Your options to pay
At MKM, we have three types of finance available: interest free credit, buy now pay later and interest-bearing credit. Our finance options are currently available at selected MKM branches. See below for the full list of current branches. It will be available in more branches very soon.
Interest Free Credit*
Minimum 50% deposit to be paid upon order. 1 year IFC minimum spend £7,500, 2 years IFC minimum spend £10,000, 3 Years IFC minimum spend £12,500, 4 Years IFC minimum spend £15,000, 5 Years IFC minimum spend £20,000
Buy Now, Pay Later**
Pay a minimum deposit of 10% and nothing for 12 months. 8.9% APR Representative. Minimum spend of £5,000
Interest-Bearing Credit***
Pay a minimum deposit of 30% and spread the cost over up to 5 years of interest-bearing credit at 4.9% APR representative. 1 year IBC available on purchases over £5,000, 2 years IBC available on purchases over £7,500, 3 years IBC available on purchases over £10,000, 4 years IBC available on purchases over £12,500, 5 years IBC available on purchases over £15,000
Terms & Conditions
Finance is subject to status, financial circumstances and borrowing history.
*Availability and Eligibility
Finance is only available for purchases made by non-trade customers from an MKM branch that offers finance options and subject to a minimum order value. A non-trade customer is an individual acting for purposes that are outside that individual’s trade, business, craft of profession. Also, and to avoid doubt, finance is not available on any MKM trade account. Finance is not available on any installation service. Each branch operates as an independent legal entity and provides their own unique finance options. Quotations are not transferable between branches. Please check here to see if your branch is currently offering finance.
*Interest free credit
Minimum 50% deposit.
Minimum spend applies
1 Year IFC minimum spend £7,500
2 years IFC minimum spend £10,000
3 Years IFC minimum spend £12,500
5 Years IFC minimum spend £20,000
**Buy now, pay nothing for 12 months
Minimum Spend £5,000. Minimum 10% deposit. Pay nothing for the first 12 months and then have the option to spread the cost of your purchase over up to 5 years.
Representative example: Cash price £5,000, Deposit £500, Amount of Credit £4,500 at a fixed interest rate of 8.9% p.a. Interest Rate (APR representative) 8.9% APR. Amount payable: £120.07 per month over 48 months following initial 12 month holiday. Total amount payable: £6,263.36. Interest is accrued over full 60 month period.
***Interest-bearing credit
Minimum 30% deposit.
Lower monthly payments and the option to spread the cost of your purchase over up to 5 years.
Representative example: Cash price £15,000, Deposit £4,500. Amount of credit £10,500 at a fixed interest rate of 4.9% p.a. Interest Rate (APR representative) 4.9% APR. Amount payable: £197.16 per month over 60 months. Total amount payable: £11,829.30
1 year IBC available on purchases over £5,000
2 years IBC available on purchases over £7,500
3 years IBC available on purchases over £10,000
4 years IBC available on purchases over £12,500
5 years IBC available on purchases over £15,000
Disclosure:
MKM Building Supplies is an appointed representative of Clearfc Ltd which is authorised and regulated by the Financial Conduct Authority (FRN: 938464). Clearfc Ltd is a credit broker and not a lender. Credit is provided by Novuna Personal Finance. Credit subject to age and status.
We offer a preliminary soft search facility which does not affect your credit rating. Proceeding with your finance application includes a hard search which could affect your credit rating.If you're not completely happy with our service we'd like to hear about it so we can do something to put it right.
View our full Complaints Procedure
