Initial Disclosure

The Financial Conduct Authority (FCA) acts as the UK's independent regulator for financial services. As part of its requirements, we are obliged to provide you with an Initial Disclosure Document. This document is designed to give you key information about our business, including the services and products we offer, how we are regulated, and any fees we may charge. It also outlines the steps to take if you wish to make a complaint, along with details about the Financial Services Compensation Scheme.

About Us

We are Redline Specialist Cars Limited trading as: AMT Leasing

Registered Address: Redline Specialist Cars, Grimbald Crag Close, St James Business Park, Knaresborough, North Yorkshire, HG5 8PY

Trading Address: AMT Leasing, Unit 1, Grimbald Crag Close, St James Business Park, Knaresborough, North Yorkshire, HG5 8PY

We are authorised and regulated by the Financial Conduct Authority (FCA) under Firm Reference Number 659337.

You can check this on the Financial Services Register: www.fca.org.uk/register

We are a credit broker of vehicle finance, not a lender.

We are also a member of the British Vehicle Rental and Leasing Association (BVRLA) and adhere to its Code of Conduct. For further information visit www.bvrla.co.uk

Company No. 03326062

VAT Registration No. 686526296

Data Protection Registration: ZA021649

Contact Us

You can contact us:

By telephone: 0113 387 4241
In writing: AMT Leasing, Unit 1 Grimbald Crag Close, St James Business Park, Knaresborough, North Yorkshire, HG5 8PY
By email: [email protected] / [email protected]

Website

AMT Leasing: https://lease.amtauto.co.uk

AMT Group: https://amtauto.co.uk/

Our Services

We act as a credit broker and can introduce you to a panel of selected lenders who may be able to provide finance for your vehicle.

We may:

Provide information about finance products
Make a recommendation based on your needs and circumstances

You are not obliged to take our recommendation.

We will help you find a suitable vehicle by sourcing it from our network of preferred main dealers to form part of your finance agreement. In addition, we will make you aware of any optional extras that may be of interest, such as maintenance packages.

Regulated and Unregulated Agreements

Not all finance agreements we arrange are regulated by the Financial Conduct Authority.

Regulated agreements (typically for individuals) provide protections under the Consumer Credit Act, including access to the Financial Ombudsman Service (FOS).
Unregulated agreements (e.g. some agreements for business customers) do not offer the same level of protection.

We will inform you before you proceed whether your agreement is regulated or unregulated.

If you are a regulated customer (private individual, sole trader or small partnership with 2-3 partners), and before the finance agreement is set live, you have the right to request the disclosure of any applicable commission we earn on your finance agreement.

Fees

We apply a Document Fee starting at £249.99 + VAT (£299.99 including VAT), which covers both locating your vehicle and our associated administration costs. This fee becomes payable once you confirm your acceptance of our quotation, either in writing or via telephone, and can be settled by debit card, credit card, or bank transfer.

Holding Deposit

The supplying dealership may request a refundable holding deposit to secure a vehicle prior to finance approval.

Where a holding deposit is requested, the dealership will advise you of the circumstances in which it may become non-refundable.

Holding Deposits are not treated as security deposits under the finance agreement.

Security Deposit – AMT Asset Management

If your vehicle is financed through AMT Asset Management, we may require a security deposit as part of the underwriting process. If a security deposit is required, the amount will vary depending on your application and will be clearly communicated to you before you place your order.

Commission

We will receive a commission from the lender if you enter into a finance agreement.

This commission may be a fixed fee or a percentage of the amount financed.
Different lenders may pay different amounts of commission.

The commission we earn is built into the total lease cost you pay throughout the term of the finance agreement, meaning it forms part of the monthly payments you make.

We are happy to disclose the amount of commission we will receive before you enter into the agreement — please ask us at any time.

Suitability and Customer Information

Where we provide a recommendation, we will take reasonable steps to ensure it is suitable for your needs.

To do this, we may ask for information about:

Your financial situation
Your requirements and preferences

It is important that you provide accurate and complete information so we can assist you effectively.

Affordability

You should review the monthly payments set out in the agreement and make sure they are affordable alongside your existing financial commitments, so you do not place yourself under financial strain. If you expect any changes in your circumstances that might impact your ability to keep up with these payments, you should notify the provider as soon as possible.

Failing to make payments on time could negatively impact your credit score, which may make it more difficult or costly to obtain credit in the future.

Your Right to Cancel

If you enter into a regulated finance agreement, you will have a 14-day right to withdraw from the finance agreement.

This right applies to the finance agreement only, not the vehicle purchase itself.
Full details will be provided in your finance agreement documentation.

Confidentiality and Data Protection

Your information will only be disclosed/provided to third parties for the purposes of providing, arranging, administering and renewing insurance contract(s) and for the purposes of monitoring and/or enforcing compliance with regulatory rules/codes. A list of these third parties can be found below. For full details of where your information will be sent and the purpose of such data transfer, please ask us.

Complaints

We aim to provide a high standard of service. If you are not satisfied, you can make a complaint.

You can contact us:

By telephone: 0113 387 4241
In writing: AMT Leasing, Unit 1 Grimbald Crag Close, St James Business Park, Knaresborough, North Yorkshire, HG5 8PY
By email: [email protected]