Buy now, pay later: Garden buildings on finance
We understand a garden building can be an investment. Here at Waltons, we didn’t want that to stop you from making your new garden retreat a reality, or from giving your new home business a place of its own. To help you spread the cost of your purchase from Waltons, we’ve teamed up with Novuna and Klarna to offer a range of credit options.
Available finance options
Klarna provides interest-free unregulated credit giving customers the option to pay the full purchase amount in 30 days or to split the cost of the purchase into three equal installments. There is no predetermined credit limit, instead an automated approval decision about how much you can spend with us is made each time you pay with Klarna.
Novuna offers both interest-free and interest-bearing credit for orders over £560 with loan terms of 12 months and 24 months (interest-free) and 24, 36 and 48 months (with an interest rate of 15.9%). Please see below for representative examples for both interest free and interest bearing options.
Waltons Web Limited FRN: [620773] are authorised and regulated by the Financial Conduct Authority. We are a credit broker not a lender – credit is subject to status and affordability, and is provided by Mitsubishi HC Capital UK PLC (trading as Novuna). Terms & Conditions Apply.
Garden buildings on finance
Sheds on finance
Need a new garden shed? Make sure you don’t grow out of your storage space by choosing the biggest and best quality model you can afford. Buying a shed with our ‘buy now, pay later’ option allows you to up-size, and spread the cost evenly over 12, 24, 36 or 48 months.
Summer houses on finance
A summer house is the perfect way to make the most of your garden through the warmest months of the year. With interest-free credit you don’t have to wait. Just choose from our wide range of traditional or contemporary designs and start enjoying your new summer house as soon as possible.
Pay monthly Log cabins
All year round garden buildings like log cabins are a significant investment, so spreading the cost with regular monthly repayments can make life so much easier. Whether you need a dedicated home office, additional living space or somewhere to entertain, just complete our quick online finance form and choose your delivery slot.
Insulated garden rooms on finance
A luxury insulated garden room from Waltons is the ultimate solution to all year round comfort. Cheaper than an extension, it can even be used as an occasional guest room. To make it more affordable, why not choose a finance option to spread the cost of your purchase? You could have your new insulated garden room up and running within a few weeks, while paying it off in manageable, monthly instalments.
NOVUNA PERSONAL FINANCE
HOW IT WORKS
As you browse through our range of garden buildings and other garden products, products that meet the minimum loan threshold for Novuna Personal Finance will display the lowest monthly repayment amount just below the item price.
You'll be able to click on the view plans link to open a pop-up with the finance calculator for that product. From here you can choose a deposit amount and monthly repayment that suit your budget, as well as the loan term.
The finance calculator displayed on this website is developed and provided by Novuna. It is intended for illustrative purposes only, and all finance applications are subject to status, affordability checks, and terms set by Novuna.
There are options for 12 and 24 month loans which are interest-free and also 24, 36 and 48 month terms which have a fixed interest rate of 15.9%. Below you will find some representative examples, should you need any additional support please don't hesitate to contact us on the phone, via live-chat, using email or at our showsite in Sutton-on-Trent, Nottinghamshire.
Selecting finance at checkout
To spread the cost of your purchase, simply choose the finance option that works for you at the checkout.
Novuna requires a 10% deposit to secure the purchase, whereas with Klarna you can opt for pay in 30 days or pay in three.
Please be aware that finance options are a form of credit. If you fail to maintain your payments, your lender could ask a debt collector to contact you or commence legal action to recover the money you owe. A poor repayment record will affect your credit file.
Check your eligibility
To be considered for finance with Novuna, you will need to meet all of the following criteria:
Minimum age of 18 years old
UK resident of more than 12 months
Own personal bank account from which a Direct Debit can be taken
Permanent employment, working minimum 16hrs per week, self employed, retired, on disability allowance, a registered carer or have a co-habiting working partner.
REPRESENTATIVE EXAMPLES
INTEREST FREE
Cash Price £1049.99
Deposit £104.99
Loan amount £945.00
0% APR representative
Interest rate 0% fixed
24 monthly repayments of £39.38
Total term of loan agreement 24 months
Total charge for credit £0.00
Total Amount payable £1049.99
INTEREST BEARING
Cash Price £1049.99
Deposit £104.99
Loan amount £945.00
15.9% APR representative
Interest rate 15.9% fixed
24 monthly repayments of £46.22
Total term of loan agreement 24 months
Total charge for credit £164.40
Total Amount payable £1214.27
Understanding the numbers
Novuna wants to make sure that you understand the costs, terms and key features of the finance options available to you. You will see this information as you shop on the product page and at checkout. Use Novuna's finance calculator to see how different loan values, terms and interest rates affect the total amount you need to pay and the monthly repayments. The finance calculator is for illustrative purposes only and is not a quote, or formal offer of finance. The offer you receive if you apply will be dependent on your personal circumstances and the lender’s policies. It’s important that you understand what this information means for you before you decide to apply for finance.
Novuna FAQs
When do my repayments start?
Payments will begin one month after the goods have been delivered.
Can I change my payment date?
Customers can change their payment date once they have received their welcome documents.
Can I make additional payments?
Yes, customers can make additional payments at any time free of charge.
Can I change my Direct Debit details?
Yes, please call Novuna's Customer Service team on 0344 375 5500 to discuss this in further detail.
How do I view my balance?
The quickest and easiest way for customers to view their
balance is by managing their account online. Customers can create an account or access a pre-existing account at https://my.novunapersonalfinance.co.uk/oss2/customer/
How quickly will my finance application be approved?
All finance decisions will be made within seconds. Once you
are approved, we will contact you (during working hours) to finalise your purchase. If your application is referred Novuna’s Underwriting Team will review your application and may request some further information from you
before making their decision.
Once my application is approved, what happens next?
Within minutes of your application being approved, you will be presented with the option to e-sign your agreement. Prior to this, you will receive a pre-contract agreement to read before signing and a completed credit agreement will be provided after signing.
If you choose to e-sign your agreement, a PDF of your agreement will be displayed on screen. You should read the agreement carefully before clicking all the relevant sections agreeing to its terms. A copy of your credit agreement will be emailed to you once the e-signature has been completed.
Once you have agreed to the terms of the finance agreement, Waltons will be notified and you need do nothing more.
Note that products will not be allocated to your order until
your completed and signed agreement is returned and received by Novuna Personal
Finance. Shipment of your goods will follow soon after your agreement has been
returned and received.
Will you credit score me and if so, what does this mean?
Credit scoring is the process used by financial services
companies to evaluate the credit risk of new applicants. This technique will be
applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age,
income and occupation, together with information obtained from credit reference
agencies.
This information allows consistent decisions to be provided, ensuring all applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.
If Novuna declines my application, what is the reason?
In addition to credit scoring, Novuna also takes into
account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference
agencies. Though Novuna is unable to provide you with a main reason for declining your application, it is usually based on one, or a combination of the
following:
• Your credit score (please note that every finance company will score you differently)
• Adverse credit reference agency information
• You are considered to be overcommitted
• You are aged under 18
• Your existing account performance with other lenders
If my application is not successful, can I re-apply?
Yes. We acknowledge that circumstances change and just
because a previous application has been refused, it does not mean that a further request will automatically be turned down. We do suggest however, that
you leave at least 6 months between applications.
I want to return my goods and cancel my finance agreement
Please see our terms and conditions. Some products cannot be cancelled, for example,
made-to-order or bespoke goods, so you should check this before you complete
your purchase.
Where you do have the right to cancel, you must do this within 14 days of entering into the finance agreement. To cancel your finance agreement, please contact us (Waltons) and arrange to return your purchase or cancel the services. Once we have confirmed cancellation, we will advise Novuna to cancel your finance agreement and refund any payments that have been made. If you made your purchase in-store, we will refund any deposit payment that you made. Your finance agreement can only be cancelled Novuna if your purchase is cancelled with us.
What is APR and Rate of Interest?
The ‘rate of interest’ is the cost you will pay each year to
borrow the money, expressed as a percentage rate. It does not reflect fees or any other charges. The ‘APR’ is a broader measure of the cost of borrowing than the interest rate. The APR reflects the interest rate, and other charges that you pay to get the loan.
The FCA description of any APR is “APR stands for the
Annual Percentage Rate of charge. You can use it to compare different credit
and loan offers. The APR takes into account not just the interest on the loan
but also other charges you have to pay, for example, any arrangement fee. All
lenders have to tell you what their APR is before you sign an agreement. It will vary from lender to lender
Complaints
On the rare occasion that we do receive a complaint, we take it very seriously. If you are unhappy with the any aspect of the goods you purchased with us you may contact us in any way you prefer.
Our contact details are as follows:
Phone: 01636 821 135
Email: websales@waltons.co.uk
Address: Old Great North Road, Sutton-on-Trent, Nottinghamshire, NG23 6QN
If your complaint relates to the finance linked to your purchase you can still let us know about this, but we will forward it on to your credit provider Novuna. Novuna will
acknowledge your complaint and investigate it thoroughly and issue their response within eight weeks.
If you are not satisfied with Novuna’s response to your complaint relating to the finance agreement, you may be able to refer the matter to the Financial Ombudsman Service. You must contact them within six months of the date of Novuna’s final response letter to you.
They can be contacted in the following ways:
Write: Financial Ombudsman Service,
Exchange Tower, London, E14 9SR
Telephone: 0300 123 9 123
E-mail: complaint.info@financial-ombudsman.org.uk
Further details can be found on the Financial Ombudsman Service
Website: www.financial-ombudsman.org.uk