What is BuyBack?
Simply put BuyBack is a two part transaction. A sale to us and a purchase from us. In between those two events is us agreeing not to sell the item and you agreeing to pay either the renewal fee or a pre-agreed redemption price every 28 days.
What makes BuyBack different to a traditional pawn loan?
Pawn Loans are regulated under the various pieces of financial services legislation. This can make them more expensive and more cumbersome than a BuyBack.
What are the Fees for BuyBack?
We try to make our fees as fair and as transparent as possible.
These fees assume that the item is mostly unbreakable and fits into a maximum space of 83 litres. This will likely cover most items. Items that do not meet this criteria may be subject to extra fees.
£99 and below 15% per 28 day period, pro rata you Buy Back early.
£100 - £249 10% per 28 day period, pro rata you Buy Back early.
£250- £499 9.5% per 28 day period, pro rata you Buy Back early.
£500-£999 8% per 28 day period, pro rata you Buy Back early.
£1000 and above 7.5% per 28 day period, pro rata you Buy Back early.