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Schmidt Warrington & Altrincham

Finance

BUY NOW, PAY LATER

Turn your dream kitchen into reality with our finance options. Our expert Design Consultants can guide you through all the available finance options, so you can make a choice that is right for you. 

    • With “Buy now, pay later” your first repayment will be due 12 months after the date of your delivery.
    • If you repay the loan in full before the date of your first repayment, you will not charged any interest.
    • If you repay part of the loan before the date of your first repayment, we will not charge interest on the part of the loan you repay. Once your payment is received, we will reduce your loan balance by the sum of the repayment plus the interest rebate.
    • If you make a full or partial settlement payment after the date of the first repayment, you will not be entitled to a refund of any interest incurred prior to the date the payment is received. You may be entitled to an interest rebate, which will be calculated in accordance with the Consumer Credit (Early Settlement) Regulations 2004.
    • Repayments are spread over 48 months. (The credit agreement is for  60 months).
    • The first repayment is classified as bing deferred for 12 months. 
    • Fixed interest rate of 9.9% APR.
    • This option requires a minimum spend of £15,000 on Schmidt Kitchens.
    • Minimum 20% deposit required.
    • Finance is not available on our “Dry Fit” installation.”
Example
Cash Price
£20,000
Deposit
£4,000
Amount borrowed
£16,000
Repaid over
60 Months
Deferred for
12 Months
Interest rate
9.9%
Representative APR
9.9% APR
Interest payable
£5,975
Total repayable
£25,975
Monthly repayment
£366.25

Credit subject to status and affordability, Terms and Conditions apply. Design Your Lifestyle Warrington Ltd trading as Schmidt is a credit broker and is authorised and regulated by the Financial Conduct Authority.


Credit is provided by Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC, authorised and regulated by the Financial Conduct Authority. Financial Register No. 704348. The register can be accessed through http://www.fca.org.uk