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London Pawnbrokers

The Luxury Hut London Pawnbrokers provides loans against your fine jewellery, diamonds, gold and luxury watches.

SUBMIT FORM

Fill in our online form and get a free valuation of your luxury item from our expert evaluators.

ACCEPT QUOTE

We will provide you with an accurate estimate of your luxury asset, based on its actual value.

GET PAID

If you are satisfied with our valuation, we will pay you via your preferred method of payment immediately.

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0207 242 5411

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Get a quote within 20 minutes and get paid instantly. Simply bring your assets to our Hatton Garden Office or use our free pre-paid Postage Envelope.

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SUBMIT FORM

Fill in our online form and get a free valuation of your luxury item from our expert evaluators.

ACCEPT QUOTE

We will provide you with an accurate estimate of your luxury asset, based on its actual value.

GET PAID

If you are satisfied with our valuation, we will pay you via your preferred method of payment immediately.

Pawnbrokers London – Get Instant Cash

 

London Pawnbrokers brings you immediate loan facility for any jewellery item without any credit checks. Please visit our Hatton Garden office in London or contact one of our expert evaluators.

Need a loan against a diamond ring or a loan against a Rolex watch? Contact The Luxury Hut London Pawnbrokers right now. We accept luxury assets like diamonds, gold jewellery,  luxury watches and many more.

 

The Luxury Hut- London pawnbrokers

 

If you are looking to raise instant cash against your precious jewellery as well as your valuable goods, rely on trusted, long-established high Hatton Garden pawnbroker like us. We have over many years of experience in the pawnbroking industry we specialise in brokering any luxury assets.

 

We will assess your items immediately and will offer you immediate cash loans based on the most competitive market value of your items.

 

The Luxury Hut is one of the most trusted names in the pawnbroking industry, as top London pawnbrokers, we aim to pay you more money against your valuables.

 

Call The Luxury Hut team on 0207 242 5411 to evaluate your valuable items instantly over the phone. We will consider the current market price and provide you with an instant cash loan.

 

If you accept the loan offer of pawnbrokers London, we will pay cash or through any payment method as per your preference.

 

We have no hidden fees. We don’t charge any additional charges or monthly payments till the completion of a loan term. The Luxury Hut Pawnbrokers render you the scope to pay the loan at any point of time in our London office as per your preference during the loan term. You simply have to pay off the amount of loan along with the interest due.

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You won’t have to pay any early retrieval fees or early exit charges in case of redemption of the loan prior to the completion of the loan term. Moreover, The Luxury Hut Pawnbrokers UK charges interest only for the loan period. This means you have to pay interest only for the month you have borrowed

 

Are you looking for loans for gold near me? It is quite simple to get a gold loan in London from Pawnbrokers London. You can rest assured your item pawned with us is secured within the contractual period. Although there is no credit check, customers would have to provide valid ID proof for every agreement to make a deal with The Luxury Hut.

 

Apply today for an Instant Free Quote by filling up our online form or call now for immediate help. The Luxury Hut pawnbroker is one of the most trusted names in the pawnbroking trade and part of The National Pawnbrokers Association.

 

If you are looking for the best place to pawn your diamond ring or want to find the value of your Pre-Owned Rolex watch, turn to the experts at The Luxury Hut pawnbrokers for a hassle-free no obligation pawnbroking quote. We provide professional, friendly and fast service to customers who are interested in pawning their luxury asset with us.

 

Unlike other pawnbrokers near me, here at The Luxury Hut London, we aim to lend you more on your jewellery and your pre-owned luxury watch.

 

We can pay cash within one hour. We are watch and jewellery market specialists, which makes our valuators more in tune with the ever-changing market value.

 

And with over 40 years combined experience in the jewellery and the pawnbroking trade, you can rest assured that we aim to give you the best price for your item. You can secure fast and easy loans against your jewellery and watches.

 

So search online for “Pawnbrokers in London” or “London pawnbrokers”. If you want to get the highest value on your Pre-Owned Watch, or your jewellery item, please call the Luxury Hut pawnbrokers London or please complete the form above for an Instant Free Quote.

 

To get an instant pawnbroking loan on your items today call The Luxury Hut Pawnbrokers in London on 0207 242 5411.

 

 

From the heart of London’s Hatton Garden, The Luxury Hut Pawnbrokers has over 40 years of combined experience brokering luxury assets. We offer discreet, professional pawnbroking service and instant asset-based loans for jewellery, luxury watches, and diamonds and other gemstones and antiques. As one of the leading pawnbrokers in London, we pride ourselves on delivering an excellent, high-quality service.

Our Loan Rates

Loans from

£10,001 – £20,000

£5001 – £10000

£2500 – £5000

£1000 – £2499

£300 – £999

Monthly interest from

4.0%

4.5%

5.0%

5.5%

6.0%

APR from

60.15%

69.6%

79.6%

90.12%

101.22%

“Authorised and Regulated by the Financial Conduct Authority”

Pawn Your Rolex

Want to pawn a Rolex? One of the leading pawnbrokers London is right here to make the process easy and fast for you. Experience valuators, at The Luxury Hut London, will lend on any Rolex watch

Arranging to pawn your Rolex The Luxury Hut provides a convenient and quick method to raise cash without selling your Rolex watch. We will lend on all Rolex models, at any condition including Rolex Submariner, Rolex Daytona, Rolex Datejust, Rolex Sea-Dweller and more!

 

The Luxury Hut Pawnbrokers In London aim to offer the best price to the customers interested to pawn their Rolex. We assure to keep your Rolex securely within the contract time. You are free to contact The Luxury Hut  London on 0207 242 5411 to get a free appraisal on your Rolex watch or request for a valuation online today.

 

Pawn your luxury watch with The Luxury Hut Pawnbrokers, we aim to beat any genuine offer from any high street pawnbroker or another online pawnbroker.

Pawn your Gold

If you are looking to raise money by pawning your gold jewellery, just bring them to us. We will provide you with a cash loan on the spot.

 

At The Luxury Hut, we work with utmost dedication when dealing with every loan against gold items. As experienced pawnbrokers in London, we believe in providing you with the best service and aim to pay top prices for your gold pieces.

 

The excellent appraisal skills of our in-house team set us apart in this industry. They will assess your item in detail and understand the real value. No matter whether your gold piece is tangled, broken or in the worst state, it is always worth something.

 

Our professionals can advise on every type of gold jewellery, from rings, earrings to other items. We, at The Luxury Hut, can help you in getting immediate access to the maximum value of your collection. Our assessments and appraisals are accurate, trustworthy as well as based on the current market value.

 

Your gold item will be kept secure within the loan period and returned to you after you repay the loan amount plus interest due.

Pawn your Diamond Jewellery

With years of in-house experience in dealing with diamond jewellery, The Luxury Hut can provide you with an accurate valuation every time you bring a diamond piece to us. Like any other reputed diamond specialists, we will note down the details like carat, colour, cut and clarity of your diamond. Considering each of these factors, we will determine the best possible value of your diamond jewellery.

 

Once we determine the value of your diamond item, we will offer you an instant cash loan. If you agree to our offered value and loan terms, you will get a secure loan contract without any credit checks. The Luxury Hut provides an entirely confidential and transparent service with no hidden fees.

 

You can pawn a diamond ring, engagement or wedding ring or pawn a diamond necklace. We aim to provide the maximum credit amount for any diamond item along with expert advice.

 

The Luxury Hut manages each loan transaction quickly and securely and guarantees to keep your pawned asset secure within the loan period.

Pawn a Luxury Watch

If you want to pawn your luxury watch and get an instant loan, turn to The Luxury Hut Pawnbrokers. We have specialists in fine watches with extensive experience to appraise any luxury watch and determine its real value.

 

Bring your watch to The Luxury Hut office and get an instant loan against it with no credit checks. Our in-house luxury watch specialists consider the current market value of the watch along with its model, manufacturer, age, condition, demand and availability to come up with an accurate valuation.

 

However, the original box, receipt, guarantee papers or servicing paper can help you to get the highest value for your watch from The Luxury Hut.

 

To get 100% secured and immediate cash loan, get in touch with us right now.

Pawn your diamond Jewellery

 

You can pawn your jewellery and get an instant cash loan, with 40 years combined experienced as pawnbrokers in London. With a longstanding presence in this industry, The Luxury Hut aims to pay the highest possible value for any exquisite jewellery pieces.

 

Our in-house professional team is happy to provide loans for all kinds of jewellery. It can be earrings, necklaces, rings, bracelets as well as any gemstones. With us, you are assured to get immediate access to the best possible price for your jewellery piece.

 

The Luxury Hut offer professional advice and appraisal on vintage jewellery as well as gemstones, including diamond, sapphire, ruby, emerald and others. Our experienced and certified experts can quickly determine the authenticity and value of gemstones.

 

We make every valuation accurate based on the true market value and other contributing factors. Our appraisers are always available to advise on your exquisite jewellery items.

SOME EXAMPLES OF PAWNBROKER LOANS

A loan of £500 against a necklace, redeemed after 1 month

Loan £500

Total interest for one month £30.00

Total repayment £530.00

Monthly interest 6%

APR 101.22%

A loan of £6000 against a Rolex watch, redeemed after 3 months

Loan £6000

Total interest for three months £810

Total repayment £6810

Monthly interest 4.5%

APR 69.6%

A loan of £12000 against a Rolex watch, redeemed after 3 months

Loan £12000

Total interest for three months £1440

Total repayment £13440

Monthly interest 4.0%

APR 60.15%

Why Choose Us

Quite simply, are not likely to get a better price for your Omega Rolex Cartier Breitling or any other luxury watch if you pawn it with your local pawnbrokers near me. Here at The Luxury Hut London Pawnbrokers, we deal almost exclusively with Owners who are looking to get some cash quickly, without selling their asset. So if you try to pawn, sell or trade your Swiss watch in a pawn shop in London, you will almost certainly be offered a much lower-than-market-value price.

 

The Luxury Hut aims to provide you with luxury watch loans and jewellery loans at the best UK rates. Call Now or Enquire Online!

The Luxury Hut Loans Watches

Raise the finance you need without having to part with your items. The Luxury Hut Pawnbrokers in London offer competitive loans against almost any luxury and designer pre-owned watches. Out of all pawn shops online store, we are one of the most trusted London pawnbrokers that provide fast and secure pawn loan against luxury watches.

One would wonder how businesses were running in the ancient times! With the advent of money as the currency of trade and the introduction of banking systems as the source of capital for businesses not so many years ago, how were our forefathers surviving in business? It is when we open the books of history that we get to realize our ancestors had ways of getting resources to set up or expand their business enterprises. One of such was the use of pawnbrokers, a tradition that has stuck with us over the ages. It has undergone many changes making it fit into our current system of running things.

Who Are London Pawnbrokers?

One would quickly think this implies just an individual yet in the real sense it also covers a business enterprise. The sole purpose of the individual or the company is to provide loans to other people or businesses. The caveat is the individuals borrowing the money have to offer personal items of value as collateral. The agreement between the two parties includes the length of time during which the payment is payable and the amount of interest which accrues over a given period and also depends on the duration. They even agree on what happens when the loanee fails to pay within the set duration. The pawnbroker reserves the right to sell the item to redeem the money and also include the interest upon which they agree. The pawnbroker cannot report the loanee to the Customers credit report in case of default merely because they have an item of equal or more value to the amount of the loan which they can sell and reclaim their money.

How Did We Get Here?

Annals of history report that this business was in existence in Ancient Roman and Greek empires so much so that the current laws find their basis of Roman jurisprudence on the matter. Further East, the business was in China whose mode of running it remains the same despite it being 3000 years later. Franciscans had the tradition running with the aim of helping the poor despite the rules put by the then Roman Catholic church on no charging of interest. In England, the trade came with William the Conqueror. Edward III{1338}, King Henry V{1415}, King Henry VII with the Lombards, Queen Isabella of France all had a part in pawn brokerage. Barnaba Manassei in 1450 transformed the trade by removing the interest as a form of charity work and instead encouraged donations to the church.

Their Symbol

The pawnbrokers have a logo of three golden spheres in suspension over a bar. Its origin is traceable to the Medici family of Florence. The three spheres were initially in use by the Lombard merchants, the House of Lombard having been a banking community in Ancient London. The tradition also owes patronage to Saint Nicholas who is thought to have given a poor man’s three daughters bags of gold so that they satisfy their marriage customs.

The Process

1. Evaluation of collateral items

 

The transaction commences with the loan bringing the item to the pawnshop. The goods can range from household items to jewelry, gold, silver, metals, electronics, and musical instruments amongst many others. The pawnbroker then takes time to assess the things for any flaws. These include physical damage to the product which affects its value. In some cases like when dealing with gemstones, the shop might accept the good even when it has visible flaws as it is still of importance.

 

Another aspect of the assessment is how marketable the item is given the demand and supply in the local market. In any case, the article is overabundant in the market; the shop will only accept things of the highest quality. There is an assumption of stolen goods on the part of the broker such that they are not liable as the law protects them.

 

The pawnbrokers have much experience and use different modes of screening to avoid counterfeit products that are of low value. There are various methods of assessing the authenticity of the items brought in the pawnshop. Guidebooks which are also known as blue books, websites, catalogs, internet searches and personal experience come in handy in this endeavor.

 

Once the item has a value agreed upon by both parties, it can either be sold directly since the pawnbrokers are also second-hand dealers or taken as collateral for a loan. The next phase is the negotiation on the amount of credit on offer to the client.

 

Setting the amount of loan

It has several determining factors:

First is the resale value of the item, which most of the time is a range with the lowest figure representing the wholesale value in case the broker is unable to sell it at retail. The highest value is a representative of the retail price sometimes even more senior than the amount the loan used to purchase the item. The other factor in consideration is the marketability of the article which determines the probability of the object being sold in the retail or as a rejection given in wholesale. The determinant is the saturation of the item in the market.

 

Other factors include the overhead costs of the store and profit for the business. The expenses that the pawnbroker incurs as business operations go on are distributable amongst the customers that come to the shop. These include the rent for the store, electricity bills, yellow pages advertisements, costs incurred in payment of staff, in paying for insurance, setting up alarm systems, running the websites and even for items which are lost in confiscation by the police in cases where the shop receives stolen items. After considering all the costs, the broker calculates the probable profits as it is the sole purpose of the establishment of the business.

 

The items also have to have some significance to the one coming for the loan which increases the probability of the individual coming back for them as the loaning business depends in part on the interest on the loans. Given this, some customers give stories of personal attachment to the item in question, for instance, saying it is a generational gift from ancestors. Others come severally ensuring they pay their loans and interest on time. All this is in a bid to increase their trustworthiness to the broker which facilitates their being given the loan.

 

A comparison of the saleability of the item and the amount on offer by the customer is also a factor at play. If the client offers a marketable product at a lower price than expected the broker will take it even if the surety of the customer return to reclaim it is not a guarantee. The essential factor for the pawnbroker at the end of the day is the profitability of the item in question.

2. Management of the inventory

 

It is a vital factor in the running of the pawnshop business. It is a determining factor in the number of clients who will visit the shop. Either extreme of inventory poses a danger to the existence and running of the business.

 

In instances where the business has too little inventory, for example, due to rapidity in the sale of items the shop might look empty and not interest potential customers. It might be the case when the broker mostly purchases jewellery and gold then resell it or smelts it quickly. Other items might be sold promptly to speciality shops as is the fact with musical instruments to the musical stores.

 

On the other hand, if the shop has an overwhelming inventory, it is bound to have many challenges such as:

 

a)  Instead of spending time selling and buying items, quality time will be used to sort the things, placing them on shelves or arranging them in the shop.

 

b)  The shop owner will also have to have to closely monitor the several items to prevent thieves from taking advantage of the crowded shop. It might even imply that more staff has to be in the store which is additional costs to the pawnbroker.

 

c)   If the pileup of items consists of poor quality and low-value elements, one may mistake the shop as a rummage or flea market!

 

d)   Small yet valuable items like cell phones and their accessories might require glass cabinets for display. It comes with the requirement for more staff to be opening the cabinets for customers who would like to inspect the goods.

 

e)   The pawnbroker may have to install security cameras and alarm systems to reduce the probability of theft

 

f)   Many items in the shop might be an indication of low business which directly affects the amount of money available for lending to probable clients.

 

Here are some features of the ideal inventory:

 

Has a moderate amount of products

The products are of high quality

There is a neat arrangement of goods in the shop such that they are easily visible to passersby.

Some stores reduce the bulk of items by selling to speciality shops

Our Services

Apart from indulging in the pawn business, some stores undertake other activities. These include purchase and sale of brand new items. The items depend on the needs of the neighborhood where the store is. The products include musical instruments, firearms, and items of self-protection such as pepper spray, stun guns, and household utility goods amongst others.

 

The trade of used items is also a standard feature. It runs according to the profitability of the products. It includes articles brought in as collateral for loans but is instead put on sale out rightly. Some shops offer layaway plans that are subject to conditions such as down payment or regular payments.

 

Some Pawnbrokers London uses the strategy of having few unique vintage high-value items to attract clients to the shops without the expectation of purchase of those particular products. Instead, once the customers come to the store, they are shown the other items of interest and even introduced to the pawn business.

 

Other auxiliary operations include payday loans, currency exchange services, fee-based check cashing and vehicle or house title loans.

Upscale pawnshops

These began to appear in the 20th Century with a new brand name; loan offices to distance themselves from the stigma accompanying the pawn shops. Other terms christened to these shops include upscale pawnshops or high-end pawnshops. These terms refer to the high-value merchandise that is exchanged for short-term loans. Thus, it is safe to say that these stores only deal with the high and mighty in society exemplified not only by the types of goods but also by their locations. Some are on uppermost floors of story buildings in busy towns and cities. Examples include Beverly Loan Company, Borro, New York Loan Company and Luxury Hut Pawnbrokers in London amongst others.

The Luxury Hut London Pawnbrokers

 

We are a pawn store in London which specializes in luxury goods such as luxury watches, gold and diamonds. The Luxury Hut Pawnbrokers London offer instant cash for jewellery and luxury goods. One significant advantage is that we don’t require credit checks. The only identification necessary is the identification card prior to entry into the contract. The Luxury Hut team is known for offering more cash loan for gold or other luxury items in comparison with other money lenders.

 

The client has the independent choice of the mode of transfer of the cash once the product undergoes the verification process. Payment by cash or any other method is acceptable in these shops. The method of evaluation takes a short time since the value of time as a resource is an emphasis in these establishments.

 

Payment of the loan is not necessary until the end of the loan term. Thus, there are no monthly payment expectations. There are no redemption fees or early exit fees in case one would like to redeem the loan before the expiration of the loan period. Charging of interest is only up to the duration of the loan; there is none afterwards.

 

The items of the contract remain the clients until the period of the loan elapses.

 

The trustworthiness of the store is also due to its membership in the National Pawnbrokers Association. The Luxury Hut is a household name amongst the pawnbroker’s community.

 

If one is looking for the instant pawnbroking loan on gold within one hour and raise cash, the Luxury Hut Pawnbrokers London is the place of choice. All that is necessary is the luxury item for collateral, and a mode of identification and one will receive whatever they need within a brief period.

 

So let’s start pawning…….

 

We have been trading as one of the most trusted pawnbrokers in London for years and have satisfied many customers who decided to opt for a loan against luxury items from us. We can offer you the best customer service and fairest amount of cash loan instantly.

Experience

We have 40 years’ experience in the watch and jewellery industry, and all of our experts are highly trained, knowledgeable and amongst the top in the industry.

Trustworthy

With an established name and presence online, as well as a reassuring Hatton Garden, London office we offer you security and a peace of mind that you are dealing with a reliable and trustworthy company.

Competitive Prices &
Instant Payment

We offer competitive prices for any pre-owned watches and jewellery. Can pay in cash or other preferred methods of payment instantly for your convenience.


Suite 45, 88-90 Hatton Garden, London, EC1N 8PN

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