Initial Disclosure Document

Our Finance Products 

1. The Financial Conduct Authority 

The Financial Conduct Authority (FCA) is the independent regulator of financial services. Use this  information to decide if our services are right for you. Peter Vardy Leasing is regulated by the FCA (our registration number is 688190. We are permitted to act as a finance broker.  

2. Whose products do we offer? 

We offer products from a limited number of finance companies. You can find a list of our lenders and their privacy statements below.

3. Which service will we provide you with? 

We will provide you with information appropriate to your lending needs or any other general information relating to finance products. In order to do this we may seek personal information about your circumstances and objectives as might be relevant in order to enable us to identify your exact 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. 

4. What will you have to pay for our services? 

• There is an arrangement fee  

• As a credit broker we can introduce you to a limited number of finance lenders and products to assist you with your purchase. These finance providers may pay us a commission for introducing you to them this will either be a Flat fee or a % amount depending on how much you borrow. 

You will receive a quotation which will tell you about any other fees relating to a finance product.  

At any point prior to a credit agreement being made you may request information relating to the likely amount of finance commission we receive from our finance partners. This may be verbal or in writing.  

5. Who regulates us? 

Peter Vardy Ltd is authorised and regulated by the Financial Conduct Authority. Our FCA number is 688190.  Our permitted business is finance broking. You can check this on the FCAs Register by visiting www.fca.org.uk or by contacting the FCA on 0845 606 1234.  

6. What to do if you have a complaint? 

If you wish to register a complaint, please contact us:  

• In writing: Customer Services, Peter Vardy Limited, Pioneer House, 2 Renshaw Place, Motherwell, ML1 4UF 

• By email: customerservices@petervardy.com  
• By phone: Head Office on 0141 773 5300 

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsmen Service. 

The BVRLA also runs a Trading Standards Institute-approved alternative dispute resolution (ADR) service which is available in those rare circumstances where you have exhausted our complaints procedure and still remain dissatisfied. 

7. The BVRLA

Peter Vardy are a member of the Industry trade body, the BVRLA (British vehicle, Rental and leasing association). All BVRLA leasing brokers must adhere to their mandatory code of conduct, which is there to ensure the customer benefits from the highest standards of service, fair terms and conditions, transparent and accurate information, and a complaints resolution service. In addition all broker members are audited  or inspected to BVRLA standards. If you are not satisfied with the outcome of your complaint. 

Please see the link to the BVRLA alternate Dispute Resolution service where further information is provided. 

BVRLA Complaint Eligibility 

8.. Are we covered by the Financial Services Compensation Scheme [FSCS]? 

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and circumstances of the claim. Further information about compensation scheme arrangements is available for the FSCS.