Author page: Ralph Morton

Moneyshake.com leasing aggregator launches for BVRLA brokers only

Moneyshake team

A NEW leasing aggregator has been launched, called Moneyshake.com. Moneyshake.com says it differentiates itself from other leasing broker portals because it only features BVRLA leasing brokers; and it will only charge a fee for a converted lead. The leasing portal aggregator went live on September 03, 2019. “We charge nothing until the deal is done,” explained CEO Eben Lovatt. “And then the…

Bridle Insurance sold to the Finch Group

Bridle Insurance

BRIDLE Insurance, part of the Bridle Group, has been sold to Reading-based Finch Group. Finch said that Bridle Insurance, its biggest purchase to date, would bring £10 million in gross written premium (GWP) and a workforce of 17 people. Managing director Vince Gardner added: “Bridle Insurance is a brokerage I have admired for many years. They have strong client relationships and have…

Tesla Model 3 price rise squeezes up lease rentals

Model 3 Profile Grey New

REGISTRATIONS for electric vehicles may have shot up in August – up 377.5% year-on-year – but it seems Tesla’s Model 3 has followed suit. Prices have gone up to £35,000 basic list price as of Friday, September 13, 2019 – putting an additional £80 per month on a Tesla Model 3 PCH lease deal. Demand for the Tesla Model 3 has been…

Low Cost Vans helps support Neath RFC

Neath RFC captain Aaron Bramwell sitting in the Low Cost Vans supported van

VAN broker specialist, Low Cost Vans, has stepped into support local Neath Rugby Football Club with a Mercedes van. Pictured above is Neath RFC captain Aaron Bramwell sitting in the Low Cost Vans supplied Mercedes which also features the club’s well-known chant “Neath! Neath! Neath!” (below). Low Costs Vans managing director, Rod Lloyd, has been a Neath RFC fan since childhood. He…

Financial Ombudsman Service publishes updated guidance on affordability

Financial Ombudsman Logo

THE Financial Ombudsman Service has updated its guidance on affordability. For leasing brokers this can be a key issue when talking to potential customers about a lease deal. In particular, those personal leasing customers who may be at the limits of their affordability boundaries with no latitude for upkeep of the vehicle – such as servicing or new tyres should they be…

Matthew Weston appointed new head of business sales, Peugeot

Matthew Weston Peugeot

MATTHEW Weston is the new head of business sales at Peugeot, effective September 02, 2019. Matthew is the former LCV product manager for Peugeot and Citroen. He replaces Louise Neilson who has moved to PSA Group’s Free2Move leasing division as national sales manager. In his new role, Matthew will be closely involved with Peugeot’s dealer network, assisting in the brand’s continued growth…

Brokers – get ready for Christmas. Now!

Broker as santa

SANTA, mince pies and yo! ho! ho! might seem a long way off. But brokers need to make sure they can enjoy Christmas by acting early to meet the new FCA Senior Managers & Certification Regime (SM&CR). From December 09, 2019, the SM&CR will replace the current Approved Persons Regime for SM&CR firms. Complying with FCA SM&CR does not require a change…

Kew Vehicle Leasing refreshes brand image

kew 2019

LONDON-based Kew Vehicle Leasing has updated the look and feel of its logo with a refresh of the brand. “The new look coincides with the imminent change for our website which will also have a fresher appearance,” explained managing director, Lee Jones. “We also wanted to reflect our locality better as we’re based in Richmond, close to Kew Gardens where we took…