1 The Financial Conduct Authority (FCA)
The FCA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.
2 Whose products do we offer ?
Clive Hamilton Motors Ltd is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486).
We act as a credit broker, not as lender, for the introduction to a limited number of finance providers only for;
Hire Purchase, Personal Contract Purchase (PCP), Our panel of Lenders, who may be able to finance your purchase are;
- Northridge Finance - Fixed Rate / % of Balance Financed Commission Model
- Blackhorse – Fixed Rate / % Balance Financed Commission Model
- Evolution Funding – Fixed Rate / % Balance Financed Commission Model
We act as their agent for this introduction and not as your agent. We are not an independent financial advisor; we will provide details of products available. We may advise you on the products, subject to your personal circumstances, though you are not obliged to take our advice or recommendation.
You are under no obligation to make use of any financial product arranged by Clive Hamilton Motors Ltd. Other providers may offer similar products that may or may not meet your needs.
3 Which service will we provide you with
We will review suitable finance products for you after we have assessed your needs for;
Hire Purchase, Personal Contract Purchase (PCP), Contract Hire.
You are not obliged to agree with our recommendations or to make any purchase of a finance product. You may obtain free, unbiased guidance from the Money Advice Service at www.moneyadviceservice.org.uk or Your Impartial Guide to Car Finance at www.financingyourcar.org.uk.
4 What will you have to pay us for this service
- You will make no payment to us for the introduction to our panel of lenders, typically we receive a commission from the lender if you decide to enter into an agreement with them. You may ask us for details of such payments.
Commission Arrangements
% of Balance Financed Commission Model
The Dealer will be paid a commission for introducing you to the lender. This will be a percentage of the amount that you borrow. This means the more you borrow the more the Dealer is paid. The commission will be the same no matter the interest rate that you pay. If you ask the Dealer, they will tell you (in good time before the agreement is made) the amount of any commission they will earn from the lender.
5 Who regulates us ?
Clive Hamilton Motors Ltd is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486).
6 What to do if you have a complaint
If you wish to register a complaint, please contact us;
... In writing – Clive Hamilton Motors Ltd 131 Moneymore Rd, Cookstown, Co Tyrone, BT809UU
... by phone – 02886763643
... by e-mail – [email protected]
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service. www.financial-ombudsman.org.uk
7 The Data Protection Act
Clive Hamilton Motors Ltd is also governed by the Data Protection Act (2018). This ensures any information you give us is managed in a secure and confidential manner. This information may be passed to other groups or affiliated members including those company(s) detailed in Section 2 above. Without this information Clive Hamilton Motors Ltd is unable to process your order or enquiry. Under the Data Protection Act you may apply to have this information restricted or removed at any time by telling Clive Hamilton Motors Ltd via phone on 02886763643 or in writing to Clive Hamilton Motors Ltd 131 Moneymore Rd, Cookstown, Co Tyrone, BT809UU.
Your information will be retained for a period of up to twelve years. During this time you have the right to obtain details of the
information held and how it has been processed.
If you would like to exercise any of these rights or have any concerns with how we are processing your data then please contact
the Data Protection Officer at Clive Hamilton Motors Limited, 131 Moneymore Road, Cookstown, County Tyrone, BT809UU;
telephone 02886 763643. If we are unable to resolve your concerns then you have the right to refer the matter to the Information
Commissioner's Office. Further details about your rights and how to lodge a complaint can be found on the Information
Commissioner's Office website (www.ico.org.uk/for-the-public/).