Pawnbroker Loans
Unlock funding with a trusted pawn shop loan today
Pawnbroker Loans
Unlock funding with a trusted pawn shop loan today
Pawn Shop Loans For Clients Across the UK
We are a high-end pawn shop specialising in offering instant loans against watches, jewellery, diamonds, gold, fine art, antiques, classic and luxury cars, handbags, rare books, and other luxury items.
Free expert valuation
No credit checks
Trusted for over 250 years
£300m provided in finance
UK wide service
Three London showrooms
No early redemption fees
Interest payable at redemption
Redeem the loan at anytime
Get a Free Quote NOW
0800 038 9839How Do Pawn Shops Work
1
Value
When we lend against your assets, whether it be a Rolex watch or a Tiffany single stone diamond set ring. We follow one of these paths;
- Submit an online enquiry form, including all the information that you have and we will respond to you by phone or email
- Visit us in one of our London stores
- Call us on 08000 389 839
We will then provide you with an accurate valuation based on the information that you provide.
2
Confirm
If the estimated loan value is accepted, the next stage is to bring or send in your items so they can be assessed in person. Most pieces of jewellery or watches can be valued while you wait or within 1 hour of receiving your item(s). For items such as fine art, antiques and luxury and classic cars, the process may take up to 72 hours.
3
Account
Setup
If you are a new customer, we will have to set you up with an account once you have accepted the loan offer. We require two forms of identification for this:
- Photo ID such as a passport or drivers licence
- Proof of address such as bank statement or utility bill less than 3 months old
This is a statutory part of the process and will be completed in approximately 10 minutes.
4
Contract
Our loan contracts are for six months. The agreements are regulated by the Consumer Credit Act and we are regulated by the Financial Conduct Authority. The goods held under a contract can be redeemed at any time within the term of the contract, with only the interest which had been accrued to the time of redemption payable.
5
Funds
We release funds the same day via bank transfer.
In order to protect both the pawnbroker and the client, the loan is supported by a pre-contract information sheet. This information sheet clearly sets out the terms and conditions of the loan so that you can take time to make sure you understand the process and are happy to proceed with the loan. Don’t worry if you have second thoughts in the first 14 days of the loan. A cooling-off period allows you to withdraw from your contract.
6
Repayment
When your contract comes to an end, you settle your loan with us, and then redeem your item. Don’t forget, you can do this at any time during the six-month loan period. If you reach the end of your contract and are unable to settle your account and redeem your secured item, we will then take care of your account by using your secured item to recover the loan. There will be an opportunity to extend the loan period at the end of the initial six-month period. Simply settle the outstanding interest accrued on your account, and the loan can be extended.
Why Us Vs Another Pawnbroker
- Higher loan amounts – Unlock more value from your luxury assets
- Expert valuations – Assessed on true worth, not just gold weight
- Lower interest rates – More competitive than the UK’s largest pawn shop
- FCA regulated – Safe, secure, and trustworthy
- Proven track record – Over £300m provided in luxury asset finance
- Strong backing – Backed by an institutional asset manager
- Discreet & confidential – Private transactions with no credit checks
RECENT LOAN EXAMPLES
Rolex Datejust
36mm Steel Rolex Datejust With a Black Baton Dial & Steel Bracelet
BEST PAWN SHOP IN CENTRAL LONDON
Looking for ‘pawn shop loans’ or seeking out a pawnbroker in London that you can trust? We are luxury London pawnbrokers since 1770, and have three pawn shops across London. Visit one of our London pawn shops today or book an appointment with our valuation specialists.
Our Pawn Shop Interest Rates
| Loan Amount | Monthly Interest Rate | APR % (Annual Percentage Rate) |
|---|---|---|
| £500 – £4999 | 6.5% | 93.21% |
| £5,000 – £14,999 | 6.0% | 84.96% |
| £15,000 – £49,999 | 5.0% | 69.00% |
| £50,000+ | 4.0% | 53.76% |
Why Use a High End Pawnbroker
Short Term Liquidity
To pay expenses like bills, school fees, holidays, or divorce proceedings.
Business Funding
To pay tax bills, purchase stock, pay suppliers, or fund new opportunities.
Acquisition Finance
Leverage existing luxury assets, like a luxury watch, to acquire new pieces.
Property Transactions
To fund renovations or secure bridge loans for buying or selling property.
transact from Home & In Store
We welcome you to visit any of our secure and private London stores. We recommend booking an appointment to ensure a prompt service. If you're short on time, you can drop off your items, and we can sort the rest remotely.
If you don’t live or work locally, you can use our free, fully insured (up to £20,000) special delivery courier service. Send safely today, received tomorrow, payment to you - all in 72 hours.
FREQUENTLY ASKED QUESTIONS
What is the meaning of a pawnbroker?
A pawnbroker is a licensed lender and retailer who provides short term loans secured against personal property, buys items outright from clients, and offers a range of retail goods for sale.
Is my pawnbroking transaction with you private?
You can rely on our discretion. Confidentiality, integrity and trust are all extremely important factors to us.
What is a pawnbroking loan?
Pawnbroking is a straightforward form of credit, a six month collateralised loan that provides a safe and efficient way to unlock capital from your luxury valuables.
What is a pawn pledge?
A pawn pledge is an item of value you leave with a pawnbroker as security for a loan. It remains your property throughout the loan term and is returned to the borrower once the loan is repaid.
What is the meaning of a luxury pawn shop?
As high end pawnbrokers, we specialise in providing asset-backed loans secured against luxury assets above £500. These often include Rolex watches, Cartier jewellery, and Hermes handbags.
Are pawn shops worth it?
Yes, if you own high value luxury goods and need quick liquidity. Pawn shops provide an excellent way to raise substantial funds without affecting your credit profile. Where else can you raise up to £2 million in less than 24 hours?
What is Million Pound Pawn?
This is an ITV series that shares the stories of people with extraordinary assets who turn to pawnbrokers for valuations on their luxury assets. ITV’s ‘Million Pound Pawn’ took viewers behind the scenes at Suttons and Robertsons.
Are pawn shops regulated by the FCA?
Yes, pawnbroking is a legal and regulated financial service. Suttons and Robertsons is regulated by the Financial Conduct Authority in the UK.
How much can you pawn an item for?
We offer loans from £500 to £2 million, based on a percentage of your luxury item’s value, known as the loan-to-value (LTV) ratio. For example, if you have a Rolex watch with a resale value of £10,000, you could borrow £5,000 to £7,000.
How much do pawn shops pay?
Pawn shops typically lend a percentage of an item’s resale value. If you’re looking to sell your luxury goods outright, you would normally receive a slightly higher amount than borrowing against them.
How do pawn shops determine value?
We base valuations on the market resale value, condition, brand, rarity, and demand and offer a percentage of the value as a loan offer, usually between 50% and 75%.
What percentage does a pawn shop give you?
If you are wondering, ‘Do pawn shops give good money?’, Pawn shops typically offer a loan based on a percentage of an asset’s resale value, which varies depending on the type of asset. For example, we provide higher LTVs on gold than on fine art. Across all our pawnbroking loans, we offer between 50% and 75% LTV.
Is pawning worth it?
Yes, if you own high value assets and want to access cash quickly without selling them or affecting your credit score.
Are pawn shops safe?
Yes. Your items are securely stored in our vaults and professionally cared for whilst they are in our possession.
Do pawn shops take physical possession of the item?
Yes, the pawn shop looks after the asset as collateral for the duration of the loan.
What do I need to pawn an item?
Bringing the luxury asset, along with any original receipts, paperwork, and packaging, helps support its valuation and may enable us to offer a higher loan amount. Please also bring the personal document outlined below.
What documents do you need for a pawn loan?
We require a valid photo ID, recent proof of address, and a bank statement or bank card, along with the asset information outlined above.
Can I pawn without ID?
No. By law, pawnbrokers require valid ID and proof of address to complete a loan transaction.
Can I pay a pawn loan with a credit card?
No. You cannot use a credit card to repay a pawn loan, as this would be paying credit with credit. Payments are usually made by bank transfer or debit card.
Can I pay my pawn loan online?
Yes. We accept online bank transfers for repayment remotely and bank card payments in-store only. Please contact the branch to discuss online repayment options.
Do pawn shops take payments?
Pawn loans are generally repaid (including the loan principle and accrued interest) in one lump sum. However, partial redemptions and renewals can be discussed with the branch.
Can you pawn more than one item at a time?
Yes, you can pledge multiple assets for one or more loans, provided you own the luxury items outright.
Are pawn shops good places to buy?
Yes. Many pawn shops sell pre-owned luxury items at competitive prices, often 30% to 70% below RRP, including discontinued pieces not available from retailers.
What items are accepted as collateral for a pawn loan?
- We accept a wide range of luxury assets as collateral for loans, including but not limited to:
- Fine jewellery (gold, platinum, diamond jewellery, antique pieces)
- Luxury watches (Rolex, Patek Philippe, Audemars Piguet and more)
- Gold jewellery, coins and bullion
- Designer handbags from brands such as Hermès and Chanel
- Fine art from artists such as Andy Warhol and Picasso
Can I get a pawn shop loan with no collateral?
A pawn loan is always secured against the value of an asset such as jewellery. Without collateral, a pawn shop cannot lend.
Do you have a draft pawn contract agreement?
Yes, we do. Please take a look at our draft pawn agreement. If you’re not local to one of our stores, we can send the contract to you digitally for electronic signing.
Do pawn shops check if items are stolen?
Yes. Pawnbrokers conduct thorough checks on all luxury items for lost and stolen items wherever possible.
Do you have a pawn loan calculator?
We don’t currently have a pawn loan calculator on our website, but we use an internal one to calculate loans. You can view our interest rates and a representative example on this page or get in touch for a free loan quote.
Do you offer buy back loans?
We do not offer buy back loans. Instead, we offer pawnbroker loans, which function in a very similar manner. You receive a cash loan secured against your asset, with the ability to redeem it once the loan and interest are repaid.
What happens if you don’t pay back a pawn loan?
If you’re unable to repay your pawn loan, your item will be sold to cover the outstanding balance through a fair and transparent process. We’ll always do our best to support you and explore options to help with repayment. If we have to sell your item(s), any surplus will be returned to you, and if there is a shortfall, we will cover the difference. This is a common misconception with pawnbroking.
How long do you have to pay a pawn loan?
With our standard six month pledge agreement, you can redeem your pledge at any time, provided you repay all the principal loan amount and accrued interest to that point. After this period, if the loan remains overdue and unredeemed, the item may be sold.
How long do pawn loans last?
How long can I pawn something? Our standard loan term is 6 months, but you can repay and redeem your items at any time within that period. There is also a 14 day cooling off period at the start of the loan. It may be possible to renew the loan for a further 6 months.
What is the difference between pawn and loan?
Pawn and loan mean the same thing. At a pawnbroker, you can either sell your item outright or pawn your item (take a loan against it).
How to get a loan from a pawn shop?
Getting a pawn shop loan is simple: bring your item to us, and we’ll assess its value. We then agree on the pawn loan terms, and the loan is issued to you. The process can usually be completed the same day, in-store, and usually within 48 to 72 hours if you use our home collection service.
Can someone else pick up my pawn loan?
Yes, someone else can pick up your pawn loan, provided it is arranged in advance in writing with our team. The person collecting will need to bring a valid form of identification.
Can someone else pawn an item on my behalf?
The item must belong to the borrower. In certain cases, we may accept items with the permission of a family member who owns them. To ensure the transaction is secure and compliant, we may ask for proof of ownership (such as a receipt), along with valid ID and proof of address from the applicant.
How do I repay my pawn loan?
Contact the branch where you arranged your loan. Repayments can be made by bank transfer, remotely, or in person at the branch by debit card.
How soon can I collect my item after repayment?
You can usually collect your item the same day. Please arrange a collection time with the branch team, or you can walk into our store to collect your item, but you may have to wait for someone to be available to help you.
Do I have to pay the loan back in one lump sum?
Pawn loans are typically repaid in a single lump sum. However, you may be able to reduce your balance by redeeming early and taking out a new loan. Please contact the branch to determine what options are available.
Can I pay back my pawn loan early?
If you have taken out a pawn shop loan, you will likely have set a loan period of 6 months. You can repay your pawn loan early with us. If you repay after 3 months, you will only pay the accrued interest to that point.
Can you extend a pawn loan?
Typically, your loan agreement period will be set for six months. Full payment in return for your asset is expected by the end of the loan period. However, if you find that you are unable to pay back your pawn shop loan within the repayment period, don’t hesitate to contact us to see if you can renew by paying all the accrued interest first.
What happens to my item(s) during a pawn loan?
Our pawn shop loan items are securely locked in our vaults. Our inventory team routinely audits all items while they are in our care.
How do I redeem my pawn pledge?
The asset is held for the duration of the pledge agreement. You need to bring the pledge agreement to repay the money owed, including any accrued interest, to the branch where you made the pledge. We’ll then return the pledged asset to you.
How quickly can I get a pawnbroking loan?
Pawnbroking is a fast and efficient service, with many personal asset loans typically being agreed upon within an hour. Certain items, such as classic cars, artwork and antiques, may require an additional expert valuation; this usually takes two to three days.
Do pawn shop loans affect your credit?
No. Our pawn shop loans do not affect your mortgage eligibility or your credit score. Our loans are secured against the value of your asset and are not reported to credit reference agencies. This means that your mortgage provider will never be aware that you have taken out a pawn loan.
Can you get a pawn loan if you have bad credit history?
Do pawn shops check credit? No. Pawnbrokers do not carry out credit checks. Our loans are secured against the asset you bring in, so we never carry out credit checks. Even if you have bad credit, you can still obtain a pawnbroker loan.
Do pawn shops give loans?
A common question is ‘what is a loan at a pawn shop?’ or ‘do pawn shops let you borrow money? As a pawnbroker, we specialise in providing short term loans secured against collateral such as jewellery, watches, and gold.
Do pawn shops do personal loans?
Some pawnbrokers may offer personal loans, but we only provide secured pawn loans against luxury assets.
Is a pawn loan secured or unsecured?
An FCA-regulated pawn loan is a secured loan. If you cannot repay, the only risk is to the asset you use as collateral. Your home, car, or other assets are never at risk, and your credit profile is unaffected.
How is a pawn shop loan different from a payday or bank loan?
Pawn loans are secured against assets and do not affect your credit file. Payday and bank loans are unsecured, involve credit checks, and may impact your borrowing history. Read our article on Pawn Loans vs Other Short-Term Loans for more details.
What happens if I lose my pawn receipt?
When you take out a pawn shop loan, you will be given a pawn receipt in return for your asset. This will either be digital by email or printed in-store. If you lose or misplace the receipt, you will still be able to redeem your assets. Please get in touch with us to discuss lost receipts.
Our Pawnbroking Loan Rates
Terms
All our loans are for 6 months and are secured against your valuables. Maximum APR (including all fees): 93.21%. Minimum and maximum repayment term of 6 months. These loans are redeemable at any point during the loan period. Only the loan amount and accrued monthly interest are payable if the loan is redeemed before the end of the loan term.
REPRESENTATIVE EXAMPLE
Loan amount of £1,000. Loan term of 6 months. Interest rate of 6.5% per month (fixed). Total interest of £390 over 6 months. Total repayable amount in one instalment is £1,390. Representative APR is 93.21% (including all fees).
Risk Warning: If the loan is not repaid, the assets may be sold.