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Motor Republic Initial Disclosure Document

The Financial Conduct Authority is the independent regulator of financial services. The Financial Conduct Authority require us to provide you with a document called an 'Initial Disclosure Document'. This document provides information about us, the products we offer, the services we will provide, what we charge for our services, who regulates us, what to do if you have a complaint and details about the Financial Services Compensation Scheme.

What services do we provide?

We will provide you with either comparable details of firms most appropriate to your lending or purchase requirements or general information relating to finance products. In assessing your requirements we may seek such information about your personal circumstances and objectives as might be relevant in order to enable us to identify your needs. It is important that you provide us with accurate and relevant information. You will not receive advice, or a recommendation from us, but we may ask questions to narrow down the selection of firms offered, from which you can more easily make your own choice if you so wish.

Whose products do we use?

As an Financial Conduct Authority regulated credit broker we can introduce you to a range of lenders who may be able to help you finance your vehicle and provide other products/services.

Do we charge for our services?

We charge a fee for our Business contract hire and personal contract hire of £150.00 excluding VAT and £180.00 including VAT respectively. We are a commission and fee based organisation which means that we may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with us. These fees may be variable or pre-set dependent on the product and the volume that we place with the chosen supplier.

Who regulates us?

Motor Republic is authorised and regulated by the Financial Conduct Authority. Our firms reference number is 680691. 

You can verify this on the Financial Conduct Authority's Register by visiting the Financial Conduct Authority's website: https://register.fca.org.uk/ or by contacting them on 0300 500 8082.

Please note that Motor Republic is a credit broker and not a lender.

Other services we offer may not be 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.

* All offers are subject to change at any time, you must be 18 or over and finance is subject to status, vehicle availability and terms and conditions apply. We can introduce you to a limited number of finance companies, a commission may be received. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could affect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication. All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer. VAT at 20% may be payable. You should try and estimate the distance you will travel as accurately as possible to try and avoid excess mileage charges at the end of your contract. Only regulated business will fall under the jurisdiction of the Financial Conduct Authority.

Motor Republic is a trading style of National Fleet Services Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 680691

National Fleet Services is authorised and regulated by the Financial Conduct Authority | National Fleet Services Limited is a credit broker and not a lender.

BVRLA Registration Number: 1463 | Financial Services Register Number: 680691 | Company Registration Number: 3247145 | ICO Registration Number: Z5088418 | VAT Registration Number: 695548379 | Registered Office: 5 The Croft, Buntsford Drive, Bromsgrove, B60 4JE.

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

Copyright © 2020 Motor Republic, All rights reserved.

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