Buy with OWN ART
Want to buy with Own Art?
All you need to do is call us on 01305 767025 or visit the gallery.
What is Own Art?
Own Art makes buying art easy and affordable by letting you spread the cost of your purchase over 10 months with an interest free* loan. Own Art loans can be used for the purchase of any kind of contemporary art or craft from paintings and limited edition prints to sculpture, ceramic and glass.
How does it work?
Own Art loans allow you to borrow from as little as £100 up to a maximum of £2,500 towards the purchase of works of art by living artists. You can chose to finance all or just part of your purchase. You cannot apply for multiple Own Art loans to cover a single purchase, although multiple items can be bought with one loan. There’s no deposit necessary (although you can pay as large or small deposit as you like).
How do I apply?
Once you’ve found the piece of work that you want to buy, just let us know that you’d like to apply for an Own Art loan to finance your purchase. Own Art is available to all UK residents over the age of 18, subject to status. This means that you must be able to meet the following criteria in order to be approved for a loan:
- Over the age of 18
- A permanent UK resident
- Working at least 16 hours a week (employed or self-employed)
- A retired person in receipt of a pension
- If you are not working but are married to or living with a partner who does have a full time job, then you may still apply provided that your partner is happy for their employment details to be included on your application form.
- You can apply for the loan in person or over the telephone. If you are applying for the loan in person you’ll need to have proof of ID with you in the form of a driver’s licence or utility bill, along with a credit or debit card as proof of signature.
We’ll take you through the loan application process, which normally takes about 10 minutes. Once you’ve given all the information we need, you’ll get an instant decision. When your application is approved we’ll need you to sign some paperwork. You can then either take your piece of art right away or we’ll arrange to post it to you. If you’re completing your Own Art application over the telephone, Own Art will contact you by email for you to approve the application using their e-signature process before we dispatch your item.
Own Art finance partner Hitachi Capital Consumer finance will send you a welcome letter and the 10 monthly payments will be collected by direct debit from your account starting a few weeks after you’ve made your purchase.
It’s as simple as that!
There is no limit on the number of times you can use Own Art, but we recommend that you don’t apply for more than one loan at a time. Each loan application is subject to a credit check, and your application may be declined if you have not yet already established a repayment record for an existing Own Art loan, or if the finance company considers that the total amount of credit you are asking for is too high in relation to your income.
*Representative 0% APR
Subject to status. Terms and conditions apply. Applicants must be at least 18 years old. Cove Gallery is the trading name of Joseph James (Weymouth) Limited, a licensed broker of Own Art loans. Registered address: Midway House, Merrick Way Technology Park, Staverton, Cheltenham GL51 6TQ