Information
Notice
It is a requirement of the
Financial Conduct Authority (FCA) to provide you with an information notice to
allow you to become familiar with our fees, status and cancellation charges.
LeaseCar, LeaseVan and LeasePickup
are all part of the Central Contracts (SOT) Ltd family. Central Contracts (SOT) Limited is an
independent credit broker and is authorised by the Financial Conduct
Authority. Our Firm Reference Number is 677877. If you wish to check this you can do so by
contacting the FCA on 0800 111 6768 or www.fca.org.uk
Central Contracts (SOT) Ltd is a
credit broker and not a lender.
Our registered address is: Central Contracts Ltd, Central
House, Trentham Business Quarter, Bellringer Road, Stoke on Trent, ST4 8GB.
We are acting as a credit
broker for the purpose of arranging your selected finance contract. Central Contracts (S.O.T.) Limited offer products
or services via a carefully selected panel of funders and UK vehicle Retailers.
Should you decide to enter into an agreement with one of these funders as a
result of our introduction, we are likely to receive financial remuneration or other benefits. This could be reflected in the monthly
lease rate that you pay for your vehicle. The amount of commission received may
vary depending on the funder selected, the terms of the funding and other
criteria, such as achieving high levels of customer service. Some funders may
also pay us an additional commission based on business volumes.
In line with FCA legislation a customer (private
individual, sole trader or small partnership) who uses our services which
results in entering into an agreement that is regulated by the consumer credit
act has the right to know the amount of commission we receive.
Regulated customers can request the disclosure of
commission that we receive up to the time their agreement is set live. This
request can be to our compliance team in any format, phone, email or in
writing:
Email – sales@centralcontracts.com
Call – 01782644388
In writing – Central Contracts (S.O.T.) Limited.
Central House, Trentham Business Quarter, Bellringer Road, Stoke-on-Trent,
Staffordshire, ST4 8GB.
We do not charge you a fee for our credit broking
services however we do charge a vehicle sourcing fee of £294 which is payable
at the point of order, only once you have been accepted. This can be paid
by card or BACS.
Cancellation and Refunds
Cancellation Policy for Regulated Agreements
For regulated credit
broking agreements that have been concluded without any face-to-face dealings
(i.e. over the phone, internet etc.) you have the statutory right to cancel the
contract without penalty and without giving any reason within 14 calendar days
in accordance with the Consumer Contracts (Information, Cancellation and
Additional Charges) Regulations.
This legal right applies
equally to all personal customers, sole traders and partnerships with up to
four partners. These rights do not apply to Limited Companies, Limited
Liability Partnerships (LLP) and Partnerships with more than four partners as
these agreements are unregulated.
The 14 calendar day
cancellation period for Central Contracts’ Brokerage Service begins from the
day you “accept” our order, Terms & Conditions and IDD document. For orders
placed online, this period starts from the day you submit your online order.
Your deadline for cancelling the order is the end of 14 days after the day you
accepted our order. For example: if you accept our order on 1 September you may
cancel at any time between 1 September and the end of the day on 14 September.
For
unregulated Contract Hire agreements (Limited Companies, Limited Liability
Partnerships (LLP) and Partnerships with more than four partners, if, following
the signing of the vehicle order the customer:
or
then
without prejudice to any other rights it may possess the Company may cancel the
vehicle order and appropriate any monies paid for the vehicle and charge the
customer any loss (including loss of profit) cost (including the cost of any
labour and materials) damages charged and expenses incurred by the Company
amounting to 7.5% of the P11 D value of the vehicle concerned which is agreed
by the Company and the customer to be a genuine pre-estimate of such losses.
Credit will be given for any monies paid to the Company for the vehicle by the
customer.
If
you wish to exercise your right to cancel, you must notify Central Contracts of
your decision to cancel the contract by a clear statement in writing by post or
via email to:
Central Contracts (S.o.T.)
Limited,
Central House,
Trentham Business Quarter,
Bellringer Road,
Stoke on Trent,
Staffordshire,
ST4 8GB.
Email:
adminteam@centralcontracts.com
You
must include details of your full name, address and details of the order you
wish to cancel. Please note, by exercising your right to cancel, you are
withdrawing from the brokerage contract and the contract is terminated.
For
consumers entitled to a refund of the vehicle sourcing fee, either in part or
in full, refunds will be issued within 28 working days from the day on which
Central Contracts receives the notification of cancellation.
If
you have any further questions about our cancellation policy, please call us on
0344 745 1818.
By continuing to accept
the quotation and complete an order form you are confirming that you understand
and agree to the terms of this information notice.
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