Further Info
.Finance Information
James E Clare T/A Midland Garage is authorised and regulated by the Financial Conduct Authority, FRN: 655139. All finance is subject to status and income. Written quotation on request. We act as a credit broker not a lender. We work with a selected group of credit providers who may be able to offer you finance for your purchase.
We are trading as a credit broker and not a lender, and are authorised and regulated by the Financial Conduct Authority. We can introduce you to a limited number of lenders, while providing details of finance products available. We will not charge you a fee for an introduction, but we typically will receive a commission from the lender. Lender’s commissions may vary. The commission received does not influence the interest rate you will pay. For questions about commission, please speak to us.
The Financial Conduct Authority (FCA) is the independent regulator of financial services. Use this information to decide if our services are right for you.
James E Clare T/A Midland Garage is authorised and regulated by the Financial Conduct Authority (FCA), firm reference number 655139.
Permitted activities include acting as a credit broker not a lender.
Finance
Acting as a credit broker we can introduce you to a selected group of lenders, who may be able to help you finance your vehicle purchase. This group of lenders provides us with a range of products which may be suitable for your purchase. We will explain the key features of those products to you.
Our panel of lenders:
* Mann Island Finance
* Northridge Finance
* Blue Motor Finance
We will look to introduce you first to the lender who are able to offer the best available package for you, taking into account interest rates, residual valuations (where applicable) and other contributions. If they are unable to make you an offer of finance, we then seek to introduce you to other lenders on our panel. The lender we introduce you to and available rates will depend upon a number of factors including: the vehicle, your personal circumstances and the likelihood of a lender to accept an application based on information provided, including your credit status.
In assessing your demands and needs we may seek such information about your personal circumstances and objectives as might be relevant in order to enable us to identify your requirements. It is important that you provide us with accurate and relevant information.
We will not charge you a fee for an introduction, but typically will receive a commission from the lender. Lender’s commissions may vary. The commission received does not influence the interest rate you will pay. For questions about commission, please speak to us. You can ask us for the details of the amount of any payment we may receive from the lender.
T & C apply. Applicants must be 18 years or over and residents of the United Kingdom. Written quotations are available on request. All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over, Guarantees may be required
We will ensure all of the following apply when purchasing a car on finance with us:
To have any significant and unusual exclusions or exceptions to the credit agreement brought to your attention.
A clear statement of price, including where applicable a breakdown of any interest charges.
Details of your cancellation rights and our complaints procedure.
Copies of your credit agreement documentation or information as to when these documents will be dispatched.
Not to encounter any barriers to cancelling your credit agreement within regulatory agreed time frame.
To have any complaint dealt with in a timely and professional manner.
It is our intention to provide a high level of service at all times. However if you have reason to make a complaint about our service you should follow our complains procedure which can be found on our website- https://www.midland-garagecars.co.uk/complaints. If we are unable to resolve your complaint satisfactorily, you may be entitled to refer the matter to the Financial Ombudsman Service (FOS). Further information is available by calling the FOS on 0845 080 1800 or at http://www.financial-ombudsman.org.uk
For information on how your data is help and used by us see our data policy on our website - https://www.midland-garagecars.co.uk/data-policy, or ask a member of staff for further information.
