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Category: Pawnbroking

Which luxury watches secure the highest pawn value in 2022?

May 12th, 2022

Luxury watches are primarily for flaunting on your wrist. Yet, recently there has been a steady increase in people who want to buy luxury watches as investments and make a profit later. The world of luxury watches has indeed proved to be beneficial when it comes to investment returns. This option is quite lucrative if you know which models to buy.

high pawn value watches

As the development of the watch industry is on the rise, you can easily expect a hike in your investment return by spending on a variety of luxury watch models. Moreover, the watches can also help you during an unprecedented cash crisis by allowing you to take a quick loan against luxury watches from a reputed pawnbroker.

Are you aware of the watches that can be a valuable asset against a cash loan?

Let’s look at some of the most popular watch brands and models that will secure you financially.

1. ROLEX

Without a doubt, Rolex makes it a point to secure the top position in any investment list. The luxury watch brand has been titled the best investment watch brand in 2022 with rising market demand and appreciating value. We suggest investing in the Rolex Oyster Perpetual 41, which comes with a stunning ‘Stella’ dial to secure a higher pawn value. If you’re a minimalist by heart yet want your wristwatch to make a statement, the Stella Rolex will help you achieve that with its beautiful range of dial colours.

The Oyster Perpetual 41 watches come in yellow, coral red, green, and turquoise and have become a true hype model that will fetch you a satisfactory pawn value when you pawn watches.

Rolex has smashed all traditional notions of following stereotypes by including the Stella range’s colourful accents that perfectly fit today’s watch trend while ensuring an increasing market value.

Also Read: A Comprehensive Guide To ‘Rolex Finance’

2. PATEK PHILIPPE

The Patek Philippe 5711/1A most certainly needs no introduction as we are aware that they are longer in production. Following this news, the demand and exclusivity of this watch have increased tenfold. The Patek Philippe Nautilus, 5711/1A in Green, is a trending model that immediately reacts to its unique design, especially the thinness. Coming in a 40mm case, the green version is one of the most sought-after, with a horizontally imprinted sunburst olive-green dial. The luminous gold hour markers make for a fine contrast against the green hue, which, combined with the steel bracelet, makes the watch undeniably alluring.

The price of the Nautilus will only continue to rise, most specifically because of its unavailability. In such a case, if you manage to get hold of one, the pawnbrokers in London would be more than happy to offer you a loan against the watch.

3. AUDEMARS PIGUET

In a stainless steel version, the Audemars Piguet Royal Oak Jumbo is a no-brainer and is an absolute classic timepiece that the brand has ever created. The past couple of years has only seen increased demand for this particular timepiece. We are talking about the Royal Oak Jumbo Ref. 15202ST, whose price has only exploded. It is one of the best luxury sports watches which you can quickly look and feel in the watch’s well-built design without even wearing it. The octagonal bezel with the distinctive screws is perfectly aligned, and the 39mm case makes it super comfortable to wear.

One of the biggest highlights is the Blue dial with Petite Tapisserie pattern and luminous white gold-applied markers that looks eye-catching. The watch goes with everything and presents an elegant outlook.

4. CARTIER

Over the years, Cartier has released numerous high-end watches that have earned the brand a long trail of admirers and collectors. The Cartier Santos lineup has been in construction for over 100 years and is instantly recognisable for its standout square shape case design. The Santos De Cartier Large variant made of stainless steel is distinctive in the Santos catalogue. The watch has a fairly sleek profile with a skeleton dial, blue sword-shaped steel hands and Roman numerals in black. You can get an exceptional view of the movement with an open case back.

Collectors have always chosen the Santos watch because it greatly upholds the brand’s history, success, and determination to curate the best jewellery watch designs. You can pick from both the quartz and automatic versions based on your preference.

5. VACHERON CONSTANTIN

Vacheron Constantin is a readily available alternative to the AP and Patek Philippe models. The VC Overseas Ref. 4500V is only increasing in popularity for its proximity to the other two watch brands. The Ref. 4500V steel watch is ideally suited for active lifestyles, and VC constructed the watch design as a tribute to the spirit of travel. It is slim, and the unique tonneau-shaped case makes the timepiece easily recognisable. The clean dial with baton hour markers and a notched round bezel makes it look sporty yet considerably stylish.

One of the most striking features of the Vacheron Constantin Overseas Ref. 4500V is the complex bracelet design with unusual hexagonal centre links that fit comfortably on the wrist. You can get the design in a 37mm, 25mm, and 34mm case.

The Vacheron Constantin Overseas watch is a slightly unconventional model in demand. With its long-standing successful graph, it is safe to assume that the popularity of this watch will only increase in the future.

6. JAEGER-LECOULTRE

Jaeger-LeCoultre is a venerable watchmaker of complicated movements. In 2020, the brand released a clever timepiece that hosts interesting technical complications. Ref. Q4138420 is the first JLC model to combine a full calendar (month, day, date) with a moon phase indicator. To enable this functionality, the brand developed a new movement, JLC759. The stylish and classic Master Control Chronograph has a 40mm round case, rectangular pushers at 2 & 4 o’clock, 4 correctors on the case band, and numerous other functionalities controlled via the crown.

Additionally, with its slim bezel and silver, sunray-finished dial, the JLC Ref. Q4138420 combines true yet understated elegance, showing deep respect for tradition while exploring the latest watch innovations.

7. OMEGA SPEEDMASTER

The Omega Speedmaster always holds its value well, and in this case, the basic is the best. The Speedmaster Professional is the flagship Omega model, commonly known as the ‘Moonwatch’. The Ref. 311.92.44.51.01.003 has a sleek, all-black sporty look that signifies the Moon’s ‘Dark Side’. Furthermore, it reflects the brand’s bold style and forward-thinking watchmaking.

The black zirconium oxide ceramic dial with two sub-dials at 3 & 9 o’clock, striking white gold Moonwatch-style hands, and a polished ceramic bezel look unique.

One of the most easily identifiable features of the Ref. Ref. 311.92.44.51.01.003 is the chromium nitride tachymeter scale that immediately captivates attention. The deep black material looks lustrous. Such intense use of ceramics with other extraordinary features makes the watch a standout.

Every watch enthusiast who knows about the industry is keen on collecting this remarkable timepiece, making it an even better bet to invest in.

8. BREITLING

There’s hardly any watch fanatic who hasn’t taken an interest in the Breitling Navitimer Ref. 806 1959 Re-Edition, a limited edition timepiece. The model comes in a 41mm case and looks much similar to the Navitimer in 1952 with a steel case. The watch blends practical convenience with aesthetic case-making to give a fantastic result. The watch has an excellent design with three chronograph sub-dials, a slide-rule mobile scale and dial rings, and a bi-directional bezel. The scale of the Navitimer allows the pilots to calculate the fuel consumption and the airspeed. All these features make the iconic Breitling timepiece one of the best pilots watches made with a 70-hour power reserve.

The Breitling Navitimer Ref. 806 1959 Re-Edition watch is an exact recreation of the original. The only difference is that the brand has used Super-LumiNova instead of radium. The all-black dial is highly legible and looks unequivocally attractive while displaying a lot of information. Only 1959 pieces of this timepiece are available, making it even more worth investing in. The watch will surely secure a high value in the coming years.

CONCLUSION

Above, we have presented the watches that will secure you a high loan value. While the hype on the common brands continues, many collectors and enthusiasts will opt for the other unconventional brand names listed above. All the watches mentioned above qualify aesthetically and will be worth it when you need some financial help. Instead of outright selling, you can take loans on fine watches to generate quick cash.

At The Luxury Hut, the watch specialists offer INSTANT cash loans for any watch brands mentioned above. Start by filling in the online form to get a FREE quote and an immediate cash loan. The process is safe, secure, quick, and convenient to ensure 100% customer satisfaction. As one of the leading pawnbrokers in London, the experts aim to offer your luxury watch the best possible loan value at the earliest.

Also Read: Top 5 Watches with the Greatest Pawn Value

Comprehensive guide to getting an ‘INSTANT’ loan on luxury assets

April 27th, 2022

‘Loan’ is a term that often gets a bad blow. But when you think responsibly, it is something that can indeed help you manage your financial crisis. If you’re asset rich but cash poor, an easy and feasible option to get quick cash is simply taking a loan against one or more of your luxury assets. Unlike traditional loan options that typically included only cars, homes and properties. Today, you can easily take a loan against watches, a loan on jewellery, and a diamond loan as well.

instant loan on luxury assets

Curious about how and where to avail of such interesting facilities? Suppose you need some quick cash for any luxury assets like luxury watches, including Rolex, Cartier, Patek Philippe, Audemars Piguet, and others or against exquisite gold or diamond jewellery. In that case, we have the perfect solution for you. Visiting a pawn shop might be a good idea.

Do you know any reputed pawn shops in the UK already? If not, rely on the expertise of the professionals at The Luxury Hut.

LOAN ON FINE WATCHES WITH THE LUXURY HUT

Do you own a luxury watch and are looking for a loan against Rolex or Audemars Piguet, Cartier or Patek Philipe? If yes, then get in touch with the officials at The Luxury Hut today. As established and trustworthy pawnbrokers in London, they offer a fast and simple route to a short-term, fully secured loan against luxury watches.

This way, you can easily use your high-value asset as a security for the loan. The process is simple, and all you have to do is fill in an online form to get a FREE Instant Quote!

Pawn your luxury watch in four simple steps:

1. Fill in the Form

Start by filling in an easy online form by providing as many details about your luxury watch. This includes the brand, model, age, condition, documents (box & papers, if any) etc.

2. Get a FREE Quote

You’ll receive an initial FREE quote for your watch.

3. Send Your Watch

Send them your watch if you’re satisfied with the initial loan quote. Get a Contact-Free Home collection and a pre-paid shipping label to do the same.

4. Get INSTANT Cash

The in-house specialists will carefully assess various factors to determine the final loan amount. Accept the offer and get an INSTANT cash loan for your luxury asset.

Be it online or via appointment to their Hatton Garden office in London, the officials at The Luxury Hut ensure to make the process of availing a loan for watches simple, comfortable, and direct.

You might want to keep your options open and visit every other pawnbroker to find an estimate. But trust the expertise of The Luxury Hut’s officials, who, with over 40 years of combined experience in the pawnbroking industry, offer the highest possible loan amount along with various additional benefits.

Do you have a Rolex and wondering ‘how to take a loan on a Rolex watch’? You’ll be glad to hear that Rolex watches have a high pawn value, and you can confidently get a loan against Rolex watches.

LOAN ON ROLEX WATCHES

Rolex is one of the most desirable luxury watches in the luxury watch industry and enjoys great attention in the pawnbroking market. Visit the experts at The Luxury Hut to take a quick cash loan against Rolex. As reliable pawnbrokers, they constantly monitor the Rolex price graph to appraise any Rolex model accurately.

Not to worry, as the professionals are known to offer the best possible amount for any Rolex model. You need to fill in the online form to get an initial instant quote for your Rolex.

If you’re new to the process, follow the below-mentioned steps to get a quick loan.

1. Fill in the Form

Start by filling in an online form and provide as many details as possible about your Rolex, including the model, age, condition, papers, and others, to get a quote.

2. Get FREE Quote

You’ll receive an instant FREE loan quote for your Rolex watch.

3. Send your Rolex

If you’re happy with the initial loan offer, send them your Rolex. Get a Contact-Free Home collection along with a pre-paid shipping label.

4. Get Paid

The expert evaluators will assess your Rolex watch based on various factors to determine the exact value and offer the final loan amount. Agree and get INSTANT Cash!

You can also call them on 0207 242 9160 and book an appointment to visit them to take a loan in person.

Do you want to pawn a Cartier, Patek Phillipe, Audemars Piguet or Vacheron Constantin watch? Follow the same process to get a loan against your luxury watch.

Wait a minute; we would like to address another most-asked question.

Can you get a loan on Rolex without papers?

Yes! At The Luxury Hut, we understand that sometimes you can accidentally lose the documents and might even throw them. Therefore, we accept all Rolex watches without the box or papers. Irrespective of the model, a typical Rolex commands a hefty value based on its condition, quality, rarity, age and other factors.

Our experts will consider all the said factors to determine the accurate value for your Rolex watch and offer an INSTANT loan on it.

GET A GOLD JEWELLERY LOAN

Need cash without having to sell your gold ornaments? Why not take a loan on gold jewellery? There are times when you need cash for a short-term purpose but sell your gold assets to fetch the price. This is merely due to a lack of proper knowledge.

Pawn your gold item to meet your immediate cash requirements. As trusted gold pawnbrokers in London, The Luxury Hut officials assure to make the process of taking a gold jewellery loan easy and fast! There is no unnecessary messing and hassle; you can safely pawn your gold jewellery for the best value, be it a ring, earring, necklace, or any other item.

The experts accurately carry out the gold assessment and appraisal process based on the current market value to ensure that you get the highest possible loan amount for your gold. Whether your gold item is tangled or broken, remember that gold is always valuable and that you can always get a loan on it.

Pawn your gold in four easy steps:

1. Fill in the Form

Fill in the online form and provide as many details about your gold jewellery to get an initial loan quote.

2. Get FREE Quote

Receive an initial FREE loan quote for your gold item.

3. Send your Gold Item

If you’re satisfied with the initial offer, send them your gold item for the final assessment. Get a Contact-Free Home collection along with a pre-paid shipping label.

4. Get paid INSTANTLY!

Once the evaluators examine your gold item, they will offer a final loan quote. Accept the offer and get paid INSTANTLY!

However, if you want to visit them in person, call 0207 242 9160 to book an appointment at their Hatton Garden office in London.

Related: A Comprehensive Guide To ‘Rolex Finance’

GET A CASH LOAN FOR JEWELLERY WITH THE LUXURY HUT

Did you know that your high-value gems or jewellery can be the solution to your short-term or instant cash needs? Instead of selling them once and for all, taking a loan on jewellery will enable you to keep possession of them. That sounds like a good idea, isn’t it?

We understand the kind of attachment you might have with your valuable jewellery and hence, want you to get the best loan amount without risking any inch of it.

Get in touch with The Luxury Hut jewellery pawnbrokers, who have served hundreds of customers with their highly reliable and trustworthy jewellery pawnbroking service. Whether you want to loan on diamonds, engagement rings, or any other exquisite jewellery item, the skilled pawnbrokers will offer the best possible value for your cherished asset.

And, guess what, you can take the loan without any Credit Checks! Accept the loan offer, sign the pledge receipt, and get INSTANT CASH! It is easy, hassle-free and convenient.

Let’s jump to the loan process, shall we?

Follow 4 simple steps to get a loan on your jewellery item.

1. Fill in the Form

Fill in the easy online form and provide as many details about your jewellery item, including high-resolution photos.

2. Get FREE Quote

Receive an initial loan quote for your asset.

3. Send your Jewellery

Send them your jewellery for a final evaluation. Get a Contact-Free Home collection along with a pre-paid shipping label.

4. Get CASH

The expert evaluators will assess your jewellery item and determine the accurate price. Accept the final loan offer and get your cash INSTANTLY!

Alternatively, if you feel unsure about the whole online process, call them on 0207 242 9160 to book an appointment at their Hatton Garden office to get a cash loan on the spot!

LOAN ON DIAMONDS

We often search online for the best place to get loans on jewellery near me and get exposed to thousands of options. But how do you rely on them to pawn your most-loved asset? If you have a fine diamond ring and wondering how much you can pawn for it, it is always advisable to rely on pawnbrokers with years of experience, knowledge, and expertise to get a loan.

They will consider your diamond jewellery’s carat, cut, colour, and clarity to determine the best pawn value for your item. After all, it is not always about the money but the peace of mind you get while pawning your valuable asset with a pawn shop.

Why choose The Luxury Hut To Loan for Luxury Assets?

Whether it is a loan on watches or a loan on jewellery, there’s a reason why The Luxury Hut is a popular name in the pawnbroking industry. The expert evaluators remain well-informed with the changing market trends and prices to offer the best value when you take a loan on fine watches or jewellery.

Additionally, there are no credit checks for both watches and jewellery items. You have to sign a pledge receipt, present an ID proof to enter the agreement, and get the cash without any obligations!

Few additional benefits include:

  • Free Valuation of your Jewellery or Luxury Watch
  • INSTANT Cash loan for jewellery & watches
  • No Credit Checks
  • No Hidden Fees/ Early Retrieval Charges
  • Payment with No Obligation
  • Contact-Free Home collection
  • Complete Security of the Luxury Asset
  • Fully Transparent Loan Process

Four things hold utmost importance when you’re looking to pawn your asset.

  • Experience
  • Trustworthiness
  • Competitive Price
  • Instant CASH Payment

As one of the leading pawnbrokers in London, the experts at The Luxury Hut check off all the requirements to become a reliable pawnbroking company in the UK.

Furthermore, the ‘Loan Terms’ stated are convenient and don’t push one too much.

LOAN TERMS

  • There are no monthly charges until the loan term ends, and there is a single payment at the end of the loan period.
  • The maximum loan tenure is 6-7 months.
  • Pay interest only for the loan months you borrow for.
  • You can pay back the loan whenever you want within the loan period by simply paying off the loan value and the due interest.
  • No early retrieval fee or Additional charges.
  • Your asset is kept safely in a vault during the loan term.

Human life is uncertain, and there might always come a time when you need to arrange for some quick cash. Take advantage of your luxury watch, valuable jewellery, or gold items to get quick and short-term loans. This way, you do not have to sell them and can always take possession of the asset later.

However, finding a reliable pawnbroker is equally important to ensure complete peace of mind. The Luxury Hut pawnbrokers will cater to your requirements wholeheartedly and work with utmost dedication when dealing with the loan process.

Their excellent appraisal skills and understanding of the pawnbroking industry set them apart. So, if you wish to determine the pawn value for your luxury watch or diamond or gold jewellery, enquire online or call them on 0207 242 9160 to book an appointment today!

Also Read: The Real Facts to know about Pawnshop Loans

Top 5 Watches with the Greatest Pawn Value

October 27th, 2021

For those who are unaware, Pawnbroking has been on the scene for a very long time. But it is equally true that recent years have seen a steady surge in the world of Pawnbroking. Wondering why?

Well, today, people are in search of ways to earn quick money or make a short-term investment. Therefore, what better than unlocking the monetary value of their assets like expensive watches, jewellery, or even fine art!

Top 5 Watches in 2021

The pawnbroker sign is primarily visible on the high street, and it signifies a place where the customers can quickly get collateral loans against their valuable items. When looking online to find a trustworthy place, you might come across numerous options. Multiple companies are promising to offer you the best prices in the market. But is it so?

Over the years, The Luxury Hut has established itself as an efficient and trustworthy name in the world of Pawnbroking. The experts offer loan against watches and jewellery at the best possible market value.

Also Read: The Real Facts to know about Pawnshop Loans

Why is Watch Pawning rising in popularity?

In current times, people have been more attracted to luxury watches. Be it for their beauty, functionality, or history; the watch industry has spotted a significant rise in popularity. Several investors are making quick money by selling and buying watches, mainly at the high-end auctions.

If you have a high-end watch, you have a source of collateral for drawing quick loans. When looking to raise funds, one of the most obvious questions is whether to sell or pawn. The choice you make depends on two key factors:

  • How much money do you need
  • How much sentimental value it holds

Hence, contemplating pawning or selling, you must make an informed decision.

Why Pawning could be the best option for you?

Top 5 reasons are:

1. Not a Traditional Sell

Try and think pawning your watch as a type of loan rather than a typical sell. When you bring your valuable product, for example, a watch, to a pawn shop, they will access the value of your item. However, it would be best if you took it to a genuine store to avoid complications.

With The Luxury Hut pawnbrokers in London, you can be rest assured to get the best competitive price. Moreover, they ensure to maintain a transparent way of conduct with the customer.

2. Earn It Back

Unlike a traditional sell, the item, in this case, is only temporarily held by the pawnshop. This means you can easily claim it back once your need is satisfied. The sooner you can repay the loan, the sooner you get the item back. Of course, you have to pay a minimal interest amount for a couple of months. But that is a much feasible option in comparison to the sentimental value it holds.

At the Luxury Hut, the interest rate varies from 4%-6% per month.

For instance, you borrow a loan of £6000 for 3 months

  • Total interest for 3 months -£900
  • Total repayment amount – £6900
  • Monthly Interest – 5.0%
  • APR 79.6%

Now, for instance, you borrowed a loan of £500 for 1 month

  • Total interest for 1 month – £30
  • Total repayment – £530
  • Monthly Interest – 6%
  • APR 101.22%

3. Receive Best Offers

One of the best reasons to visit a pawnbroker for pawning your watch is that you will receive a more competitive offer. The professionals access the value accurately. Moreover, since they are well-versed with the current secondhand market scenario, they will make you strong offers on your luxury watch.

4. No Financial Stress

Do you want to get into all the financial stress of loans and banks? If the answer is no, then you probably already know the next best option! Not just that, at The Luxury Hut, the pawnbrokers do not carry out any credit check before lending you the money.

You can quickly contact the expert pawnbrokers at The Luxury Hut where they have laid out a simple process to make the process easy flowing.

The 3 steps include:

  • Fill an online form
  • Receive INSTANT free quote
  • Free watch valuation

5. FCA (Financial Conduct Authority) Regulated

The pawnbrokers in London need to abide by the rules of conduct stated by the FCA. As per the rules, the customers who enter into a pawn loan agreement get entitled to a 14 days extended period. In this case, if they change their mind or deny the contract within 14 days, they are charged with no amount.

The Luxury Hut is regulated and authorised by the Financial Conduct Authority for pawnbroking.

Also Read: High Street Pawnbrokers: A Trusted Lifeline for Many Borrowers

Which watches pawn best?

Are you aware of the value of the classic watch which you might have just stashed away at your home? Well, there are some particular luxury watch brands whose value may be just more than just a beautiful item to store.

Below listed are Top 5 watches that are a valuable asset to use against pawn.

Rolex

When you think of the most popular and luxurious watch brand, many will automatically quote Rolex. Since they retain a large portion of their retail value, the pawnshops love to buy the Rolex watches. This means that it’s an added advantage if you have a Rolex watch.

Due to their high-quality manufacturing, expert craftsmanship, and stature, these expensive watches can act best to give you short-term security during financial needs. However, some specific models will reach a higher loan price than the rest, such as the Rolex Submariner, Rolex GMT, and Daytona. If you own a Rolex model in excellent condition, expect to receive a decent sum of the amount why you need it the most!

Audemars Piguet

If you were unsure whether or not you can pawn your valuable Audemars Piguet watch, be rest assured that the very name suggests class and incredible luxury. This luxurious watch brand tags itself as one of the biggest names in the watch industry. The older models of this brand are growing in popularity and demonstrate a notable ability to retain their worth. Hence, they make an excellent option for loans.

Guess what? Today more and more people are willing to borrow or buy the Audemars Piguet watches to raise quick cash. Also, some specific models indeed are more desirable than others. For instance, the Jules Audemars, Royal Oak, and Millenary collections are sure to be higher.

Cartier

When you think of a Cartier watch piece, you think of luxurious aesthetics, innovative watch engineering, and sophistication. A few older models are growing in popularity, especially those that are more difficult to come by. This is what makes them a popular asset for collateral in asset loans.

A few of the most notable Cartier brands with a higher impact on the market include the Santos, Tank, and Tonneau series. Moreover, the latest version of the Santos (Triple 100) released in 2008 is the first-ever Cartier with a rotating-dial mechanism.

Patek Philippe

If you ever consider pawning your Patek Philippe watch piece, look no further than The Luxury Hut. The watch experts are passionate about luxury collectables and will be happy to offer you the best possible price for any model in any condition. Also, they conduct no credit checks before lending the money.

Being considered one of the most collectable brands, the Patek Philippe is an attractive asset to pawn.

Some models that can fetch you a higher loan amount are:

  • Aquanaut
  • Calatrava
  • Complications (Ladies)
  • Gondolo
  • Grand Complications
  • Nautilus
  • Perpetual Calendars
  • Twenty~4 collection
  • World Times
  • Jaeger Lecoultre

Jaeger Lecoultre is one of the finest Swiss luxury watch manufacturers creating fine watch pieces since 1833. The watches are valuable for their quality and refinement. The brand’s reputation is cemented based on its accuracy and style. Some of the best running models of all time include:

  • Reverso
  • The Memovox
  • Master Compressor
  • The Master Ultra Thin
  • The Joaillerie 101 Manchette
  • Jaeger-LeCoultre Reverso

The watch experts at The Luxury Hut offer loans on Jaeger Lecoultre watches based on the item’s current market value. After conducting a quick inspection, the team will offer you a free instant quote.

You can also book an appointment by calling them 0207 242 9160 to visit their office in Hatton Garden, London.

Also Read: Why Choose Us as Your Trusted Pawnbrokers in London?

How much can you pawn your watch for?

Pawnshops are great. After all, they function as the reliable one-stop sources for quick cash. But how do you get the most money out of your valuable item? The answer varies depending on several factors, such as:

  • Age
  • Condition
  • Documents
  • Design

The pawnbrokers in London at Luxury Hut are specialists in assessing your classic timepiece. They carefully advise you on the various factors and determine the accurate value depending on the market trends. Of course, each luxury brand has its unique features and identity that influences the watch’s value. But with them, you can expect to get your desired loan amount.

Additionally, if you do not have the watch related papers and documents, do not worry, as the experts will still proceed with the cash loan.

At The Luxury Hut, the team appreciates the beauty and elegance of luxury watches. If you choose to pawn your watch with them online or via appointment, be ready to experience some of the key benefits like:

  • No credit checks
  • Competitive Cash Loan offer
  • Instant free quote
  • No hidden charges
  • Full Security and Confidentiality
  • No early retrieval fees

Also Read: Deal with the Leading Watch Shop in London to Buy, Sell & Pawn Luxury Watches

The Real Facts to know about Pawnshop Loans

October 7th, 2021

Pawnbroking is the oldest form of borrowing cash, and the evidence of its use dates back to more than 3,000 years ago. The process and idea are simple that worked well, and has stood the test of time. The Luxury Hut pawnbrokers London provides a simple, secure and hassle-free way to apply for a pawnshop loan. We always strive to ensure that the process is convenient as possible.

pawnshop loan

Are you thinking to apply for a pawn loan? Is it the first time? Then, you will surely have many questions about what a pawnshop loan is, how it works, what you need to have to get it, and more. So we have put together some commonly asked questions on pawnbroking to help you by taking you through all the basics.

What is a pledge?

A ‘pledge’ refers to any item of value that you used as security – also referred to as collateral -against a pawnbroking loan. It can be a luxury watch, gold, diamond jewellery, a car and more.

In pawnbroking, the concept of a pledge is that its value will be enough to cover the loan amount, interest or any cost outstanding in case the customer do not repay the loan for any reason.

When you repay the loan after the loan term ends, you will get back your pledge.

What is a pawnshop loan?

Pawnbroking is a quick, easy and secure way to borrow money against an item of value that you own. At The Luxury Hut, we lend against high-end luxury watches, diamond and gold jewellery or any gold item.

The loan amount you are likely to secure depends solely on the value of your collateral. Pawnbrokers will not check your credit score or how much you earn.

The maximum loan term is usually six to seven months. However, you can pay off the loan any time during your loan tenure and redeem your asset.

loan against rolex watch

What items can you pawn?

You can pawn virtually any item of value. However, the things accepted as collateral for a pawn loan typically vary from one pawnbroker to another.

At The Luxury Hut, you can secure a loan against luxury watches, diamond jewellery, loose diamonds and gold (jewellery, scrap gold or any gold item).

What are the benefits of pawnbroking?

Opting for a pawn loan is always a better choice than getting a personal loan. Why? Here are some of the significant advantages:

  • Get instant cash

A pawn loan gives you access to cash instantly, unlike other loan types that usually take a couple of weeks to approve. You will only need an item of value to keep as security.

At The Luxury Hut, we will appraise your asset and offer you a cash loan, even if your credit score is poor. Accept our offer and get paid on the spot.

  • Minimal paperwork

Unlike banks or any financial institutions, a pawnshop loan requires minimal paperwork for approval. Here at The Luxury Hut, we only ask for valid proof of identification to get into the agreement. And after you accept our loan offer, you will have to sign a pledge receipt that outlines your loan terms. That’s it.

From visiting our pawn shop in London, getting a quote, to walking out with your cash, the entire pawnbroking process may take as little as an hour to complete.

  • No credit checks

Pawnbrokers do not check credit score or how much you earn before approving a loan. As long as you have a precious item to use as collateral, you can opt for a pawnshop loan.

  • Retain your asset’s ownership

Pawnbroking allows you to retain ownership of your asset, and it significantly matters if you have a strong emotional attachment with the item.

What is the best time to pawn assets?

Whenever you need to secure some fast cash or in short-term financial needs, you can choose to unlock the value of your asset by getting a pawn loan. You can get a pawn loan and cash in your hand within a few minutes.

As we mentioned earlier, pawnbroking allows you to instantly borrow the money you need against a precious item without any credit check.

Moreover, you do not also have to go through a lengthy application process to get the loan. The asset you keep as security will determine the amount you can borrow from the pawnbrokers in London at The Luxury Hut.

loan against jewellery

How much does a pawnbroking loan cost?

Our interest rates vary from 4% – 6% per month. Take a look at the representative example given below –

Representative Example 1: Loan of £6000 borrowed for three months

Total interest for three months – £900

  • Total repayment – £6900
  • Monthly interest – 5.0%
  • APR 79.6%

Representative Example 2: Loan of £500 borrowed for one month

  • Total interest for one month – £30
  • Total repayment – £530
  • Monthly interest – 6%
  • APR 101.22%

How much can you borrow against a pledge?

The amount you can borrow and that we are willing to lend will depend on the value of your collateral. However, the minimum amount of cash loan you can borrow from The Luxury Hut pawnbrokers London is £300.

Fill in our online form providing all details on your asset. We will contact you immediately with a loan quote via phone or email. Alternatively, you can call us on 0207 242 9160 now for an instant valuation over the phone.

What is the maximum loan term?

At The Luxury Hut, the maximum term for a pawnbroking loan is seven months.

When can I redeem my asset?

You can retrieve your collateral at any time during your loan term, provided you pay off the entire loan amount and the interest due. We do not charge any early retrieval fees.

Will my item be safe while in pawn?

Yes. We will store your asset securely in our safe until you come back to repay your loan in full and collect it.

What if I cannot afford to redeem my asset? Will it affect my credit score?

If you cannot repay and collect your pledge within the agreed time for any reason, we can offer you a choice to renew your loan. This means we can extend your loan agreement for seven months for another seven months. You only have to pay the interest due at the end of the contract. And this will not affect your credit score.

However, it is recommended to repay and redeem your asset within the agreed loan term.

Are pawnbrokers regulated?

Yes. The Luxury Hut pawnbrokers in London are regulated by the Financial Conduct Authority (FCA). Thus, we abide by the applicable rules and guidelines issued by the FCA for pawnbroking. We are also a part of National Pawnbrokers Association (NPA).

For any further questions or concerns, you can contact us on 0207 242 9160.

High Street Pawnbrokers: A Trusted Lifeline for Many Borrowers

August 31st, 2021

Pawnbrokers once acted as the only means of support for the helpless or poor people during hard times. However, with years, more and more people recognised the benefits and convenience of the services offered by high street pawnbrokers. And today, individuals from different walks of life turn to pawnbrokers to raise some fast cash during short-term monetary needs.

High Street Pawnbrokers

High street pawnbrokers are not the relics of days past. They continue to serve as a reliable lifeline for many borrowers, especially those who cannot access mainstream credit lending.

Simple, Secure & Straightforward – The Pawnbrokers Way

Today, more people are turning to pawnbrokers because it is more straightforward to get a pawn loan than other traditional loans. If you want to secure a pawn loan from a pawnbroker, you only have to give any valuable item as collateral to your pawnbroker. However, the collateral or pledged asset can be anything of value. But most people commonly opt for a loan against watches, diamond and gold jewellery.

Now your pawnbroker will evaluate your pledge’s value and offer you a cash loan based on the value over an agreed time. The maximum tenure of a pawn loan is usually six to seven months. However, one of the most significant benefits of pawnbroking is that –

You can retrieve the loan any time within the contract tenure and redeem your pledge item.

What if you fail to repay your loan by the deadline? Your pawnbroker can either help you to renew your contract or sell the pledge. Unlike payday loans, pawnbrokers allow settling their loans quickly without building up impossible debt levels for customers.

The Key Advantages of Pawn Loans

Borrowing credit from a pawnbroker is undoubtedly fast and convenient. Moreover, in terms of interest rates, pawnbrokers provide a much better rate compared to payday lenders. Another significant advantage of pawnbroking is that pawnbrokers do not carry out any credit check before approving a loan. This is because they lend money based on items.

However, the Financial Conduct Authority (FCA) regulates the pawnbroking business in the UK. Every pawnbroker has to meet and maintain stringent rules of conduct and solvency. Moreover, customers who have not received fair treatment are left only after a remedy.

Customers entering into a pawn loan agreement are entitled to a 14days cooling off period. This enables you to change your mind and deny the contract with no penalty up to 14 days from signing the agreement.

Interestingly, according to FCA rules, every authorised lender providing unsecured access to money has to carry out a creditworthiness assessment of the consumer. But pawnbrokers do not need to conduct this as their credit depends on a valuable asset.

So if you are looking to raise some fast cash and own anything of value, you can make the best decision by getting in touch with any trusted pawnbrokers in London or any other big city. No matter if you have an emotional attachment to the item you use as collateral, you can get it back once you pay off the loan.

Why Choose Us as Your Trusted Pawnbrokers in London?

June 1st, 2021

Have you run out of money? Need some fast cash? No worries, you can get the amount of money you need within minutes by getting in touch with the trusted pawnbrokers in London at The Luxury Hut.

In difficult or uncertain times, like the current pandemic situation, you may need some fast cash to pay off your electric bills, medical bills or maybe for any other reasons. And in a financially dire situation, pawning your precious asset is ideally the best choice that you can make.

pawnshop london

The Luxury Hut pawn shop London offers a quick and secure way to pawn luxury assets & get instant cash. We lend against luxury watches, diamond jewellery and gold. With our expert evaluators always on hand, we ensure to make the pawnbroking process more convenient than ever.

So what are the advantages of choosing us as your trusted pawnbrokers? Continue reading below to find it out.

Fast & simple way

With trusted pawnbrokers London at The Luxury Hut, you can obtain a cash loan within a few hours. To begin the process, all you have to do is fill in our simple online form. Provide us with all the details of the item you want to use as collateral for your pawn loan. Or you can call us on 0207 242 9160 straight.

We will evaluate your item based on the details provided and give you a free competitive loan quote. If you are happy with it, send us your asset or visit our office in Hatton Garden London via appointment.

We will make you our final cash loan offer. Accept it, sign a pledge receipt, and we will pay you immediately via bank transfer or any other preferred method of payment. The entire process requires much less paperwork.

Whether you pawn your asset online or via appointment, the process may take as little as a few hours to complete.

No credit checks, no obligations

We do not carry out any credit check before lending money against your collateral, nor we have any other obligations to get a pawn loan.

Get a loan against your Rolex watch or any diamond or gold jewellery without any hassle. We will offer you the highest possible amount of cash loan, based on your collateral’s age, condition, current market price and a few other essential factors.

You may only need to provide us with proof of ID to get into the transaction. However, another significant factor that makes The Luxury Hut the best choice as the most trusted pawnbrokers in London is –

Unlike other pawnbrokers, we do not charge set-up fees for any assets pawned with us.

Get a contact-free home collection

At The Luxury Hut, we always strive to make the pawnbroking process straightforward and hassle-free as much as possible. We provide a contact-free home collection to all our customers.

You can send your asset(s) to us from the comfort of your home or anywhere using our contact-free home collection and a fully insured shipping label.

This means that pawning your luxury watch/jewellery online and securing extra cash is now more convenient than ever.

Retrieve your collateral anytime

The maximum pawn loan tenure is six to seven months. However, you can redeem your item(s) any time before your loan term ends by paying off the original loan amount and the interest due up to that day. We do not charge any early retrieval fees.

Want to know more about our interest rates or how our loan process works? Call us on 0207 242 9160 now, and we will be happy to answer any queries you have on pawning your asset with us.

Or, if you want to get a quote for a loan against watches or jewellery, fill in our simple online form today.

The Iconic Datejust: Is this Rolex a Good Investment?

March 25th, 2021

The Datejust is one of the cornerstones and longest-running watches in Rolex’s catalogue. Since its inception in 1945, the Datejust has appealed to global collectors with its classic everyday-go-to design and aesthetics. Today, this revolutionary model is available in different case sizes, bracelet options and materials.

Rolex designed the first waterproof case in 1926 and the innovative perpetual movement in 1931. The interesting fact is that Rolex furnished the iconic Datejust with all these ingenious features and added date functionality. All these factors eventually contributed to the incredible success and desirability that Datejust enjoys today both in the retail and pre-owned market.

rolex datejust

So is the Rolex Datejust a good investment? Continue reading below to determine whether or not this Rolex watch is a good investment and some common questions related to the Datejust.

However, if you are looking to get a loan against a Rolex watch, get in touch with the trusted pawnbrokers online at The Luxury Hut. Fill up a simple online form and receive a free competitive loan quote.

Why is the Rolex Datejust so famous?

It’s no secret that Rolex Datejust is one of the most famous models in the world. Its timeless design has sustained more than half a century being on the trend. And it is continuing to accompany and complement the wrists of men and women globally today.

However, this iconic watch is considered the archetype of all other Rolex watches.

  • It has inspired several other Rolex’s designs and styles.
  • The Datejust is a perfect everyday timepiece, an all-rounder.
  • It carries a unique look and has enough options (metals, dials and bracelets) to complement every distinctive taste.

Moreover, besides sporting a timeless, fashionable design, the watch ensures complete accuracy running on Chronometer-certified movements. And you cannot miss considering Datejust’s glorious history when looking for the reasons behind its unrivalled popularity.

Whatever model you choose, vintage or modern, the Rolex Datejust looks excellent. It has graced the wrists of many great and famous personalities, including Winston Churchill and Paul Newman.

Is the Rolex Datejust worthy of investing?

The straightforward answer to the common question ‘is the Rolex Datejust a good investment’ is – yes.

Virtually all Rolex watches hold their value well with time. The brand’s acclaimed legacy, exclusivity paired with top-notch quality ensures that a Rolex watch will stand the test of time in style, precision and performance. And the Datejust is no exception.

Rolex continues to produce the Datejust to date, and it yet enjoys fame as one of the most successful Rolex watches. The watch is expected to remain a popular choice among collectors worldwide in the coming days, years and even decades from now.

Moreover, the vintage Datejust watches are yet in trend. Potential watch buyers and collectors are often willing to pay top prices for older Datejust models with appealing history and character. Together with the enduring design, all these aspects enable the Rolex Datejust to hold its value for the long-term.

Will the Datejust increase in value?

The Rolex Datejust has increased in value by over 200% between 1994 and 2016. The average growth has been nearly 4.6% each year over the past 10years.

Considering the huge demand for Rolex watches across the world, you can be pretty sure that this trend will continue. Rolex seems to be heading towards taking over a higher price point in the luxury watch industry.

Thus, those who are looking to invest in a Rolex Datejust can proceed with confidence. However, while Rolex watches retain good value with time, they can serve as an excellent asset to use as collateral for a pawn loan.

So if you want to raise instant cash and own a Rolex watch, get a loan against your watch from the professional online pawnbrokers at The Luxury Hut. We lend against all Rolex watches.

Fill up our online form and get a free quote for a loan against Rolex. Or call on 0207 242 9160. We do not carry out any credit checks and pay immediately via bank transfer. Rest assured, you will secure the highest possible amount of cash loan against your luxury watch.

NPA Declared the Results of Pawnbroking Research 2020

August 20th, 2020

The National Pawnbrokers Association (NPA) works to render independent pawnbrokers all over the nation the perfect resources and implements to consolidate the pawn industry. The members of NPA operate to amplify and develop the professional and pragmatic image of all pawnbrokers.

With that in mind, The National Pawnbrokers Association has authorised a significant independent research project that focuses on the experiences of pawnbroking customers.

Pawnbroking Research

The University of Bristol Personal Finance Research Centre undertook the research that obtained perceptions of customers’ views and their personal experiences.

However, the research included 1,669 pawnbroking customers from all across the nation and analysis were made based on the management information from 85,000 loans.

So What Were The Key Findings?

The pawnbroking research conducted by The National Pawnbrokers Association (NPA) details the findings given below –

  • Two-thirds of the customers in the survey were women, and they were under 54 years of age.
  • While 62% of the customers retrieved their loan, 24% renewed, and 14% penance their pawn loan.
  • Out of the total 1,699 pawnbroking customers, 92% regarded that renewing the loan is a significant benefit of pawnbroking, and the potential to renew is essential.
  • More than 90% of the surveyed customers were satisfied with the pawnbroking services.

Pawnbroking was considered as a high-cost option by just 5% of customers.

Out of ten customers, six of them said that they needed the pawn loan for their living expenses.

Customers opted for pawnbroking loans because of its speed, simplicity and convenience.

£243 is the mean average amount of credit, and it mostly lends against gold jewellery items.

More than 90% of customers were satisfied with the pawnbroking loans.

Thus, the findings show that most of the customers are familiar with the way the process of pawnbroking works. They are aware of the convenience of the pawn loans and delighted with its flexibilities.

Moreover, maximum customers redeem their collateral by paying off the loan amount on time. Many people also consider the process of renewing the pawn loan as one of the significant benefits of pawnbroking.

Interestingly, many customers did not consider the cost to be a matter of concern.

Ray Perry, NPA Chief Executive, said –

“We are delighted with the extremely high level of customer satisfaction and the value they see in the service provided, and we are pleased renewals are considered extremely important in supporting customer needs. We believe pawnbrokers are well placed and well equipped to continue to help customers as we start to move on from lockdown and the impact of Covid-19 on households.”

Indeed, pawnbroking is ideally the best way to raise instant cash without having to sell your precious asset outright. More and more people today are turning to pawnbrokers to get access to fast cash and meet their short-term financial needs.

Thus, trusted pawnbrokers like at The Luxury Hut are always working to make the pawning process more convenient than ever.

If you are looking to raise instant cash, get in touch with The Luxury Hut pawnbrokers in London.

Pawn Your Luxury Watch & Jewellery

With a secure online platform and an office in Hatton Garden, London, we provide our customers with a quick and secure way to get a loan against luxury watches, diamond and gold jewellery.

Moreover, as the trusted pawnbrokers in London, we aim to provide the highest amount of cash loan against the assets that customers want to pawn with us.

Thus, fill up our online form to get a free loan quote. Or call us on 0207 242 9160 to book an appointment at our office in Hatton Garden, London.

How to Pawn your Asset in London?

May 5th, 2020

It is natural or maybe, a common fact that every individual needs fast cash at one time or another.

Whether you want to invest in an asset or to pay off your electric bills, you may run out of money.

In such a hard-up situation, ideally, the easiest way is to consider pawning any luxury asset with a trusted pawnbroker and borrow against it.

how to pawn your asset in london

The Luxury Hut pawnbrokers in London have many years of experience in the pawnbroking industry.

pawn your watch

When it comes to getting a competitive cash loan offer against a luxury watch, diamond or gold jewellery, we are the only name to trust.

We work with some of the most professional evaluators in the UK. They can determine an accurate price of any luxury watches and precious jewellery that customers want to pawn your asset with us.

However, as one of the most trusted pawnbrokers in London, we always strive to make the pawnbroking process more convenient than it has been ever.

Thus, pawn your luxury watch or jewellery with us today and raise instant cash without any obligation.

What Items Can I Pawn?

The assets that are considered as collateral for a pawn loan vary from one pawnbroker to another.

With The Luxury Hut pawnbrokers London, you can pawn your asset like luxury watches, diamond and gold jewellery.

Our expert evaluators have years of experience and knowledge in the pre-owned luxury watches and jewellery industry.

We continually keep track of the changing market prices, be it is of a precious metal like gold or luxury watch like Rolex.

Thus, you are likely to receive the most updated and fair amount of credit loan against your luxury watch or any precious jewellery piece.

Moreover, you can pawn more than one item at a time with us at The Luxury Hut.

 

pawnbrokers online

How does our pawnbroking process work?

The Luxury Hut offers a quick, secure and straightforward way to pawn your asset and raise instant cash.

You can choose to pawn your Rolex watch or a diamond ring online in London or via appointment from anywhere in the UK.

Regardless, we will make the process smooth and hassle-free for you.

  • Fill up our online form with all details of your asset.
  • Receive a free valuation
  • Send your asset to us via a specialised and insured delivery envelope that we may arrange for you.
  • Or call us on 0207 242 9160 to book an appointment and visit our office in Hatton Garden, London with your asset.
  • Receive your final cash loan offer
  • Accept it, sign the pledge receipt & get paid immediately.

However, you only have to provide us with valid proof of ID to enter the agreement.

The maximum tenure of a pawnbroking loan is typically six to seven months. Once your loan term ends, you can redeem your collateral paying off the original loan amount and the interest due.

You do not have to pay any monthly charges. Moreover, you can also retrieve your asset anytime within your contractual period without paying any early redemption charges.

How Much Can I Borrow?

The Luxury Hut pawnbrokers London assess every item precisely and determine an accurate price of it.

However, we take into consideration many factors when determining how much your asset is worth.

The factors include condition, age, brand, metal, gemstone (if any), rarity, box and papers (if any), and also current market price.

The condition is one of the most significant factors that we consider while deciding on the final cash loan amount that we are willing to lend on the collateral.

If your asset is in good condition, it is likely to fetch you a higher value.

Thus, experts recommend taking care of a luxury watch or any kind of precious jewellery to maintain its condition.

pawn your jewellery

However, the best way to know how much you can borrow against your asset is by – filling up our online form. You will receive a free no-obligation quote immediately via phone or email.

The Luxury Hut pawnbrokers in London aim to beat any high street pawnbroking rate.

Or call us on 0207 242 9160 for an instant appraisal over the phone or to book an appointment.

Pawn your Luxury Asset for Instant Cash – The Luxury Hut Pawnbrokers

April 21st, 2020

The Luxury Hut pawnbrokers in London provide you with a secure and hassle-free way to pawn luxury asset(s) and raise instant cash. With expert evaluators always on hand, we work to make the pawnbroking process simpler and straightforward than ever.

Pawn your luxury asset including watch, diamond or gold jewellery and get the highest possible amount of credit loan without any obligation or hassle.

However, we determine an accurate value of any luxury watch or jewellery, considering many essential factors like its condition, age or brand and the current market price.

Pawnbrokers in london

Fill up our online form today and get a free valuation shortly. Or, call us at 0207 242 9160 for an immediate appraisal over the phone or to book an appointment at our office in Hatton Garden, London.

How can I Pawn My Watch to a Trusted Pawnbrokers in London?

February 27th, 2020

When looking to raise instant cash, one of the ideal choices is to pawn valuable assets like your luxury watch and get a loan against it.

Once you bring in your luxury watch to a pawnshop, the pawnbroker will assess your asset’s value.

Your pawnbroker will determine the final cash loan amount that he/she is willing to offer based on your asset’s current pre-owned market value, and make you an offer.

london pawnbrokers

The maximum tenure of a pawnbroking loan is six to seven months. The pawnshop then keeps your collateral temporarily.

As soon as you repay the original loan amount with its interest due, you can retrieve your asset without any hassle.

Thus, whether you are looking for a short-term credit option or your watch holds high sentimental value, pawning your watch is ideally the most viable option.

pawn your watch

Pawn your watch with trusted pawnbrokers in London

Trustworthy pawnbrokers in London like at The Luxury Hut offer a secure and straightforward way to pawn watches both online or via appointment.

Our expert team of watch evaluators can precisely assess the value of any luxury watch that customers want to pawn.

However, we take into consideration many significant factors like the watch’s brand, model, age, condition, and also the current pre-owned market price while determining the final amount of credit loan that you can borrow from us.

The Luxury Hut London pawnbrokers have the necessary expertise to make competitive offers on your timepiece. The fact is:

We aim to beat any high street pawnbroking loan rate.

Whether you choose to pawn your watch with us online or via appointment, you will enjoy benefits like:

  • Instant free valuation
  • No credit credits
  • Fair and a competitive cash loan offer
  • No additional or hidden charges
  • Complete security of your watch within the contract period
  • No early retrieval fees.

Thus, you can pawn your luxury watch with us at The Luxury Hut with full confidence.

Begin the process by filling up our online form now and receive your free price quote.

Or call us on 0207 242 9160 for an instant appraisal over the phone or to book an appointment at our Hatton Garden office in London.

pawn rolex watch

How to pawn my used watch?

If you want to pawn your watch quickly for the best price, follow the steps given below:

  • First, find your watch’s original box and papers. Although they add to the value of a timepiece, you can still pawn without them.
  • If you retain the original documents, you can ascertain your watch’s brand, model as well as the serial number.
  • High-resolution pictures of your watch are essential as they will help your pawnbroker to ascertain its condition. Thus, try to take photographs of good quality from different angles.

Now:

Fill up the online form, providing all details of your watch as much as you can and attach its high-quality pictures. You will get your initial price quote shortly.

For getting the final price, you can send your watch to us via a specialised and insured delivery envelope that we may arrange for you.

Or call us to book an appointment and visit our office in Hatton Garden, London with your watch.

We will make you our final cash loan offer on the spot or usually on the same day we receive your asset. Accept it, sign your pledge receipt and get paid within minutes via your preferred method of payment.

The entire process is quick, secure, and hassle-free. From filling up the form to getting paid, it may take as little as two days to complete the transaction.

How to Pawn your Jewellery?

February 20th, 2020

When it comes to raising instant cash, fine jewellery is one of the most common assets used to generate funds. If you want a quick loan, pawning your jewellery might be the best option for you.

The significant advantage of pawning jewellery and diamonds is that you can get your asset back.

jewellery pawnbrokers

Pawnbrokers provide short-term cash loan to help you in meeting small financial needs without having to sell your precious asset outright. Once you pay back the loan amount and the interest due within time, you can retrieve your item without any hassle.

loan against jewellery

However, trustworthy pawnbrokers in London or other big cities are working to make the process of pawnbroking simpler and more convenient.

Thus, it is today easier than ever to pawn your jewellery securely and quickly, be it is a diamond ring or a gold necklace. Now:

If you are ready to get a loan against your diamond ring or any other precious jewellery item, you may wonder:

Where can I pawn my jewellery? And how much will a pawn shop lend me for my diamond ring?

Continue reading as we will delineate the steps to follow while pawning jewellery.

Gather all the details when you pawn your jewellery

When you are prepared to obtain a loan against your jewellery, the first step would be to understand what you possess.

What kind of metal your jewellery is made of? Is it of gold or platinum?

Are there diamonds or gemstones? If yes, what is the carat weight?

Usually, the higher the diamond carat weight and metal weight, the more valuable it is.

However, many other factors influence the value of diamonds and gemstones.

Ideally, you can find all the details of your jewellery from the documents that came along with it during purchase.

Documents can include the original receipt, authenticity cards, GIA report or any gemological lab certification.

pawn a jewellery

However, if you don’t retain the documents or any paperwork, no problem.

You can yet decide to use your precious jewellery item as collateral for a pawn loan with full confidence.

Trusted pawnbrokers in London like at The Luxury Hut will appraise your asset. They will determine an accurate value, considering all essential aspects and current market prices, and make you a competitive cash loan offer.

Choose trusted pawnbrokers to pawn a jewellery

When deciding where to pawn your jewellery, you will find many jewellery pawnbrokers near you or all over the UK.

But it is essential to choose a professional and trustworthy pawnbroker to ensure you are getting the best credit loan offer for your asset.

The Luxury Hut jewellery pawnbrokers in London offer a secure and straightforward way to pawn jewellery and obtain an instant cash loan.

With expert evaluators always on hand, we at The Luxury Hut assess a jewellery item precisely and determine its accurate value.

Get a quote

If you are wondering how much can a pawn shop pay for your jewellery, fill up this online form now and get a free valuation.

With professional and trusted jewellery pawnbrokers like at The Luxury Hut, you will obtain an honest and competitive quote for your asset.

However, you can pawn your jewellery with The Luxury Hut online or via appointment.

 Hatton Garden pawnbrokers

Our team of expert evaluators are always on hand to evaluate any jewellery item, gold, diamonds or any other gemstone.

We continuously keep track of the changing market prices, including prices of precious metals like gold and determine an asset’s value considering its market price on the day of pawning.

Thus, you are likely to secure the most competitive cash loan offer when pawning your jewellery with us.

Receive your final cash loan offer & get paid

If you are satisfied with your initial price quote, you can:

Send your asset to us via a specialised and insured delivery envelope that we may arrange for you

Or call us on 0207 242 9160 to book an appointment at our Hatton Garden office in London.

pawn diamond jewellery

You will receive your final cash loan offer that we are willing to lend via email or phone, or on the spot (in case of appointment).

Once you accept the offer and sign the pledge receipt, we will pay you immediately.

The Luxury Hut Pawnbrokers Review

May 25th, 2018

Perhaps you found yourself in need of some additional cash for whatever purpose. You don’t have a good credit and you cannot get a bank loan. You can try to sell some of your jewelry. But there are complications. You may ask “How do I sell my watch? How do I sell my ring? How do I sell my necklace?” We understand that not everyone knows how to do that. We understand that you care about your own possessions. You don’t want to get scammed into giving them away without receiving even a single penny. So, why not consider loaning them for some quick money? Yes, that service exists!

Pawnbrokers Jewellery

The Luxury Hut Pawnbrokers in Hatton Garden, is one of the most trusted pawnbrokers in London. You see, all that you need to do is to give their valuators a call, and they will access your valuable and provide an offer for it. It is that simple.

You may then accept the offer and you will get cash instantly. You have a wide variety of choices of payments to choose from. You can get your money in cash, through a bank transfer or by other methods. It is entirely up to your arrangement for your own convenience.

What is best about Luxury Hut Pawnbrokers is the fact that there is no monthly payment. You only need to pay at the end of the loan term. If you have enough money, you can even redeem the loan early by simply paying the loan amount and the interest due. Plus, there is no early exit fee or redemption fee with Luxury Hut Pawnbrokers. There are no credit checks done, so you don’t have to worry if you have a bad credit. Still, to ensure credibility, you still need a proof of ID before you can enter into a contract with The Luxury Hut Pawnbrokers.

© 2022 The Luxury Hut is a trading name of Golden Cash Limited. Authorised and regulated by The Financial Conduct Authority for pawnbroking. Registered in England as Golden Cash Limited. Registered Number is 07309335. Registered office address: Treviot House, 186-192 High Road, IIford, Essex, IG1 1LR.

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