Own art is a scheme offering interest free credit for people to buy contemporary art and craft.
Own art has been initiated by Art Council England, and is supported by investment from Creative Scotland.
What is Own art ?
Own art is designed to make buying contemporary art and craft easy and affordable.
To make a purchase through Own art, you will need to bring with you bank account details that can handle direct debits, proof of identity with your address and signature on it, and you will also need to be over 18.
The ideal document to bring along is a driving licence, this has all the details in one document that we would need to process an application,
another is your current passport.
If you do not have either of the above, you would need to bring along a combination of proof of residence, any of the following,
a bank statement, a public utility bill that is dated within the last three months, an official document like a mortgage statement from a recognised lender,and also a proof of signature like, a bank credit/debit card, or cheque gurantee card.
What you can buy
You can buy paintings, sculpture, prints, artist film and video, artists new media work, photography, jewellery, metal work, ceramics, glass, furniture and textiles by living artists.
How much you can borrow
You can borrow any amount between £100.00 and £2.500.00
The loan amount can go towards a work of art that costs more than £2,500.00.
The amount you borrow is then paid back over 10 months in equal amounts. There are no extra costs.(see example below)
There is no charge for the credit (typical 0% Representative). This means the total amount payable under the loan, and any deposit, is not more than the cash price of the piece(s) of work you purchased.
There is no administrative charge or handling fee.
All applications are completed in the gallery, and usually take around ten minutes to process.
Please feel free to contact us should you require any further information.
Artist - David Meredith
Medium - limited edition bronze
Title - Little owl
Price - £540.00
With Own art ten monthly payments of £54.00 (typical 0% Representative)