Client Pawns His Patek Philippe Nautilus For a £50K Luxury Asset Loan With ReleaseMyCapital.co.uk
Date 08th August 2022
ReleaseMyCapital.co.uk have completed a new £50,000 pawn loan against a client's Patek Phillipe Nautilus worth over £140,000.
The client, an existing customer of ReleaseMyCapital.co.uk, approached us directly to complete a same dame watch equity release for £50,000 to fund unexpected business expenses. The client said: “As a previous customer of ReleaseMyCapital.co.uk, I was able to ring them directly and speak to a director within minutes." The loan was agreed immediately over the phone, and we completed a video inspection on the watch via WhatsApp, and I then signed the paperwork online, subject to a physical watch inspection and appraisal. " He added: “Within 90 minutes, they had arranged the collection of the watch from my home, by a discreet and professional collection service." The watch went directly to London to be inspected by an expert, and within an hour the funds were released directly to my bank account. " He concluded: “The team at ReleaseMyCapital.co.uk are very nice people to do business with and always provide great service." The process and terms are clearly explained and presented in all the loan documentation. The whole process is extremely efficient and very effective. I received the funds into my account the same day. I would definitely recommend them to anyone looking to release funds from their assets.”
ReleaseMyCapital.co.uk completed a virtual appraisal and real-time valuation of the Patek Philippe within one hour. The client requested our “white glove” collection service, and the watch was immediately sent to London to be valued by our Patek Phillipe watch expert. Once the watch had undergone the final physical inspection, the funds were released to the client’s bank account in seconds.
ReleaseMy Capital operates throughout the United Kingdom and is a specialist in secured luxury asset loans on all vintage, classic, and prestige watches and collections by the best makers, including Rolex, Cartier, Omega, Patek Philippe, Audemars Piguet, Vacheron Constantin, and Breguet.
ReleaseMyCapital.co.uk also provide luxury asset loans against prestige, classic and vintage cars, fine wine, fine whisky, fine art, fine jewellery, fine gems and collectables. Loans range from £5K - £2M.
Discretion is paramount to ReleaseMyCapital.co.uk and no credit reports are undertaken, and no search marks are left on the credit file. Our client’s anonymity is assured.
Paul Hilburn, director at ReleaseMyCapital.co.uk, said: “Patek Phillipe was established in 1839 and is named after two of its founders, Antoni Patek and Adrien Philippe. Since 1932, the company has been owned by the Stern family in Switzerland and remains the last family-owned independent watch manufacturer in Geneva. Today, Patek Phillipe remains one of the world’s leading watchmakers. In 2021, Phillips, the world's premier watch auction house, featured Patek Phillipe pieces in positions 1 through 4 of the most expensive watches, selling from $6.5 million to $10.3 million. " He concluded: “Owning a Patek Phillipe watch is a truly wonderful experience, and the Nautilus is one of my favourite models." It was a pleasure to help our client release the funds they required for a few months, whilst we looked after his stunning watch. "
ReleaseMyCapital.co.uk are specialists in secured short-term loans on luxury watches and assets, including cars, property, watches, jewellery, fine wine and art. Our short-term loans assist our clients in swiftly releasing up to £2 million of equity in their prized belongings.
No mark will be made on their credit report, and there is no need to travel as everything can easily be agreed upon from home. ReleaseMyCapital.co.uk guarantees our clients' privacy.