Personal Contract Hire, also known as Private Contract Hire or PCH, is one of our most popular lease agreements. However, if you’ve never gone through a PCH agreement before, it can be confusing. This infographic contains everything you need to know about Private Contract Hire including the pros and cons of Personal Contract Hire, so you can decide whether this agreement is right for you.
OSV Limited is an Appointed Representative of Automotive Compliance Ltd who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of lenders.We are a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor and we act as their agent for this introduction.
We may advise you on the products, subject to your personal circumstances, though you are not obliged to take our advice or recommendation. We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). For your reassurance, all of the lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay.
Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.
OSV Ltd a Registered Company in England and Wales No: 04533176 and whose registered office is C2 Yeoman Gate, Yeoman Way, Worthing, West Sussex BN13 3QZ.
VAT Reg No: 946 3911 02 ICO: Z1606144Finance is subject to status.