Products & services

Discretionary Commission Arrangement (DCA) Complaints
On 11 January 2024, the Financial Conduct Authority (FCA) announced that it’ll be carrying out a review into discretionary commission arrangements within the motor finance industry. For more information, please click here.
Important update: We're back open for business.
Following the UK Court of Appeal judgment on Friday 25th October, we took the decision to pause new business from Monday 28th October while we worked to mitigate the legal implications to protect our dealers, brokers and customers.
We have now made the necessary adjustments to ensure the business can operate within the legal requirements set out in the judgment and are now open for new business in MotoNovo. We do understand the pause to new business created challenges for you, and we thank you for your patience and support while we have been navigating the impact of the judgment.

Motor Finance

We offer finance through our trusted dealer partners all over the UK. So instead of you buying the vehicle outright, we pay the dealership and you make the repayments to us every month until it’s paid off. Find out more about our funding options.

MyMotoNovo

Manage your agreement on the go with MyMotoNovo. From updating your personal details to requesting a settlement figure, everything you need is at your fingertips.

Aldermore Bank

We’re part of the Aldermore Group which includes Aldermore Bank. They offer a range of specialist mortgages, savings products and business finance solutions.

Got a question?

From settlement figures to making a payment, head to our FAQs to find the answers to our most commonly asked questions.

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Products & services

Motor Finance

MyMotoNovo

Aldermore Bank

Got a question?

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