With the cost of borrowing set to remain high for a while, we wanted to remind you of the amazing Own Art loan. As a UK resident, you can use Own Art to buy original art on our site interest free. Own Art is an interest-free loan to help people collect original art by living artists. It’s a valuable resource to help living artists and to encourage art collecting across the board. Your loan can be up to the value of £25,000. Select ‘Own Art Loan’ at checkout and we will process an application for you to complete online.
OwnArt is an Arts Council England scheme, established to make it more accessible for everyone to buy contemporary original art (available to UK residents only).
An OwnArt loan allows you to borrow up to £25,000 to buy original art by New Blood Art artists. Loans are repayable over 10 months in monthly repayments.
OwnArt loans are completely interest free for the customer.
The minimum you can borrow is £100 (10 monthly repayments of £10).
The maximum you can borrow is £25,000 (10 monthly repayments of £2,500).
Read more about how to make an art of your investments via a Guardian article here