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Initial disclosure document

The FCA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.

Whose products do we offer?

We can only offer products from a limited number of lenders for vehicle finance. Ask us for a list of lenders from whom we can offer finance.

Which service will we provide you with?

You will not receive advice or a recommendation from us for vehicle finance. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed. We will provide the advantages and disadvantages of the product types available to you. E.g. Personal Finance would be PCH (Personal Contract Hire) or PCP (Personal Contract Purchase)

We are not an IFA (Independent Financial Adviser). We may receive a remuneration from a lender we introduce you to.

What will you have to pay us for our services?

All customers will be charged a documentation fee of £150 + VAT.

In addition to the fees charged by Motor Republic, the lender may also charge their own fees. These include but are not limited to: documentation fees, option to purchase fees, excess mileage charges or administration fees.

Who regulates us?

Motor Republic is a trading style of National Fleet Services Limited, 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE is authorised and regulated by the Financial Conduct Authority.

Our Financial Services Register Number is 680691.

Our permitted business is credit broking and we act as an intermediary to a panel of lenders.

We are a broker member of the (BVRLA) British Vehicle Rental and Leasing Association, our membership number is 1463.

We are registered with the Information Commissioners Office for the purposes of Data Protection, our registration number is Z5088418.
You can check this on the Financial Services Register by visiting the FCA’s website at or by contacting the FCA on 0800 111 6768.

Other services we offer are not regulated by the Financial Conduct Authority however the Financial Ombudsman Services has now been extended to handle some complaints under the Consumer Credit Act.

If you have a complaint

Please visit our complaints procedure page.

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