You will be asked to provide details of your luxury car, watch or jewellery. At no point will our team do any credit checks. Based on your information, we will provide a provisional quote for a loan against your asset.
With the information you have given us, we will calculate the value and send you a competitive quote.
Depending on the type of item you’re pawning, we can suggest the best ways to deliver it to us. Once received, it will undergo a physical valuation to establish its value. Our provisional offer is subject to condition, so if it isn’t as described, the final offer could differ.
We will always provide the largest possible cash loan based on the real-life condition of your asset. Along with our offer, you will receive a breakdown of how much interest you will need to pay and the monthly repayments that will be required.
When you accept our offer, we must verify your identity and address. We will require a minimum of three documents: passport or driving licence, recent utility bill or bank statement and any documentation relevant to the item used for security – this would include things like a V5 logbook, car paperwork or receipts for watches & jewellery.
Once the paperwork is confirmed, you will sign a loan agreement before receiving your money. You will also be issued a pawn receipt, which you must keep until your loan has been repaid in full.
Repay your loan within the agreed term and your car, watch or jewellery will be returned. If you’re unable to pay the interest or the loan at the end of the contract, your asset will be sold where the proceeds of the sale will be used to satisfy the outstanding balance. Any surplus will be returned to you, you will not be liable for any deficit.
Below you’ll find answers to the questions we get asked the most about applying for a short-term loan.
To comply with anti-money laundering legislation and to help protect our customers and guard against theft and fraud, we need to establish and verify the identity and address of all customers. You will be asked to provide a minimum of three documents: one to confirm identity, such as a passport or driving licence, another to confirm address such as a recent utility bill or bank statement & documentation in respect of the Item used for security such as the V5 Logbook for a Car / paperwork for Watches & Jewellery. We may in some instances require proof of ownership by way of a purchase invoice.
We provide loans against luxury items such as quality watches including Rolex, Cartier, Audermars Piquet, Richard Mille, Omega etc.
Diamond & Gold Jewellery, Motor Vehicles, both modern or vintage, including Rolls Royce, Bentley, Porsche, Mercedes, BMW etc.
Valuables such as Jewellery & Watches are stored in our secured vaults. Motor Vehicles are kept at secure car storage facilities around the UK.
The quickest & easiest way to get an idea of value & how much you may be able to borrow would be to complete our online enquiry form and provide clear photographs of the item(s).
You can also send pictures via our WhatsApp service on 07789 780777. Our team usually respond very quickly to all enquiries.
As a loan we would usually offer up to 65% of trade values.
You will need to repay the original loan amount, plus the interest incurred to complete the agreement.
No, we do not carry out credit checks on Asset Finance / Pawnbroking loans. However, for your peace of mind, we may check items against a stolen goods register.
The agreement is a regulated standard Pawnbroking contract for 7 months, with an option to renew.
Yes, you can obtain the items back at any point during the agreed period by settling the loan. If you choose to settle the loan early you would receive an early settlement discount.
At the end of the agreement we would be happy to discuss renewing the loan with you. This would mean that you would have to pay the interest only up to date.
In the event that you are unable to pay the interest or loan at the end of the contract, your asset will be sold. The funds generated from the sale will be used to clear your loan, as well as any interest or costs associated with the sale. Please note: any surplus funds will be returned to you.
Your item will be offered for sale at an auction or by private treaty.
Pawnmy is a trading style of Logbook Lending Limited, registered in England and Wales.Co.Hse. 7409180. Registered Office: 82 Wandsworth Bridge Road, London, SW6 2TF. We trade from: Kinetic Business Centre, Theobald St, Borehamwood, WD6 4PJ.
Logbook Lending Limited is authorised and regulated by the Financial Conduct Authority for Consumer Credit. Our authorisation 673568 can be verified by viewing the FCA Register. We are also registered with the Information Commissioner’s Office under ZA658269 for data protection purposes.