We offer two methods of Finance, Klarna is solely online and Novuna is solely in-store.
Shop now, pay later with Klarna.
We’ve partnered with Klarna to give you a better shopping experience.
Please be aware that
- Late or missing repayments may have serious consequences for you and cause you serious money problems.
- Your credit rating may be affected which will make it more difficult or more expensive for you to obtain credit in the future.
See Klarnas Terms and Conditions below for more details
It’s smooth and simple
When you choose Klarna at checkout, you’ll get the option to shop now and pay later for your purchase.
Pay in 30 days
Make your purchase today so you can try before you buy. Only pay for what you keep. Pay up to 30 days later. No interest.. No impact to your credit score.No fees when you pay on time.
Apply for monthly financing during checkout. It’s a simple, 2-step application process with an instant decision. When approved, you can manage your payments and get payment reminders in the Klarna app.
Pay in 3 instalments
Split your purchase into three equal payments so you can spread the cost of your purchase over time. Enter the credit or debit card details of your choice and make automatic payments every 30 days. Your first instalment will be collected when your order is confirmed by the merchant and instalments 2 and 3 are scheduled 30 and 60 days later, respectively. No interest or fees when you pay on time. No impact to your credit score.
This credit option allows you to spread your cost over time. With an instant credit decision, you can complete the purchase with up-front terms and conditions. Automatic payments will be made each month by direct debit and you can also pay off the full amount anytime.
How to shop with Klarna
- Add item(s) to your cart and head to the checkout.
- Select Klarna at the checkout to pay as you like for your purchase.
- Manage your orders and payments in the Klarna app.
The best way to shop.
See all of your purchases in one place, pay any open balances, explore unique content, and much more in the Klarna app. You can also log into your Klarna account at https://app.klarna.com/login. If you need any help, our Customer Service is there for you.
Safe and secure.
Klarna has strong anti-fraud controls in place to protect our customers and prevent fraudsters from making unauthorized purchases.
Pay only after you have received your order
Klarna offers consumers Buyer Protection which means that you, as a consumer do not have to pay for the ordered goods until you have received them. Klarna will also assist you with problems related to your purchase.
For more information and instructions please go to: https://www.klarna.com/uk/buyer-protection-description/.
The Bad Part
It is important that you complete your payment for your purchase no later than the communicated due date. If you fail to pay on time, you will be in default and may be unable to use Klarna’s services in the future. If you do not pay for your purchase, Klarna may engage with an external debt collection agency to collect on our behalf. Klarna have now introduced late payment fees.
Credit check and handling of your personal data by Klarna
If you choose Pay Later, Klarna will assess your creditworthiness. They may carry out a limited credit search on you at a credit reference agency. This search will not affect your credit score or your chances of obtaining credit in the future. Klarna processes your personal data in order to carry out our obligations in this agreement and for the additional purposes set out in their Privacy Notice. The Privacy Notice is available here, and on their website, and by using Klarna’s services you confirm that you have read this Notice. Klarna process your personal data for example to identify you and perform customer analysis, credit assessments, marketing, and business development. They may also transfer your data to selected partners (such as credit reference bureaus), which may be established outside of the UK. In the Privacy Notice, there is more information about Klarna's data sharing, your rights in regards to your data, how you may contact Klarna with questions, or submit a complaint to an authority.
Lords Electrical (Percy Lord & Son Ltd) 63 Blaby Road, South Wigston, LE18 4PA is authorised and regulated by the Financial Conduct Authority (FCA FRN 713492) and acts as a credit intermediary and not a lender, offering credit products provided [exclusively by Klarna Financial Services UK Limited] [by a limited number of finance providers, including Klarna Financial Services UK Limited]. Please note that [Pay in 3 instalments] [and] [Pay in 30 days] agreements are not regulated by the FCA. Finance is only available to permanent UK residents aged 18+, subject to status, T&Cs and late fees apply. Klarna.com/uk/terms-and-conditions
Once you have decided on the appliances that you would like, you can spread the cost by applying for our finance through Novuna Personal Finance
Buy Now Pay Later Finance Example
Pay nothing with payments deferred for up to 12 months
Spread the cost with our buy now pay later finance available in store.
Our simple buy now pay later (BNPL) finance options allow you to spread the cost of your purchase over 48 months, with the first payment deferred for 12 months. Settle your agreement within the agreed period and pay an early settlement fee of £29.00. Minimum 10% deposit required.
All you need to do is:
1. Spend a minimum £250 and above
2. Place a minimum 10% deposit
3. Minimum finance amount after deposit £200 and above
- Price: £1,000
- Deposit: £100
- Amount of credit: £900
- Interest rate: 24.9% p.a fixed
- Representative: 24.9% APR
- Total term: 60 months 12 month payment holiday followed by 48 monthly payments of £35.03.
- Total amount payable: £1,781.44
- Early settlement fee £29
Important: Interest is calculated from the start of the agreement, which means interest will accrue during the holiday period
Novuna is a trading style of Mitsubishi HC Capital UK PLC, authorised and regulated by the Financial Conduct Authority.