As a credit broker we will receive a commission from one of our finance providers should you decide to enter into an agreement with them because of our introduction. This is reflected in the monthly lease rate that you pay for your vehicle.
Some of the commission we receive is pre-set (a fixed amount agreed in advance and not influenced by any changes you make), and some may be variable (where the amount we receive can vary based on factors such as the type of product, volume, or other commercial agreements).
These payments vary and may also increase the total amount payable, by a customer, on their contract with us, including both initial and monthly rental payments.
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 Financial Conduct Authority has made it clear that "commission" means any financial consideration.
If you would like us to disclose any potential commission we earn:
In-line with new legislation, if you would like LINGsCARS.com to disclose any potential commission please make your request to our head office address or by email to sales@lingscars.com or by telephone: 0191 460 9444
1. Who's Products Do We Offer?
LINGsCARS.com Limited 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?
We will take steps to ensure that, in the course of advising you, we will only make a recommendation, that will be suitable for your demands and needs at the time that the recommendation is made.
In assessing your demands and needs we may seek information about your personal circumstances and objectives which may be relevant, in order to enable us to identify your requirements. It is important that you provide us with accurate and relevant information.
3. Who Regulates Us?
Registered at 15 Riverside Studios, Newcastle Business Park, NE47YL we are authorised and regulated by the Financial Conduct Authority.
4. What to do if you have a complaint
If you wish to make a complaint please contact LINGsCARS.com Limited in writing at our registered office address; 15 Riverside Studios, Newcastle Business Park, NE47YL and we will be happy to respond. Alternatively; you can contact us by e-mail on; sales@lingscars.com or call us on; 0191 460 9444. If you cannot settle things to your satisfaction with us directly you may be entitled to refer your complaint on to the Financial Services Ombudsman Service.