Flexible Finance from Magnet
Along with a huge range of kitchens to match every taste and meet every budget, Magnet also offer a choice of flexible finance options to make our kitchens even more affordable. All designed to help you spread the cost of your kitchen in a way that suits your lifestyle and your finances.
BRAND NEW LOW RATE FINANCE OPTION
Our very latest low rate finance option is one of the most competitive plans on the market, bringing you extra spending power for an APR of just 5.9% variable. It’s the ideal way to help you spread the cost of a new Magnet kitchen across affordable monthly payments that are fixed for the life of the loan. There are no hidden costs and no set up fees, so you’re getting a very low rate finance option that’s also hassle free.
Click here to find out how a Simply Magnet kitchen could be yours from just £69.97 a month with our low rate finance.
Alternatively, we have two further finance options to help you pay for your Magnet dream kitchen, both of which can be tailored to a timescale and monthly payment amounts to suit you.
1. TAKE A 12 MONTH PAYMENT HOLIDAY
Buy now, pay a small deposit and then dont pay a penny more for 12 months. Then choose to pay the balance in full with no interest or spread the cost over 60 months. This option is ideal if you settle your outstanding balance within 12 months.
BUY NOW PAY NOTHING FOR 12 MONTHS. THEN EITHER PAY THE BALANCE IN FULL WITH NO INTEREST PAYABLE.
|COST OF KITCHEN||DEPOSIT||AMOUNT OF CREDIT||SINGLE PAYMENT AFTER 12 MONTHS||TOTAL AMOUNT PAYABLE|
*Figures above are example only
OR SPREAD THE COST OVER 60 MONTHS WITH TYPICAL 14.9%APR VARIABLE
|COST OF KITCHEN||DEPOSIT||AMOUNT OF CREDIT||60 MONTHLY PAYMENT||TOTAL AMOUNT PAYABLE|
2. ENJOY YOUR MAGNET KITCHEN WITH THE MAGNET OPTIONS PLAN
Buy now but start spreading the cost right away over 36 or 60 months. You also have the option of increasing your payments and early repayment, giving you the freedom to finish your finance sooner if you want to.
MAKE 36 MONTHLY PAYMENTS AT 5.9% APR VARIABLE
Click here to find out more information about this rate.
|cost of kitchen||deposit||amount of credit||36 monthly payment||total amount payable|
MAKE 60 MONTHLY PAYMENTS AT 8.9% APR VARIABLE
|COST OF KITCHEN||DEPOSIT||AMOUNT OF CREDIT||60 MONTHLY PAYMENTS||TOTAL AMOUNT PAYABLE|
Finance arranged by Magnet Ltd, Allington Way, Darlington, DL1 4XT. Credit offers subject to status, restricted to UK homeowners aged 18 and above.
Magnet Ltd, Magnet Group, Allington Way, Yarm Road Business Park, Darlington, DL1 4XT. (COMPANY REGISTERED NUMBER 02762625) act as a credit intermediary for a single lender, Clydesdale Financial Services Limited, trading as Barclays Partner Finance and can only offer you loans provided by them.
Barclays Partner Finance is a trading name of Clydesdale Financial Services Limited a wholly owned subsidiary of Barclays Bank PLC. Clydesdale Financial Services Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number: 311753). Registered in England. Registered No. 2901725. Registered office: 1 Churchill Place, London E14 5