Status Disclosure
Introduction:
This Status Disclosure Policy outlines the nature of our business relationship with you, our customer, and the types of services we provide. It also explains the regulatory status of The Manchester Motor Company and any associated disclosures required by law.
Our Business Relationship:
The Manchester Motor Company acts as a credit broker and not a lender. We facilitate vehicle finance and insurance products by introducing you to a panel of lenders and insurers with whom we have commercial relationships. We may also offer a range of vehicle-related products and services, such as extended warranties, vehicle protection products, and maintenance contracts, through our partnerships with selected providers.
Regulatory Status:
The Manchester Motor Company is authorized and regulated by the Financial Conduct Authority (FCA) for credit broking activities. Our FCA registration number is [Insert FCA Registration Number]. We are also registered with the Information Commissioner's Office (ICO) under the Data Protection Act [Insert ICO Registration Number] for the processing of personal data.
Disclosure of Status:
We are required by law to disclose our status as a credit broker and provide information about our regulatory authorization to customers before entering into any financial or insurance agreements. Our status disclosure will be provided in written form, typically within our documentation related to vehicle finance and insurance transactions, including finance proposals, agreements, and insurance policy documents.
Our Responsibilities:
As a credit broker, we act in your best interests when arranging finance and insurance products. We will provide you with clear and transparent information about the products and services we offer, including any fees or commissions we may receive. We will also ensure that any recommendations we make are suitable for your needs and financial circumstances, based on the information you provide to us.
Customer Awareness:
It's important for you, as our customer, to be aware of our status as a credit broker and understand the nature of our relationship with lenders and insurers. If you have any questions or concerns about our status or the services we provide, please don't hesitate to contact us.
Contact Us:
If you require further information about our Status Disclosure Policy or have any questions regarding our regulatory status, please contact us at:
- The Manchester Motor Company
- Address: 369 Blackburn Road, Bolton, BL1 8DY
- Phone: 01204 911752
- Email: sales@themanchestermotorcompany.co.uk
Review and Updates:
We may review and update our Status Disclosure Policy periodically to ensure compliance with regulatory requirements and changes in our business practices. Any updates to this policy will be communicated to you accordingly.
Thank you for choosing The Manchester Motor Company. We are committed to providing you with excellent service and transparent business practices.