Pawnbrokers in Hatton Garden

Pawnbrokers

Pawnbrokers in Hatton Garden offer short-term finance secured against something valuable, usually jewellery, a watch or bullion. Because they sit inside London's jewellery quarter, many also buy outright and handle workshop jobs like resizing or cleaning, depending on the item and their capacity.

How a pawn loan works here

The basic arrangement is simple. You leave an item as collateral, the broker advances you cash against its value, and the loan term and interest are set out in a written agreement. Redeem the item by repaying within the term and it comes back to you. If you would rather not redeem it, you can usually sell the piece to the broker instead. The specialists listed here tend to work with high-value jewellery and precious metals, and some have access to assaying or refining through trade channels.

It pays to compare a couple before you commit, since loan-to-value and interest terms differ. If your real aim is simply to raise cash on a piece you do not want back, it is worth weighing the offers against the dedicated buyers in sell your jewellery as well.

• What loan-to-value and interest rate apply?
• How long is the redemption period?
• Is the item insured while in their care?
• What identification do I need to bring?

Browse the listings below and compare terms in person before you hand anything over.