It’s easy to pawn a luxury watch with Lamna. Simply give us a call, tell us about your luxury timepiece and we’ll make an initial offer immediately.
The amount we can lend you will depend on the market value of the watch. This is determined by the watch’s brand and model, its condition, age and rarity. Limited-edition and rare models have higher values. The provenance of the watch, and its original box and papers, will help drive up the value.
Some of the most popular luxury watch brands we offer loans against are Rolex, Patek Philippe, Breitling, Cartier, Vacheron Constantin, Jaeger-LeCoultre and Audemars Piguet.
If the initial offer is acceptable, you’ll bring the watch to our office for an expert evaluation by one of our watch specialists. Lamna is based in London, but we offer a secure nationwide collection service if you can’t visit in person.
After the final valuation and loan offer, the agreement is signed. While you’re still in our office, an EFT will be made to your bank account. The funds will be immediately available for your use.
It’s as quick and easy as that to pawn a luxury watch with Lamna.
It’s easy to pawn a luxury watch with Lamna. Simply give us a call, tell us about your luxury timepiece and we’ll make an initial offer immediately.
The amount we can lend you will depend on the market value of the watch. This is determined by the watch’s brand and model, its condition, age and rarity. Limited-edition and rare models have higher values. The provenance of the watch, and its original box and papers, will help drive up the value.
Some of the most popular luxury watch brands we offer loans against are Rolex, Patek Philippe, Breitling, Cartier, Vacheron Constantin, Jaeger-LeCoultre and Audemars Piguet.
If the initial offer is acceptable, you’ll bring the watch to our office for an expert evaluation by one of our watch specialists. Lamna is based in London, but we offer a secure nationwide collection service if you can’t visit in person.
After the final valuation and loan offer, the agreement is signed. While you’re still in our office, an EFT will be made to your bank account. The funds will be immediately available for your use.
It’s as quick and easy as that to pawn a luxury watch with Lamna.
The only documents you need to present to pawn a luxury watch with us are:
- proof of ownership of the watch (preferably an invoice)
- picture proof of identity (such as a passport)
- proof of address (a utilities bill or bank statement).
We do not need to know any of your financials or to conduct a credit check.
Illustrative loan examples
These previous loan examples will give you an idea of the loan amounts available for specific watch models. The loan amount is a percentage of the resale market value of the luxury watch.
Submariner
£6,000
Royal Oak
£14,000
Nautilus
(limited edition)
£45,000
Patrimony
£20,000
Chronomat 44
£4,400
FAQ
We offer loans on movable assets from £2,000 up to £500,000.
The loan amount on a luxury watch is a percentage, usually 60%, of the market resale value of the timepiece. That value depends on the brand, model, age, provenance, condition and rarity of the timepiece.
The best way to tell you how much the loan will cost is with an example. Typically, asset-based loans are short-term loans, usually for terms of three to six months.
If, for example, you take a loan of £10,000 for six months, at a fixed rate of interest of 60%, you will repay £13,000 in one instalment. You will repay the £10,000 loan plus £3,000 interest for the cost of the loan.
Pawning your luxury watch allows you to get cash quickly – within a day – without having to sell your precious timepiece. Once you’ve repaid the loan, the watch is returned.
It’s an easy, discreet and fast way to raise funds. It’s much quicker than sourcing an unsecured loan or selling your watch, and no credit checks or financial information are required.
We can either collect your watch or you can bring it to our office in London for appraisal, where it will be handled with the utmost care.
Once the loan agreement has been signed, your watch will be insured and safely stored in our secure, access-controlled facility.
Once you have repaid the loan, it is returned to you in exactly the same condition that it came to us. We handle all luxury watches as if they were our own.