Is a credit check required for new leases?

Yes. When you decide to lease a new vehicle, whether it’s for a month or a year, you’ll be required to enter into a legal contract between you (the hirer) and the registered vehicle keeper (the lease company). As such, we have a duty to perform an affordability check to make sure the short-term lease is right for you.

To apply for a new vehicle lease, you’ll be required to complete the details on either a personal proposal form or a business proposal form (whichever is more relevant to you). This will then allow us to begin our credit checking process;

  • Once we’ve received your application, we’ll submit it to our in-house credit team so they can make an informed decision
  • They’ll perform checks to verify your identity and address, as well as taking into account your income and expenditure
  • We’ll normally have a decision back to you within 24 working hours following submission

If you’re approved, you’re not committed to leasing a vehicle, but an account is open to you.

There may be some instances where you fall into our ‘grey’ area and we may ask for a refundable deposit to support your application. This money simply sits on your account and is refunded back to you in full at the end of the contract – providing no outstanding charges occur during the lease.

As we underwrite the contracts ourselves, we’ll look at each application individually. So don’t worry about not being approved!

To find out more, speak to a member of our friendly team on 0800 311 8290.

Know what you're looking for?

Complete our online enquiry form and receive your personalised quote within the hour.

Quick Quote

Call Our Team Now on 0800 311 8290