LEASING broker audits carried out by the BVRLA will include assessment of Financial Conduct Authority (FCA) permissions. The BVRLA says its audit programme will consider whether brokers are involved in any introductory activity for products or services outside of their own business offers. And whether brokers have sufficient permissions. For example, a common activity for brokers to be involved in an introduction…
BROKER contribution to the leasing market continues as personal contract hire leases continue to accelerate. According to the latest BVRLA Quarterly Leasing Survey for Q2, PCH was the driver with a 23% growth – thanks to the growing role of leasing brokers in the leasing markets. Nevertheless the overall trend for leasing was 2% down as business fleet leasing contracted, continuing its…
THREE new brokerages have swelled the ranks of BVRLA approved brokers. The three are: ● Belmont Vehicle Leasing, based in Oldham ● Hot Car Leasing, which is based in Shrewsbury, and a trading style of Telford firm Creative Client Services ● Aptus Contracts, who are based in Worsley, Greater Manchester Greg Theaker, membership manager, BVRLA said: “We are delighted to welcome all…
THE BVRLA is doubling the number of breakout sessions for this year’s Industry Outlook Conference. The conference – themed Driving your business into 2020 – will feature sessions on: compliance, residual values and remarketing, plus company car alternatives. The breakout sessions will be run twice, so delegates have the opportunity to attend two of the three available. Pictured above is Steve Cocks…
LEASING professionals can take advantage of the BVRLA’s latest course on Selling Contract Hire. During the course, you will learn about the range of vehicle funding methods with a particular focus on contract hire. The course is taking place at the BVRLA’s Amersham HQ on October 09-10, 2019. Selling Contract Hire is being delivered by Karen Morton (no relation! – ed) over…
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…
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…
THE BVRLA is encouraging all members to log in to the association’s website and update their records by September 23, 2019 to make sure the correct information is held. A new secure online system looks to provide a quick way to keep business information up-to-date. This includes elements such as company registered and trading names, corporate logo, fleet size, address information, branch…