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May 5th, 2020

How to Pawn your Asset in London?

how to pawn asset

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.

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

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.

 

pawn my assets london

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.

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.

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