Under a contract hire agreement, you agree to lease the vehicle for a fixed period (usually 24-48 months) and agreed maximum mileage (e.g. 10 or 20k per annum).
You make one initial rental payment (typically 3-6 months rental) and then make a fixed monthly payment for the duration of the contract. Road tax is included for the term of the lease, but you will need to maintain (service) the vehicle to manufacturer's guidelines and insure it. The car never belongs to you, and at the end of the contract you return it to us.
If you’re a private individual aged over 18 and permanently resident in the UK, you can apply for a personal lease, also known as personal contract hire. We will need some basic information, including a completed proposal form, proof of your ID (e.g. a driving licence or passport) and address (e.g. a council tax or utility bill) and some recent bank statements (we can usually accept good quality copies of these documents) and we will run a check with one of the credit reference agencies. Our underwriting team will then assess your application and, all being well, confirm that we are happy to fund you.
Don’t worry if you have bad credit- we specialise in helping people even if they have been previously declined.
Business Contract Hire
Contract hire was originally designed with business in mind, and there are several great advantages:
Whether you’re a sole trader or your limited company needs a new vehicle, you can apply for business contract hire. We will need some basic information, including a completed proposal form and business bank statements, along with proofs of ID and address and bank statements for the applying director.
Don’t worry if your company is a new start or has been previously declined- we consider all applications and can often help.”
If you’re a Private Individual, Sole Trader or Limited Company permanently resident in the UK, you can apply for a lease even if you have limited or poor credit. We specialise in helping people, even if they have been previously declined.
Almost any car or light commercial!
Whether you need a new van for your business, a reliable hatchback for the school run, a sporty little number, or something to eat up the miles on the motorway, we can source the right vehicle for you.
We can supply both new and nearly new vehicles.
LCC Capital were super helpful and took time to explain the application process to me, and helped me find my perfect car.R. Stone
I wish all companies were as easy to deal with as LCC CapitalK. Peters
Access to a newer, more reliable vehicle without the initial cost of ownership. There’s no depreciation to worry about as this is taken by the lease company and the monthly payments. You can even reclaim some of the VAT if you’re VAT registered.
To start the ball rolling please complete our simple on-line application form here , and a member of our customer services team will be in touch to guide you through the process.
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