If you’re a UK resident who has recently moved back to the country, or you’re planning on making the move home, you may find that obtaining credit for a car lease or finance, may prove difficult. Even those with strong financial records overseas, UK credit reference agencies often don’t recognise this history, as a result, many returning UK residents face automatic declines from mainstream leasing companies.
But don’t panic just yet, we may have one of the best services for you… But let’s look into the reasons first.
Why Returning UK Residents Struggle with Car Leasing
When you ar elooking at car leases or car finance, many of the mainstream funders rely heavily on:
- UK Credit History – Which may be limited or non-existent after living abroad.
- Automated Credit Scoring Systems – These cannot take itno account overseas financial records.
- Rigid Policies – This leaves little room for flexibility and/or manual underwriting
This can be extremely frustrating for returning residents who are financially stable but need a vehicle.
Flexible Alternative for UK Residents
For those finding it difficult to secure traditional car leasing, we offer a range of services such as flexible car subscriptions and short-term car leases that provide a simple and accessible alternatives:
- Easy Sign-up Process – Quick approval and a more flexible underwriting process
- No Long Term Commitments – Ideal contracts whilst you build up your UK credit history
- All-inclusive Options – All you need to do is provide fully comprehensive insurance and fuel, most subscriptions include maintenance & servicing, road tax and breakdown assistance.
- Premium Choice – We operate a wide range of premium vehicles from some of the best car brands in the world.
Are we the best service for returning UK residents?
We specialise in helping returning UK residents in cars, whether you’re here permanently, 6 months of the year or you’re not quite sure. Both our Car Subscription service or our short-term car leasing service should fit your needs. With our experienced underwriters who will look at all applications on a case-by-case basis, we feel we’re the best service for you.
Our service is designed for those who fall outside of the “standard” customer profiles and we don’t rely on traditional credit scoring systems, as our team touch and feel all paperwork provided.
Speak to the Team
Whether you’re already in the UK and ready to lease a car or you’re making your plans and eyeing up options, if you need any advice, we’d recommend calling the team on 01332 290173 or using the CONTACT FORM at the bottom of this article.
We offer a range of specialist services such as expat car leasing, leasing for companies with foreign directors and more.
