Southern are an old established traditional finance house, who have traded from their Southampton headquarters since 1957, providing facilities to help private and business customers purchase new and used vehicles.
Southern are the consumer finance division of R. Raphael & Sons plc, one of the oldest independent banking houses in the United Kingdom, established in 1787.
Yes, they are regulated by the Financial Services Authority, like all major banks.
Yes, as a division of the bank and in addition, they are long standing members of The Finance & Leasing Association and operate within their Lending Code, which can be inspected at www.fla.org.uk
Southern are also members of the Consumer Credit Trade Association, a consumer credit body, formed in 1891.
New and used wheelchair adapted vehicles.
Traditional Hire Purchase, where ownership of the vehicle passes to the customer.
No-each application is considered on an individual basis.
You do not need to be in full time employment to apply. Your ability to meet the monthly payments is the most important factor to Southern-they take their role as a responsible lender very seriously and endeavour to structure a financial repayment and term to suit your circumstances.
Southern try to structure the transaction to suit individual circumstances, so please ask re a deposit when seeking a quotation.
Between 12 and 60 months.
Minimum £1000 and there is no maximum amount-this will be linked to the profile of the private, or corporate applicant.
What happens if my DLA award ceases during the term of the agreement?
Nothing, your finance agreement continues, as normal.
No, Southern collect payments from your bank by Direct Debit Order.
Yes. You can either partially, or fully settle the finance agreement at any point.
What happens if my financial affairs are handled by an Appointee (private or corporate) or under a form of Power of Attorney, or Court of Protection arrangement?
Southern can deal with all of these circumstances, without problem.
No. Southern have the ability to transact agreements/take into account multiple allowances, so please ask.
Southern will normally confirm their decision within 24 hours of receiving an application.