Initial Disclosure Document

The Financial Conduct Authority (FCA) is the independent regulator of financial services. The FCA require us to provide you with an Initial Disclosure Document to help you decide if our services are right for you. This document provides information about Central (UK) Vehicle Leasing Limited, 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.

About Central (UK) Vehicle Leasing Limited

Central (UK) Vehicle Leasing Limited is authorised and regulated by the Financial Conduct Authority (FCA). We are permitted by the FCA to carry out credit broking, debt administration, debt counselling and advising in regard to the arrangement of non-investment insurance products.

Our registered address is 1 Badhan Court, Castle Street, Hadley, Telford, Shropshire TF1 5QX.

You can verify our status on the Financial Services Register by visiting the FCA’s website at Our Financial Conduct Authority Firm Reference Number is 683917.

You may also find more about what we do and who we are on our dedicated About Us section on our website.

Central (UK) Vehicle Leasing Limited is a credit broker and not a lender.

The credit broking services we provide

In assessing your needs and requirements we will need to obtain some information about your personal circumstances and demands. Depending on your response we will make recommendations that are suitable for your individual needs and establish a line of credit. It is always important that you provide us with accurate and relevant information so that we can try and find a product or agreement that is most suitable to you.

The finance products we use

As a Financial Conduct Authority regulated credit broker, we may introduce you to a range of finance providers who may be able to help you finance your vehicle and provide other products/services, such as vehicle maintenance and servicing packages.

We will only offer products from a carefully selected panel of finance providers. We will not refer you outside of this panel without your consent. You can ask us for a list of the suppliers who provide our finance and insurance products. All the products we offer are optional.

We may be paid a commission or other benefits for introducing you to a finance provider/supplier. This amount that is capped at a percentage of the tax list price of the vehicle is generated via a upsell of the rental amount. We may also receive an extra amount annually or quarterly based on how much business we generate for an individual funder and the quality of our services provided. If you require further information on the amount of commissions received please contact our Business Manager Scott Thomas

The charge for our credit broking services

As an FCA licensed organisation we rely purely on commission and extra fees, such as our administration fee.

We charge the following fees:

Administration Fee – We charge a administrative fee of £150 + vat for our services. We charge this fee for our services and it represents the costs incurred for arranging the sale, ordering the vehicle, arranging the finance and organising delivery of the vehicle. This is payable by debit or credit card or BACS payment and is taken once the finance approval has been received along with all the relevant paperwork signed by yourself instructing us to place an order on your behalf.

Contract Extension – some finance companies allow you to extend your contract after the contract end date on an informal extension. Central (UK) Vehicle Leasing Limited will charge a contract extension arrangement fee of £95 + vat payable by debit or credit card or BACS payment. Please note that not all finance companies offer a contract extension.