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Commission Disclosure Policy

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Commission Disclosure Policy 

About Us

Alternative Route and Alternative Route Leasing are part of the Bridle Group and are trading names of Hanborough Enterprises Limited (‘the Company’, ‘Us’, ‘We’ or ‘Our’). 

Hanborough Enterprises Limited is regulated for consumer credit activities and insurance distribution by the Financial Conduct Authority – Firm Reference Number 631448. We are a broker and not a lender. You can check this information at www.fca.org.uk 

Hanborough Enterprises Limited is registered with the Information Commissioners Office for the processing of data under The Data Protection (Charges and Information) Regulations 2018. Our Data Protection Licence number is Z264186X. You can check this information at www.ico.org.uk

Hanborough Enterprises Limited is a member of the British Vehicle Rental and Leasing Association and abide by their Code of Conduct. For further information visit www.bvrla.co.uk

Introduction

We receive our income from the introduction of customers to our carefully selected panel of funders and/or from the supply of vehicles and/or the supply of ancillary goods and services.

Customers who are consumers, sole traders or small partnerships and who use our services resulting in the entering in to an agreement which is regulated by the Consumer Credit Act, have a legal right to ask us to disclose the amount of commission that we receive. 

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.

When can a customer request this?

A Customer may ask for commission disclosure at any time from our initial discussions through to the point when their agreement is set live. After this point we have no obligation to disclose what we have earned from transacting the deal.

How may a customer request this?

Customers may request the disclosure of commission by any means, over the phone, by email, in writing. 

Call us on:

01273 412288

Email us:

sales@alternativerouteleasing.co.uk

Write to us:

Alternative Route 

11 North Street

Portslade

Brighton

East Sussex

BN41 1DH

 
Contact Us

 

BVRLA

 

Funders

 

Alternative Route and Alternative Route Leasing are trading names of Hanborough Enterprises Ltd who is authorised and regulated by the Financial Conduct Authority for consumer credit activities and insurance distribution. Our Firm Reference Number is 631448. You can check this on the FCA Register by visiting www.fca.org.uk or by contacting the FCA direct on 0300 500 8082. We are an independent vehicle finance broker and we operate with a panel of carefully selected funders. We may receive commission and/or other benefits from the finance provider if you enter in to an agreement with them. 

 

Alternative Route’s trading address is 11 North Street, Portslade, Brighton, East Sussex BN41 1DH.

 

Hanborough Enterprises Ltd is a company registered in England no 07216831. Registered office Jamesons House, Compton Way, Witney, Oxfordshire OX28 3AB. VAT Registration Number 110 3005 02. Data Protection Licence Z264186X. We are a broker not a lender


Finance is subject to status. Pictures are for illustration only and may not be the exact model. Calls are recorded for training and quality purposes. Errors and Omissions Excepted.


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