There are two options: 0% interest on loans repaid within 12 months, or 9.9% APR representative across a 13 to 60 month repayment period.
Credit is available on any combination of products or services provided that the total order value (including VAT) is between £5,000 and £25,000. We require a deposit of 10% of the value of the order to be paid on the placing of the order.
We must inform you that Hatch Interiors are authorised and regulated by the Financial Conduct Authority. We are a credit broker not a lender – credit is subject to status and affordability, and is provided by Hitachi Capital (UK) PLC. Terms and conditions apply.
You can calculate the cost of the finance using Hitachi’s calculator which you can find here https://www.hitachicapital.co.uk/calculator/hatch-interiors/.
To give you an example. If you were to purchase £5,000 including VAT of goods interest free, you would pay a deposit of £500 and borrow £4,500. If this was to be paid back over 12 months it would mean a monthly repayment of £375 per month and a total amount payable of £5,000.
If you were to purchase £5,000 including VAT of goods and pay over five years, you would pay a deposit of £500 and borrow £4,500. At 9.9% p.a fixed interest rate and representative. 9.9% APR. You would make 60 monthly repayments of £94.47 per month, total interest: £1,168.20 and total payments of £6,168.20.
If you decide to go ahead with taking out finance we will refer you to Hitachi, via a web link which will enable you to make an application to them directly. Once the loan application has been approved, an agreement signed, and the deposit paid we will be able to release the goods to you. Loan approvals are valid for up to six months, so there is no need to reapply should your property purchase not be completed for a few months.
We do not charge an early settlement fee if you decide to pay off your loan early.