Complete your home with affordable finance options

Whether it's that designer sofa you have always wanted, the luxury mattress for a perfect night’s sleep or even a new dining table for entertaining, we can help you to make it a reality with our choice of finance options.

Key Facts

We offer both Interest Bearing and Interest Free Credit.

Our Interest Bearing requires no deposit, and you can spread the cost of your purchase from 12 months to 60 months, depending on your requirements. What's more, we offer this service on orders of just £400 or more. 

Our Interest Free Credit offers up to 36 months interest free, although we require a minimum deposit of 25%. Interest Free Credit is available when you spend £550 or more.

Both our finance options apply to the product areas below:-

  • Sofas & Chairs
  • Beds & Mattresses
  • All furniture including bedroom & dining room

Please note that our Finance options available in our stores do not cover Interest Bearing options. For more information, please see in-store or contact us

Who is eligible to apply for online finance?

To apply for finance, you must meet the following criteria:

  • You must be over the age of 18
  • You must work at least 16 hours per week, or be retired with an income
  • You must be a resident of the UK and have lived in the UK for at least the last three years of more
  • Applications are subject to status and your individual circumstances.

Homemakers aren't excluded from applying under their own names however, we will require the employment details of your spouse in order to process your application.

Do I need to pay a deposit?

If you wish to opt for our interest free credit (0.0% APR Representative), then a minimum of a 25% deposit is required. You have the option to increase the deposit amount if you wish. No deposit is required for our 9.9% APR Representative option.

How long is the repayment period?

The minimum repayment period for Interest Free Credit (0.0% APR Representative) is 12 months, with a maximum of 36 months.

The minimum repayment period for 9.9% APR Representative Credit is 12 months, with a maximum of 60 months.

What is the minimum amount I can have on Finance?

Our Interest Bearing option is available on orders of £400 or more.

Interest Free Credit requires a minimum spend of £550.

When do I have to start paying?

Your monthly instalment plan begins one month after your goods have been delivered.

Who provides the finance?

Our finance is supplied by V12 Retail Finance. Oldrids & Downtown acts as a credit broker and not the lender, and only offers finance from V12 Retail Finance. V12 Retail Finance is a trading name of Secure Trust Bank PLC, who acts as the lender. Oldrids & Downtown receive a commission based on any applications received by V12 through our website.

If you have any questions regarding your finance application, you can contact V12 on 02920 468900.

How do I apply?

On our website, when you are viewing qualifying products, you will be presented with a finance calculator. This will show you various finance options.

You can then add the item to your basket and proceed to checkout. This will present you with a final finance confirmation page which will include your deposit amount and monthly repayments. After selecting your choices, you will be prompted to either pay your deposit, or be sent to V12's finance application stage.

How does online finance differ from in-store?

Our online finance options are provided by V12 Retail Finance

Interest bearing finance at 9.9% APR Representative is only available online, and is not available in-store.

Can I still return a finance order?

Your rights to refund a finance order are not affected. For more information on our refund policy, please click here

Can I cancel my credit agreement if I change my mind?

You have the right under section 66A of the Consumer Credit Act 1974 to withdraw from the agreement without giving any reason before the end of 14 days (beginning with the day after the day on which the agreement is made or, if later, the date on which we will tell you that we have signed the agreement). If you wish to withdraw you must give the finance company notice in writing or by telephone or email. The name of your finance company will be clearly shown on your credit agreement (see contact details below). Please note that if you do give notice of withdrawal, you must repay the full amount of the credit without delay and in any event by no later than 30 days after giving notice of withdrawal.

How do I ask a question about the credit agreement?

If you have a question, require further information or if there is anything you do not understand regarding the credit agreement, please call V12 Finance on 029 2046 8900 or seek free, independent advice from organisations such as the Citizen Advice Bureau or the Money Advice Service. Please note Oldrids & Downtown cannot access the personal detials relating to your agreement.

How does finance work?

Option 1 - Pay Monthly Finance

0.0% APR Representative

With out interest free credit option, you can spread the cost of your purchase for up to 36 months. You can pay a deposit of 25% or 30% and this requires a minimum spend of £550.

Please reference to the representative example below for how this works.

Finance 0.0%


Option 2 - Interest Bearing Credit

9.9% APR Representative

With our Interest Bearing Credit you can spread the cost of your purchase over up to 60 months with no deposit required and a minimum spend of £400.

Please refer to the representative example below

finance 9.9%


Oldrid & Co., Limited act as a credit broker and not the lender and only offers finance from V12 Retail Finance. V12 Retail Finance is a trading name of Secure Trust Bank PLC who acts as the lender. Oldrid & Co., will receive commission from the lender.