Take it Away Interest Free Finance
The Take it Away Scheme run by the Arts Council of England aims to make musical instruments more accessible to children and young people by providing interest-free loans of up to £5,000. Find out how it works and what you can buy below.
Am I Eligible?
To be eligible to apply for a Take it away loan, you must be:
- EITHER an individual over 18 buying an instrument for a child under the age of 18
- OR an individual aged 18-25 years using the scheme to buy an instrument for themselves
(or someone else, e.g. as a gift)
All applicants must also:
- Be a permanent UK resident
- Be working at least 16 hours per week
- Hold a bank or building society account capable of handling direct debit payments
Applicants using the scheme to buy an instrument for an under 18 will be required to complete a customer declaration confirming that the recipient of the instrument is a child.
Unfortunately we are not able to support applicants aged 26 or over who are not using the scheme to purchase a musical instrument for an under 18.
Loans are subject to status. Terms and conditions apply.
How much can I borrow?
So whether you're a parent who needs to buy an entry-level instrument for a complete beginner, or you're an 18-25 year old more experienced musician wanting to upgrade to a better model, Take it away could make it easier for you.
It's also possible to buy more than one musical instrument at the same time.
If the cost of the instrument/s you want to buy exceed the £5,000 loan limit, you can always use Take it away as a part-payment towards the instrument/s. You would then need to pay the remaining value by an alternative method. It is not possible to split the cost of an instrument or instruments over more than one loan application.
Don't forget, you need to a UK resident, working at least 16 hours per week, and be either 18-25 years old, or over 18 and buying an instrument for a child under 18 in order to be eligible to apply for a Take it away loan.