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Initial Disclosure Document

The Financial Conduct Authority (FCA) is the independent regulator of financial services. The FCA requires Drivespeed Leasing, (also collectively referred to as ‘us’ and ‘we’ hereonto provide you with a document called an 'Initial Disclosure Document'.

This document contains important information about us, the products we offer, the services we will provide, who regulates us, who and what to do if you have a complaint.

 

Who are we?

We are Drivespeed Leasing Limited and our registered office is, 1st Floor, Unit 5, Arabesque House, Monks Cross Drive, Monks Cross, York, YO32 9GZ

 

We are authorised and regulated by the Financial Conduct Authority as a credit broker, Registration Number: 791845 therefore we can introduce you to lenders who may be able to help you finance your vehicle.

 

Whose products and services do we provide?

Drivespeed Leasing Limited will proved customers with quotes, with or without maintenance depending on your requirements.  We will not give you advice but we will make recommendations after we have assessed your needs.  You will need to make your own choice about how to proceed.

 

We use our own funding to help you finance your vehicle and provide pother products and services.  We recommend you review the market place as other companies offer the same service.

 

You can check the authorisation status of Drivespeed Leasing Limited on the Financial Conduct Authority’s register by visiting their website www.fca.org.uk/register or by contacting them on 0800 111 6768 (freephone) or 0300 500 8082.

 

Do we charge for our service?

We charge an administration fee of £199 (inc VAT) for our services.  This fee is the administration fee for our service and represents the costs uncured for arranging the sale, ordering the vehicle, arranging the finance and organising delivery of the vehicle.  The processing fee will be payable by debit or credit card.

 

If you have a complaint

 

Drivespeed Leasing Limited

 

It is the aim of Drivespeed Leasing Limited to provide a very high standard of service to every client. It is important to us that all complaints are resolved as quickly as possible and to the complete satisfaction of our clients. You can register a complaint via:

 

E-Mail:          complaints@drivespeedleasing.co.uk

Telephone:     01904 682 892

Write to:        Complaints Officer, Drivespeed Leasing Limited, 1st Floor, Unit 5, Arabesque House, Monks Cross Drive, Monks Cross, York, YO32 9GZ

 

 

A copy of our complaints procedure is available upon request or on our website,  If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service, either by telephone on 0300 123 9123 or 0800 023 4567, through their website at www.financial-ombudsman.org.uk or at the address Exchange Tower, London, E14 9SR.

 

Cancellation

Cancellation charges may apply, this will be dependent on the stage of individual orders.

 

Data Protection

Information on how Drivespeed Leasing will collect, process and otherwise use your personal data is provided at the end this Initial Disclosure Document.

 

Why you have to provide identity and address verification details

Please be aware that Drivespeed Leasing Limited is required to verify your identity in accordance with the Proceeds of Crime Act

2002 and the Money Laundering Regulations 2017. If they are unable to do this, they cannot continue to transact business with you.

 

This document will need to be amended from time to time. A new Initial Disclosure Document will be given to you when it is required, that is when you commence new business with us or alter your existing agreem

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