Status Disclosure
The Financial Conduct Authority (FCA) is the independent regulatory body overseeing financial services in the UK. FCA regulations require firms to provide status disclosure documents to consumers considering financial products. This document explains the finance-related services we offer. Please review this information carefully to determine whether our services meet your needs.
Whose Products Do We Offer?
If you require finance to assist with the purchase of a vehicle, we can introduce you to a limited number of lenders with whom we work. These lenders offer a range of finance products. If requested, we can provide you with a list of the lenders we work with.
Which Services Will We Provide You With?
We are a credit broker, not a lender.
We will explain the finance products available from our partner lenders and assess their suitability based on your needs. However, you must make the final decision on how to proceed.
We are not an independent financial advisor and do not assess the wider market for finance. We also do not provide advice on whether our finance products offer the best value available elsewhere.
What Will You Have to Pay for Our Services?
We do not charge you a fee for our services.
We receive a commission from the lender, either as a fixed fee or a fixed percentage of the amount borrowed. These commissions are pre-negotiated with our lenders and do not allow us to adjust your Annual Percentage Rate (APR) or any other cost element included in your total credit charge.
The APR may vary based on your credit status and the amount borrowed.
The commission we receive does not change based on the type of finance product you select (e.g., Hire Purchase, Personal Loan, or Personal Contract Purchase) or the duration of your finance agreement.
If you are an individual, sole trader, or small partnership, you are entitled to request details of any commission we receive for arranging your finance. You can make this request at any time before finalizing your vehicle purchase by speaking to the Salesperson handling your sale or contacting us at admin@kenmorecaravans.co.uk.
Who Regulates Us?
Kenmore Caravans Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
Our permitted business activity is acting as a credit broker for consumer finance.
You can verify our authorization by:
Visiting the FCA Register at www.fca.org.uk/register
Contacting the FCA Helpline at 0800 111 6768 or 0300 500 8082
Ownership
Kenmore Caravans Limited is a privately owned Limited Company.
For any inquiries, please contact us at admin@kenmorecaravans.co.uk.