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Regulatory Policy

2024 Compliance – Status Disclosure

Who are we?

Dawner Asset Finance LLP

Trading address: 33 Park Gate, Strensall, York, N Yorkshire. YO32 5YL
Partner: Andrew Wells Contact number: 07825 232523
Partner: Andrew Brown Contact number: 07825 232480
Telephone: 01904 449979
Email: admin@dafinance.co.uk
Company number: OC343842
FCA number: 1023256

 

Dawner Asset Finance LLP (FCA Number: 1023256) is an appointed representative of Dealer Net Finance Ltd which is authorised and regulated by the Financial Conduct Authority under FCA Number: 660336

We are a credit broker and not a lender. Our work for limited companies, limited liability partnerships and unlimited liability partnerships consisting of four or more partners is outside of the scope of Financial Conduct authorisation and regulation.

You may check this information on the FCA’s register by visiting www.fca.org.uk/register or by contacting them on 0800 111 6768 (Freephone) of 0300 500 8082 from the UK, or +44 207 066 1000 from abroad

 

What can we do to help finance your purchase?

We aim to find a competitive and suitable finance solution based on our understanding of your situation and needs from the panel of asset finance lenders that we work with.

We want to help you to make an informed decision about your finance options. We will provide details of one or more possible solutions to you. We will help you to understand different asset finance options and how they compare to other finance products.

We will not provide specific advice or a recommendation on whether to proceed but if you are unsure about any finance product or option, please ask us to assist. We will always be happy to speak to anyone who supports you or your business.

We cannot provide specific advice over the accounting and tax implications for your business of different products. If you need further help, we recommend you speak to your accountant or consult the British Business Banks Finance hub (https://www.british-business-bank.co.uk/finance-hub/other-forms-of-finance/)

Do you have to pay for our help?

We do not charge a fee for our services. We will typically be renumerated from the lenders, either as a fixed fee for the arrangement or a fixed percentage of the amount you borrow.

Each lender may pay commission at a different rate that they set. For some lenders and some products excluding motor finance we will add out commission to the interest rate that they set. For other lenders and products including motor finance, the lender sets a rate that already includes our commission cost. We may also receive a fixed payment for handling documentation on behalf of the lender.  

These arrangements affect the total amount payable under the agreement and help to ensure that the commission we earn fairly reflects the work we will carry out to meet your requirements. We wil always work in your best interest to provide you with the best product for your needs

You are entitled, at any time, to request information regarding any payment which we may have received as a result of placing your finance with a funder.

 In deciding where to place your  business , a number of factors have to be considered, such as:

  • customer requirements
  • payment history
  • complexity of proposal and the risk level for both customer and lender
  • funder service levels and appetite for business from the funders
  • asset quality and other relevant issues.

 

​What can you do if you wish to complain about our services?

If you wish to register a complaint, then you can do so by:

Contacting us directly:

Andrew Wells or Andrew Brown

Tel: 07825 232523 or 07825 232480
Email: admin@dafinance.co.uk
In writing: 33 Park Gate, Strensall, York, YO32 5YL

Contacting Dealer Net Finance:

Kavan Young
Tel: 0191 586 6168
Email: kavan@dealernetfinance.co.uk
In writing: Dealer Net Finance, The Old Brewery Business Centre, Castle Eden, Co Durham
TS27 4SU

If you are not satisfied  with our response to your complaint, you may be able to refer the matter to the Financial Ombudsman Service (FOS)

They can be contacted in the following ways:

In writing: Financial Ombudsman Service, Exchange Tower, London, E14 9SR
Tel: 0800 023 4567
Email: complaint.info@financial-ombudsman.org.uk