Take it Away Loan Scheme

 

Take it away is a new Arts Council England initiative, created to help you get involved in learning and playing music. We took part in the pilot scheme in 2006.

The scheme will allow you to apply for up to £2000 of interest free credit for the purchase of any musical instrument. You will need to pay a 10% deposit, and then pay the rest back in 9 monthly instalments - completely interest free.

Take it Away makes it easy and affordable for everyone to get involved in making music by providing an interest free payment plan for the purchase of musical instruments. Whether you're a complete beginner, an aspiring professional, or someone rediscovering their musical past, Take it Away can help you get the instrument you need to help you on your way.

You can borrow from £100 up to £2,000 for the purchase of any kind of musical instrument, and pay it back over 9 monthly instalments - interest free. You can also include accessories and sheet music as part of your loan to help you manage these costs.

To apply for a Take it Away loan you must be over 18 and hold a bank account that can handle direct debit payments.

Can I use the scheme more than once? Yes, there is no limit on the number of times that you can use the scheme. However, you may not apply for more than £2,000 of credit at any one time.

Can I use the scheme to buy instruments for other people? Yes, you can use the scheme to buy instruments for other people including children and young people under the age of 18. However, please remember that you will remain responsible for the loan agreement.

Do I need proof of address or ID? No, you just need to have your credit or debit card with you.

Can I use the scheme if I am a student/retired/houseperson/unemployed? Yes, you just need to be over 18 and a UK resident.

Who pays the interest? The scheme is subsidised by Arts Council England, and partly by our shop.

Can I take the instrument home immediately? Yes, once you have signed the agreement and paid your deposit?

Available to personal shoppers or by mail-order - phone 01273 702444