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How to Pawn my Luxury Watch?

January 15th, 2020
pawn my luxury watch

When it comes to raising instant cash for your watch, two of the common and more convenient options are to sell your watch or pawn your luxury watches.

A luxury watch works more than a mere time-telling device that typically retains a higher resale value with time. Now:

Whether you want to pawn your watch or sell it outjustify, the choice will significantly depend on how much emotional value your asset holds or how much you wish to raise.

Does your watch hold much sentimental value? Are you looking for a short-term credit option?

If yes, then deciding on to pawn your watch and getting a secure collateral loan from any trusted pawnbrokers in London or anywhere in the UK is ideally a more viable option for you.

Your pawnbroker will hold your luxury asset temporarily. Once you pay back the original loan amount and the interest due, you will get back your item.

So, the first question that may come to your mind is “where can I pawn my watch?”

pawn your watch

The Luxury Hut offers a quick and secure way to pawn a luxury watch and get an instant cash loan.

We provide loan against watches of elite brands like Rolex, Omega, Breitling, Audemars Piguet and many others.

A few advantages to pawning your timepiece at a high-end pawn shop watches like The Luxury Hut, include:

  • Instant Free Valuation
  • A fair and competitive cash loan offer
  • No obligations or credit checks
  • A quick, straightforward and transparent loan process
  • Complete security of your watch
  • No early redemption fees.

Pawning a watch with the professional pawnbrokers at The Luxury Hut is simple, secure, and straightforward.

  • Fill up our online form – providing all the details of your luxury watch as much as possible, including its brand, model, age, condition, and box and papers.
  • More significantly, attach high-resolution pictures of your asset.
  • Get a free valuation shortly
  • We will determine your watch’s value based on its current market price and all essential aspects.
  • Send us your watch for a more detailed assessment via a specialised and insured delivery envelope that we may arrange for you.
  • Or call us on 0207 242 5411 to book an appointment and visit our office in Hatton Garden, London with your watch.
  • Accept our final offer and sign the pledge receipt
  • Get paid INSTANTLY.

pawnbroking loan

The maximum loan tenure is usually six to seven months. You will not have to pay any monthly charges until the contract ends.

We charge only the interest for the loan months you borrow for. For example, if you borrow cash for one month, you will have to pay interest at the end of month one when retrieving your asset and so on.

However, customers can pay off the loan any time within the contract period, paying back the loan amount along with its interest due.

You can rest assured that your collateral will be stored safely in our secure vaults within the contractual period.

Moreover, The Luxury Hut typically provides 14days cooling off time after a loan term expires. Customers have to draw out the agreement within this time, paying the interest for the loan term.

However, if you fail to redeem your collateral within this time, we may also help you to renew your loan, getting you a new contract.

Thus, pawn luxury watches with us at The Luxury Hut with full confidence.

Call us now on 0207 242 5411 for an immediate appraisal over the phone. Or fill up our online form today and get the most competitive quote for your luxury watch.

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