What is an Initial Disclosure Document?
The Financial Conduct Authority (FCA) is the independent regulator of financial services. The FCA require GRIDSERVE to provide you with a document called an ‘Initial Disclosure Document’. This document provides information about GRIDSERVE, the products offered, the services GRIDSERVE will provide, what the charge is for the services, who regulates GRIDSERVE and what to do if you have a complaint.
Who regulates us?
GRIDSERVE is a trading nameof GRIDSERVE UK OMM Ltd.
GRIDSERVE UK OMM Ltd Financial Services Register no. 935650, is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). You can check this on the FCA’s website https://www.fca.org.uk/register or by contacting the FCA on 0300 500 8082.
The services we provide.
As an FCA regulated credit broker, we will take steps to ensure that, in the course of advising you, GRIDSERVE will only make a recommendation; that will be suitable for your demands and needs at the time that the recommendation is made. In assessing your demands and needs GRIDSERVEmay seek information about your personal circumstances and objectives which may be relevant, in order to identify your requirements. It is important that you provide accurate and relevant information.
What products do we offer?
GRIDSERVE work exclusively with Hitachi Capital Vehicle Solutions (Hitachi Capital/HCVS) to offer leasing solutions, products and services, such as maintenance/servicing products and charging included packages (see following link for more information – https://gridserve.com/legal-ev-leasing-policy/) to both personal and business customers.
GRIDSERVEwill not refer you to any other lenders without your consent. All the products offered are optional.
GRIDSERVE may receive a commission or other benefits from the finance provider should you decide to enter into an agreement with them as a result of the introduction. This is reflected in the monthly lease rate that you pay for your vehicle. The amount of commission received may vary depending on the terms of the funding. If you would like more information in relation to the disclosure of commissions, please email your leasing consultant or email@example.com.
What will you have to pay us for our services?
GRIDSERVE will charge an Arrangement Fee of £200 inc. VAT for the sourcing of the vehicle and the services. The arrangement fee is the broker fee charged by GRIDSERVE for the service and represents the costs incurred for arranging the lease, ordering the vehicle, securing a credit line, and organising delivery of the vehicle. This fee is payable by debit or credit card and is taken upon application via a secure payment link provided by Stripe (https://stripe.com/gb), along with all relevant paperwork signed by yourself instructing us to place an order on your behalf. Please see information notice for further information.
What to do if you have a complaint
GRIDSERVE commits to providing a high quality, transparent, and straightforward service to everyone GRIDSERVE interacts with. GRIDSERVE customer care aims to be awesome, so if you are not happy with a product or service, please get in touch.
We listen to complaints, treat them seriously, and learn from them to continuously improve your experience with us.
How to get in touch with GRIDSERVE
The Complaints Team
GRIDSERVE UK OMM Ltd,
Thorney Weir House,
Thorney Mill Lane,
How to get in touch with Hitachi Capital Vehicle Solutions
Any complaints related to your hire agreement should be directed to Hitachi Capital Finance Solutions (HCVS).
By writing to:
Hitachi Capital Vehicle Solutions
What you should expect from GRIDSERVE
GRIDSERVEwill acknowledge your complaint within 3 working days and try resolve issues straight away or within a further 3 working days from acknowledgment.
If GRIDSERVEmanage to reconcile the complaint within the time-frame set out herein, , a summary of what was done to resolve the complaint will be provided to you. If your complaint cannot be resolved immediately, youwill be provided with a timescale and keptup to date on the progress of your complaint regularly.
To the best of GRIDSERVE’sability, we will try to remedy your complaint within 30 working days. However, whether the complaint has been resolved or not, you will receive communication detailing our investigations into your complaint.
Within 60 working days, a final response will full details of our investigations will be provided to you. If this is not possible for any reason, GRIDSERVEwill write to you explaining the reasons for the delay and give you an indication of when a resolution is expected to be provided.
If it is not possible to resolve your complaint within this timeframe, GRIDSERVE will set out the reasons for delay and an indication of when your complaint is expected to be resolved.
GRIDSERVE will try to successfully resolve your complaint, but in the rare cases you feel the response does not satisfy your concerns, please contact us.
In the unlikely event that a complaint remains unresolved after 8 weeks from the date it was made, you may be able to refer it to the Financial Ombudsman Service (FOS), dependent upon the nature of your complaint. The FOS provides a mechanism for resolving disputes which is a simple, informal and accessible alternative to the courts.
Their address is:
The Financial Ombudsman Service (FOS),
The Financial Ombudsman Service offers a free, independent complaint resolution service. You have the right to refer your complaint to the Financial Ombudsman Service, free of charge, but you must do so within six months of GRIDSERVE’s final response letter’s date.