Own Art provides an affordable way to buy art by breaking the cost down into 10 interest-free monthly payments. It reduces the financial barriers and perceptions of elitism that commonly exist within the art market, by making it easier and more affordable for people to purchase and enjoy original art and craft.
The application process is simple and can be completed in person at the gallery, over the phone or by email.
Own Art loans are available to all UK residents over the age of 18, subject to status. You must be able to meet one of the following criteria in order to apply:
be working at least 16 hours a week (employed or self-employed)
be a retired person in receipt of a pension
not be working but are married to or living with a partner who does meet the above criteria and is happy for their employment details to be included in your application
You must also have a persoanal bank account (businesses cannot apply) and an email address.
If you choose to complete your application in the gallery we’ll take you through the loan application process, which normally takes about 10 minutes. You’ll then get an instant decision and if it is approved you can take your artwork away with you there and then!
If you choose to complete the the application over the phone or by email we will need to arrange delivery. You will not be able to collect the work in person. There may be an additional charge for this; however, you can just add this to the amount you are applying for. Once approved, you will receive a welcome email from Own Art’s finance partner Novuna Personal Finance and your 10 monthly payments will be collected from your account by direct debit. This usually starts around four weeks after you’ve made your purchase.
It’s as simple as that!
Please note that:
Interest free credit is only available on originals and selected limited edition prints
Own Art loans are available for purchases between £100 and £25,000 (purchases can include just one or multiple items)
Credit is provided by Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC, authorised and regulated by the Financial Conduct Authority.
Loans are 0% APR Representative