Answers
Frequently asked questions.
Clear answers about our role, the process, and what to expect.
Am I applying directly with London Motor Finance?+
No. London Motor Finance Ltd is a vehicle finance introduction and administration company. Any application for finance is submitted to, and considered by, an appropriately authorised FCA regulated lender or finance broker.
Who makes the lending decision?+
The appropriately authorised FCA regulated lender (or finance broker) makes all lending decisions, including assessments of affordability, eligibility and status.
Do you guarantee approval?+
No. We do not guarantee finance approval. Any finance is subject to status, affordability, lender approval and eligibility criteria.
Is finance subject to status?+
Yes. Any finance agreement is subject to status, affordability, lender approval and terms and conditions set by the lender.
Are you FCA regulated?+
London Motor Finance Ltd is not currently authorised and regulated by the Financial Conduct Authority. We do not provide regulated consumer credit or regulated financial advice. Where finance is required, we introduce customers to appropriately authorised FCA regulated lenders or brokers.
Can businesses apply?+
Yes. We support enquiries from sole traders, partnerships and limited companies. Please visit our Business Finance page for more information.
What documents are needed?+
Requirements vary by lender, but typically include proof of identity, proof of address, income information and, for businesses, company details. We will explain what is required for your specific enquiry.