be found at the bottom of our order forms.
If you would like us to disclose any potential commission we earn
If you would like Bond vehicle Leasing Ltd to disclose any potential commission please make your request to our head office address on our Contact Page by email to info@bondleasing.co.uk or by telephone: 01908597433
About Bond Vehicle Leasing Ltd Services
1. Whose products do we offer?
Bond Vehicle Leasing Ltd 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 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 and the volume that we place with that organisation. The amounts that we receive may vary.
2. Which service will we provide for you?
(Question) We will advise and make recommendations for you after we have assessed your needs - (Answer) NO
(Question) 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 - (Answer) YES
3. Who regulates us?
Bond Vehicle Leasing Ltd is a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 705646
4. What to do if you have a complaint
Please visit our Complaints Procedure page.