Own Art is a scheme designed to make buying art easy and affordable. It offers the opportunity to spread the cost of an art purchase over 10 months with an interest free loan. Passionate about making art accessible to all, artrepublic were one of the first UK websites to offer Own Art online, making it even easier to own cutting edge, collectable art. Read on for our comprehensive guide to buying and collecting contemporary art for as little as £10 a month...

What can you buy?

Own Art loans are available for the purchase of contemporary art and craft of any kind in any media. The works must be by a contemporary artist; meaning the scheme can support today’s living artists through sales of their work. The art must be an original, not a reproduction, and from a limited edition of 150 or less. The idea is to encourage people to invest in the highest quality art where the artist has had a definite creative involvement.

You can view hundreds of eligible works of art in our Buy Art, Pay Later section of the website.

How much can you borrow?

The Own Art loan allows you to borrow anything from £100 up to a maximum of £2,000. The loan is completely interest free and spread over 10 months, so you could have a monthly repayment of as little as £10 a month. You can also use the loan as a part payment on a work of art, helping you to buy something more valuable than £2,000. There’s no limit to the number of times you can use Own Art to build your own art collection. There are also no charges if you decide to pay off the loan early.

How do you apply?

Own Art is remarkably easy to use. The only criteria are that you must be –

If you’re not working but married to or living with a partner who does have a full time job, you can still apply as long as your partner is happy to have their employment details included on your application.

To apply all you have to do is select ‘Buy today with 10 interest free*instalments’ beneath the price of the print and a pop up will appear with the monthly price and the chance to ‘Add to Basket’. Once in your basket you can choose exactly how much you want to borrow from Own Art, adjusting the price with a sliding bar (in a fushia pink box!). If you are using the scheme as a part payment you then need to pay the remaining balance and follow the prompts to complete the loan application.

It is surprisingly easy, but if you do need a hand you can always call us on 0845 644 5334 or email us at info@artrepublic.com. It can all be done online in a matter of minutes and once we have received your application we can then chase up our artists, expertly pack your art and send it off to you in as little as 14 days.

Now to start your art adventure...

Negotiating the world of contemporary art and taking the plunge on your first art purchase can be daunting but it can also be an easy and exciting experience. Our CEO, Lawrence Alkin, always advises buying something you love. Often following your instinct will lead to the greatest investment. Art is ultimately a personal statement, artist Jean Willy Mestach once said “Tell me what you collect, tell me how you collect, and I will tell you who you are”.

We are adding new work to our site all of the time and our artzine section is full of insights, tips and artist introductions. You can also visit the Own Art website and meet a diverse array of other Own Art collectors for inspiration. Channel your inner Charles Saatchi or Peggy Guggenheim and have a browse of our current favourites...