Commission Disclosure Policy for Customers

Financial Conduct Authority

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 payment of commission to the firm by the funder can affect the amount payable by the customer under the agreement. The Financial Conduct Authority has made it clear that "commission" means any financial consideration. 

In-line with new legislation, if you would like Silverstone Leasing to disclose any potential commission please make your request to our head office address on our contact page or by email to sales@silverstoneleasing.com or by telephone: 01604 978480.

What are we required to disclose?

We are required to disclose the existence of commission as

• Commission payable to us by a funder as may affect our independence and potentially give rise to a conflict of interest when offering suitable products to borrowers
• Commission could act as an undue incentive to recommend a particular product
• Knowing about commission would have material impact on the borrower’s decision

The right of disclosure may be found at the bottom of our order forms.

If you would like us to disclose any potential commission we earn

If you would like Silverstone Leasing to disclose any potential commission please make your request to our head office address on our contact page or by email to sales@silverstoneleasing.com or by telephone: 01604 978480

About Silverstone Leasing's Services

1. Whose products do we offer?

Silverstone Leasing 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?

(Question) We will advise and make recommendations for you after we have assessed your needs - (Answer) NO
(Question) You will not receive advice or a recommendation from us. We have provided you with product information enabling you to make your choice about how to proceed - (Answer) YES

3. Who regulates us?

Silverstone Leasing and Silverstone Fleet Management is a trading name of Silverstone Corporation Limited. Silverstone Corporation is a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 674485

4. What to do if you have a complaint

Please visit our complaints procedure page.