Does the lease transfer process usually take long?
It is all based on a scale which is dependant on a number of factors. Firstly Finance/Leasing Company the factors here are how long can they complete the process, some a few days others a week, credit approval some 24 hours others 48 hours, compiling and processing the required documents this generally takes 2 to 4 working days. You now, under a new legislation by the FSA (Financial Services Authority), have what is called a cooling off period of 14 days which starts the day the signed documents are received at the Finance/Leasing Company.
