How long can it bring to have my personal app to be processed?

How long can it bring to have my personal app to be processed?

Flow Imperial

  • Management and service characteristics
  • Flow Purple
  • Active Travel
  • Cycle to your workplace scheme

Our company is a member of brand new government’s Period to be hired program, which enables professionals to apply for that loan and this can be always get a bike of recognized shops. At the conclusion of the newest local rental period, you should have the possibility to acquire brand new bike. As financing are deducted thru income lose, you’ll be able to make the most of taxation reliefs and you will a lower rate from Federal Insurance rates, getting average coupons anywhere between twenty-five-39% compared to merchandising prices.

What can I have?

Included in the program, you can every little thing you ought to travel by the bike. This might through the bicycle by itself (as well as age-bikes), attire, pieces, accessories and tyres.

Where ought i shop?

You could prefer to shop of more 2000 stores all over the country, in a choice of-store or on the internet. You can check out the newest Cyclescheme web site for a full variety of stores.

How to incorporate?

Applications are actually open and certainly will be manufactured directly on brand new Cyclescheme web site. If you’d like any help, you could contact

Santander Schedules

The fresh Stage to the office system has longer to include London’s common Santander Schedules! Staff is now able to submit an application for a yearly membership using Santander cycles via paycheck sacrifice, that offers an economy out-of anywhere between twenty-five-39%.

Santander Cycles will let you pick-up and you will shed-out-of cycles off numerous locations doing London area, with an annual registration if you limitless usage of journeys below half-hour. Find out about registration into the TfL webpages. Software can be made right on brand new Cyclescheme site. There are also out far more with the Years be effective – Santander Schedules Book.

Frequently asked questions

For every single application must be appeared to own qualification earlier normally be recognized. The job is assessed and you may accepted (otherwise refuted or even eligible) within 7 working days.

Do i need to top-right up my personal application to boost the mortgage number?

Unfortuitously you simply can’t do this: one mortgage are going to be stored simultaneously for each staff member, and it’s not possible to alter extent taken out once a loan application is generated. If you need to change the amount you’re trying to get, you will have to terminate your application and work out a new that towards the brand new matter.

For folks who log off using your hire months, the remaining amount owed on your own loan is taken from the last month’s web spend. Years System will then get in touch with your along with your bike get alternatives.

Must i get the second mortgage?

People loan need to be repaid we.elizabeth. the brand new twelve-month hire several months could have been finished just before several other application is made; that isn’t you’ll be able to for multiple on exact same big date. This also function it is not possible buying regarding several additional shops utilizing the same financing, just like the for each loan is employed within you to definitely store just.

Although not, it is possible to enjoys a pattern mortgage and registration away from the latest Santander Duration system at the same time.

Could there be a threshold on the loan amount?

The utmost amount borrowed is ?3,000. This is not you’ll be able to to region-get issues through the scheme and part-pick with your own personal funds, which means this function the latest system can simply be employed to buy bicycles and you will equipment totalling which matter otherwise quicker.

Is the scheme open to college students?

Unfortunately, because of the procedure through which it’s given (income compromise), the scheme is only offered to professionals of the College.

What happens to my Course money if i simply take members of the family log off?

If you take nearest and dearest hop out (maternity, adoption, surrogacy, paternity and/otherwise shared parental log off), the fresh new Years to the office payments create keep while the regular even though you are on full pay (if you find yourself qualified to receive the school plan and therefore entitles in order to 18 days during the full pay). During any statutory and you will/otherwise outstanding hop out periods, the newest Period payments would pause because of it time if you do not returned be effective again on your own normal paycheck.

I am having trouble getting your hands on a motorcycle

We have been aware latest individual demand for bicycles try high. Years Design has actually make particular suggestions so you can to the their site. It’s also possible to contact the bike finder team thru email to possess guidance.

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