Pawnbrokers in East London and Essex

We will lend against almost any item of value and advance cash on the spot.
You can borrow any amount as long as the value of the item secures the amount borrowed.

Our Rates

The interest rate that we charge will depend on the amount of the loan and on the nature of the item used as security.

Interest is charged on a monthly basis, there are no other fees. Our maximum/minimum loan term is 6 months.

All loans are for a fixed term of 6 months. You can repay the loan at any time without penalty.

Representative Example:
Borrow £1000.00 secured on jewellery for 6 months. Monthly interest rate 4.5% (fixed).
The total interest charge for 6 months is £270.00
The Total Amount Repayable for 6 months is £1270.00
The Representative APR is 61.29% (fixed)

The maximum APR we charge across all asset types is 156% APR.

Below are our rates for jewellery, gold and watches.

Loans fromMonthly interestRepresentative APR
£20,001 and above1.99%25.31%
£15,001 – £20,0002.99%39.10%
£5001 – £15,0003.5%46.41%
£2500 – £50004.0%53.76%
£1000 – £24994.5%61.29%
£300 – £9995.0%69.00%
£5 – £2996.0%84.96%
  • A Pawnbrokers Loan is often a good alternative to a conventional loan
  • There’s no form filling.
  • The loan is immediate and based solely on the value of the item pawned
  • Loan is in cash
  • You retain ownership of your items
  • Confidential service
  • You only pay interest for the time the loan is outstanding
  • No Set up fees

Our premises are offices, so you will be served comfortably in a private area.
With years of experience, we are experts at what we do and that is why our customers choose to come back to us time and time again.

Pawnbroking loans are also suitable for small and medium sized business owners as a fast way of raising business finance or resolving a cash flow situation.
We are happy to discuss your business needs. Our rates are very competitive and can be seen above.

We lend against:


…… or any items of value.

Whether it be a humble ring worth £10 or items worth thousands of pounds, our customers are always given personal and friendly attention and leave our premises satisfied that they have received a superb pawnbroking service and the best loan advance obtainable against the value of their assets.

How Pawnbroker Loans Work

We have expertise based on years of experience so that we can value most items. Where a highly specialist item is concerned and we are unsure of the value, we can call upon a number of associates with specialist knowledge to give a very accurate valuation.

We lend against a whole range of items including:

  • Jewellery
  • Gold and Platinum
  • Watches
  • Diamonds
  • Electrical Goods
  • Cameras
  • Collectables
  • Art
  • Computer ware
  • Cars, vehicles, motorbikes
  • …… or any items of value

Unlike high street pawnshops, we are based in office premises with ample access and parking. We give a very personal service for people wishing to use items of value to raise cash quickly.

When you come to our pawn shop you will find that we are different from other pawnbrokers. We operate in a friendly, relaxed and discreet environment and we know most of our customers by name.

  • We will look at any item and tell you how much we can lend against it.
  • Together we agree the loan amount based on the value of your item.
  • We give you a contract with a term of 6 months. This will be explained to you in our offices.
  • The items remain yours throughout the duration of the loan (they are held as security only) and are kept in secure storage facilities until such time as the loan is repaid.
  • The items can be redeemed at any time during the term of the loan by repaying the capital borrowed plus the interest owing up to the point of redemption.
  • You only pay interest on the number of months that the loan has been outstanding. We then return your items to you.
  • If the loan has not been redeemed, we write to you towards the end of the 6 month period to remind you that the loan is ending and that it can either:
    1. Be redeemed by re-paying the loan in full i.e. the original loan amount plus 6 month’s interest
    2. or be renewed by paying 6 month’s interest only. (giving you a further 6 months to repay the loan)
  • If the loan remains unpaid or un-renewed at the end of the 6 month period, we would be obliged to sell the item in order to retrieve the capital and interest owing.
  • For loans over £75, any surplus over and above the capital, interest and reasonable expenses incurred in selling the item would be returned to you.

History of Pawnbroking

You risk losing your items if you fail to repay on your due date.

If you have any queries about our pawnbroker service, please contact us.Telephone0208 518 1828 or email enquiries@maxcroft.co.uk

We'll be happy to answer any questions you may have.

Authorised and regulated by the Financial Conduct Authority for consumer credit. This can be confirmed on the Financial Services Register, which can be found at http://www.fca.org.uk/register.

Examples of Pawnbroker loans

A loan of £500 against a watch, redeemed after 3 months

Loan
£500
Total interest for three months
£75
Total repayment
£575
Monthly interest
5%
APR
69%

A loan of £60 against a bracelet, redeemed after 1 month

Loan
£60
Total interest for one month
£3.60
Total repayment
£63.60
Monthly interest
6%
APR
85%

A loan of £6000 against a Rolex, redeemed after 3 months

Loan
£6000
Total interest for one month
£630
Total repayment
£6630
Monthly interest
3.5%
APR
46.41%