Important Information Regarding the Take it away Scheme
We’re pleased to say that with immediate effect, the Take it away scheme will again be open to individuals purchasing a musical instrument for someone under the age of 18.
What will change? With immediate effect, the Take it away scheme will be open to people that fall into one of the following categories: - Individuals aged 18-25 that are buying an instrument for themselves (or for someone else of whatever age). - Individuals purchasing an instrument for a young person under 18.
In this case, the individual will need to sign and complete a customer declaration confirming that the recipient of the instrument is under 18 years of age. All applicants will still need to be over 18, a UK resident and working at least 16 hours per week in order to be eligible, and approval will be subject to a credit check, as at present. Regrettably, we are not able to subsidise the cost of musical instruments for adults over the age of 25 who are not using the scheme to purchase a musical instrument for an under 18.
Do you want to play?
Take it away is an Arts Council initiative designed to help more people get involved in learning and playing music. The scheme allows individuals to apply for a loan of up to £2,000 for the purchase of any kind of musical instrument, and pay it back in nine monthly instalments, completely interest free. Take it away is open to everyone between the ages of 18 & 25 or individuals purchasing an instrument for a young person under 18, but primarily designed to help those who might otherwise be unable to afford an instrument appropriate for their needs. Our priorities are: * to encourage children and young people to develop their interests and skills in music making * to inspire new players of all ages to begin learning an instrument * to enable those on lower incomes to acquire an instrument appropriate to their needs (or the needs of their children)
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What can I buy?
You can use Take it away to finance the purchase of any kind of musical instrument, whether new or reconditioned, from a tabla to a tenor horn, a bass guitar to a berimbau. You can also include music stands, stools, sheet music, amplifiers, equipment and sometimes tuition as part of your loan. Please Note:- Recorded Music, PA Systems and Computer Hardware are not eligible to purchase under the scheme.
How do I Take it away?
Call in and see us and find an instrument that you want to buy. If you don't know what you're looking for, we will be happy to give you help and advice in selecting the right instrument for your needs. Once you've made your decision, you can apply for a Take it away loan to finance your purchase. You will need to bring a credit or debit card with you in order to pay the 10% deposit. The application process takes no more than a few minutes and, if approved, you can take your purchase away with you there and then. The shop staff will help you complete the loan application form in-store which includes a credit check being carried out on you. If you’re accepted you’ll need to pay a minimum 10% deposit and then pay the rest back in 9 monthly instalments - completely interest free. You’ll also need to complete a customer declaration confirming that you’re buying the instrument for a child under 18. To apply for a loan you need to be: Between 18 years and 25 years old An Individual purchasing an instrument for a young person under 18 A permanent UK resident Hold a bank or building society account capable of handling direct debit payments Loans are subject to status. Terms and conditions apply.
How much can I borrow?
Loans are available up to £2,000, or as little as £100. The loan amount can be a part-payment towards an item that costs more than £2,000, or you can buy several lower value items with a combined value of up to £2,000 or more. You will need to pay a minimum 10% of the loan amount at the point of sale using either a credit or debit card. The rest is then paid back over nine months in equal instalments. There is no administrative charge or handling fee when you take out the loan, so you will never be paying more for your purchase than the ticket price.
Subject to status. Terms & Conditions apply. Applicants must be at least 18 years old. H. Poole Ltd is a licensed broker of Take it away loans. Registered address: 43-45 Hainton Avenue, Grimsby, North East Lincs, DN32 9AS
