Pawnbroking / Loans
We lend against gold and platinum jewellery and prestige watches.
Our loans start at £10 and we can lend up to £50,000. We actively lend responsibly and it is your responsibility to only borrow what you can afford to pay back.
You will tell us how much you would like to borrow. Our experienced staff will then assess your jewellery or prestige watch while you wait. Once we have assessed the items, we will let you know if you can use them as security for your requested loan. You may be offered a lower amount if the items value is not enough to secure the loan you require.
“Market Value” is the amount for which we would expect an item to sell in our stores or on the high street. The “Market Value” would be a second-hand price and not a new price. We will lend a percentage of the estimated market value.
The interest you pay will depend on how much you borrow and for how long. For example, if you borrowed £300, the interest would be 9% per month (£27.00 per month). If you repaid the loan after 3 months, the cost to repay your loan would be £381.00. You can spread the cost of your loan by making regular payments. By making regular payments to your loan, your loan would decrease in price and your interest charges would be lower. (Representative APR 131.1%).
Our loans are for a period of 7 months and you can repay your loan at any time during this period.
You can extend your loan by paying any interest due. We would then issue you with a new loan agreement.
You have 14 days to change your mind if you feel that the loan agreement is not right for you. However, you will still have to repay the money loaned to you plus interest that may have accrued during this period. You must inform us if you wish to cancel the agreement within 14 days of the loan date.
You will receive your cash immediately after the loan agreement is processed.
You can pay your loan in full or in instalments, whichever is easiest for you. We only accept cash or debit card as payment for repaying your loan with us.
We do not carry out any credit checks.
We have 6 stores across Greater Manchester where you can bring your items for a loan. If you are not able to visit a store, we may be able to accept items by post. Please contact us for further details.
Your items will be securely stored in our modern safes and will not be removed until you repay the loan.
You can send someone to repay the loan on your behalf. They would need the pawn ticket (credit agreement) and the correct payment.
At Mays, we are committed to providing a service which is fair, honest and professional.
In situations where a customer feels dis-satisfied with our service and the situation has not been resolved immediately,please click here to find out our complaints procedure.
Yes. Items should be sent by Royal Mail Special Delivery and appropriate compensation cover should be taken out up to £500. Beyond that our own insurance will cover you up to a value of £50,000.
Your items will be tracked by Royal Mail. You can monitor the delivery of your items online. We will also email you when we receive your item(s).
Our insurance policy will cover your items up to a value of £50,000.
No, any offer is provisional. If you choose not to accept the offer, we will simply return your items to you.
We would be delighted to welcome you into one of our stores. We have 6 located around Greater Manchester where we can arrange for you to pick up your assets. Please contact us if you would like to do so.
Once you have settled your agreement in full your assets will be sent back fully insured by royal mail special delivery.
Sell your Gold
Prices change on a daily basis therefore we do not offer prices over the telephone. When you bring your jewellery into one of our stores we will assess the value and condition of each item. Once we have assessed your items, we will aim to offer you the best price around.
We buy all types of gold in any condition. We may need to test certain items to ensure they are gold but we will inform you of this before any test is carried out.
Our new items come direct from the manufacturers while pre-owned items come from part exchange, items purchased over the counter, through auctions or unredeemed pledges.
Most repairs are carried out and returned to store in a week.
Your items will be repaired at our in house workshop.
All items are stored securely in modern safes.