Silverstone Leasing

Your Cancellation Rights For Silverstone Leasing

This document explains your cancellation rights and the period within which you must decide whether you wish to use Silverstone Leasing's brokerage service.

Please note, this policy specifically relates to cancelling Silverstone Leasing's brokerage service and does not relate to your cancellation rights with the finance provider.

Cancellation Policy for Regulated Agreements

For regulated credit broking agreements that have been concluded without any face-to-face dealings (i.e.. over the phone, internet etc.) you have the statutory right to cancel the contract without penalty and without giving any reason within 14 calendar days in accordance with the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations.

This legal right applies equally to all personal customers, sole traders, and partnerships with up to four partners. These rights to not apply to Limited Companies, Limited Liability Partnerships (LLP) and Partnerships with more than four partners as these agreements are unregulated.

The 14-calendar day cancellation period for Silverstone Fleet Management's Brokerage Service begins from the day you “accept” our order, Terms & Conditions and IDD document. For orders placed online, this period starts from the day you submit your online order. For orders cancelled after 14 calendar days, the following cancellation fees will apply:

  • If you cancel your order after the 14-calendar day period a cancellation fee of £600 inc VAT will be charged by Silverstone Leasing to cover all costs and expenses incurred in arranging the credit hire agreement up to that point. This is in addition to our processing fee of £358 inc vat.

Cancellation Policy for Unregulated Agreements 

For unregulated Contract Hire agreements (Limited Companies, Limited Liability Partnerships (LLP) and Partnerships with more than four partners) that are cancelled following the “acceptance” of an order, Silverstone Fleet Management's will charge £600 inc vat in addition to our processing fee of £358 inc vat. No calling off period is required.

Exercising Your Right To Cancel

If you wish to exercise your right to cancel, you must notify Silverstone Leasing of your decision to cancel the contract by a clear statement in writing by post or via email to:

Silverstone Leasing

Office 5

The Old Hay Barn

Preston Lodge Court

Preston Deanery




You must include details of your full name, address, and details of the order you wish to cancel. Please note, by exercising your right to cancel, you are withdrawing from the brokerage contract and the contract is terminated.

If you have any further questions about our cancellation policy, please call us on 01604 978480

Silverstone Leasing is a trading name of Silverstone Corporation Limited. Silverstone Corporation is a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 674485 | BVRLA member 1918