Initial Disclosure Document (IDD)

You should assess the monthly payments you are required to make throughout the agreement and ensure you are able to meet these obligations and other obligations you already have without suffering undue hardship.

If you are aware of any future events that will affect your ability to meet these payments, you should ensure the provider is informed immediately.

Your credit rating could be adversely affected if you do not make payments when due, which could make it harder or more expensive for you to access finance facilities in the future.

Holmwood Leasing Limited, whose registered office is Unit 13, HatTech Business Centre, Beaconsfield Road, Hatfield, AL10 8FF, is an independent vehicle finance broker, not a lender, authorised and regulated by the Financial Conduct Authority.

Our Financial Conduct Authority Firm Reference Number is FRN 659404, which can be verified by contacting the FCA on 0800 111 6768 or by viewing the Financial Services Register at www.fca.org.uk.

We offer a range of vehicle leasing facilities through a panel of carefully selected third-party lenders from whom we will receive either a fixed or variable commission payment. This will impact the amount you pay if you decide to enter into an agreement with them.

We will not offer facilities from lenders outside of this panel. Different lenders may pay us different amounts, depending on the quality and volume of business that we submit to them and the terms of the financial agreement that you choose to enter into.

We will provide you with either comparable details of firms most appropriate to your lending requirements or general information relating to finance products.

In assessing your requirements we may seek information about your personal circumstances and objectives to enable us to identify your needs. It is important that you provide us with accurate and relevant information, enabling us to narrow the selection of firms offered, from which you can more easily make your choice.

Throughout the process of obtaining finance for you and/or your partner vehicle agreement, we will need to collect personal information from you and/or your partner and pass this information onto one or more third-party lenders to enable them to make a credit decision. We will not disclose you and/or your partner's personal information outside of this group of lenders.

Those lenders who seek you and/or your partner's information in order to conduct an affordability and creditworthiness assessment will do so through the consent given by you and/or your partner. In cases where you and/or your partner's initial application may be refused by the most suited lender, further searches may be carried out with other lenders on our panel in order to find a lender that is willing to accept you and/or your partner's application for finance.

Those lenders, including Holmwood Leasing Limited, will not use you and/or your partner's personal information in order to provide you and/or your partner with promotional or marketing material or offers, unless you and/or your partner have specifically consented by opting in. The lenders will obtain individual consent from you and/or your partner in order to market to you and/or your partner and provide you and/or your partner with offers.

We are able to supply a comprehensive list of lenders by request.

You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations and details of their products by researching on the high street, in the media and online.