Veste

Upheld: PCP / HP mis-selling complaint against LEASYS UK LTD

Financial Ombudsman decision DRN-5970226 of 2025-11-26T00:00:00+00:00. PCP / HP mis-selling complaint against LEASYS UK LTD. Outcome: Upheld.

Decision detail

ReferenceDRN-5970226
Decision date2025-11-26T00:00:00+00:00
FirmLEASYS UK LTD
ProductMotor finance (PCP / HP)
Claim typePCP / HP mis-selling
OutcomeUpheld
RemedyWaive the £1,200 service charge. If already paid by Mr M, refund the charge with 8% simple interest per year from the date of payment until the date of settlement.

Summary

Mr M leased a car from Leasys from March 2022 to February 2025 under a Personal Contract Hire agreement. Upon return, Leasys charged £1,200 for missing service history, despite Mr M providing digital evidence of completed services two days after inspection. Leasys initially agreed the charge was unfair but proposed reducing it to £600 due to one delayed service. The ombudsman upheld the complaint, finding that Leasys should have accepted the evidence and that the delayed service charge was unfair given the low mileage (5,200 miles) and minimal impact on the vehicle. Leasys was ordered to waive the entire £1,200 charge with 8% interest if already paid.

The Ombudsman's reasoning

The ombudsman agreed with the investigator that Leasys should have accepted Mr M's evidence of completed services. Regarding the delayed first service (three months late), while a late service charge could be justified, the ombudsman found it unfair given the low mileage (5,200 miles) and minimal impact on the vehicle's condition or resale value. The ombudsman considered that some flexibility is reasonable in these circumstances.

How this compares

GroupDecisionsUphold rate
LEASYS UK LTD, all decisions3045%
PCP / HP mis-selling, all decisions2,65420%
Motor finance (PCP / HP), all decisions19,45538%

Source

Read the original decision on the Financial Ombudsman Service website