V12 Finance

WE ARE NOW PROUD TO ANNOUNCE WE CAN OFF FINANCE SPREAD OVER A LONGER PERIOD

We can offer:

0% APR Representative finance for up to 24 months

9.9% APR Representative for 36 months

15.9% APR Representative for 48 months

meaning those higher value purchases can be spread over a longer period, reducing monthly payments

SIMPLY SPREAD THE COST OF YOUR NEW BIKE OR EQUIPMENT WITH NO INTEREST TO PAY!

0% APR Finance couldn’t be easier to arrange with Cykel House, enabling you to spread the cost of your new bike or equipment from 6, 10 or 12 months and pay nothing in interest. Simply use the handy calculator below to work out your repayments.

Please note not all products are regulated

'V12 Calculator'

So long as you are spending over £250 on a bicycle and/or equipment, Have a minimum 10% deposit, you are a UK resident (at least 3 years), over 18, employed or self employed (min. of 16 hours a week) or retired.

WANT TO ARRANGE 0% APR FINANCE IN STORE? NO PROBLEM.

Our friendly and experienced staff are on hand to help applying for 0% APR finance a doddle.

It takes around 15 minutes to apply for 0% APR finance and you will be able to walk away with your bike the same day! Subject to status and stock availability. Minimum spend applies.

IMPORTANT NOTES:

Please note that delivery must be made to your home address. 0% APR Finance is NOT available on discounted items unless stated.

0% APR Finance provided by V12 Retail Finance Ltd. Terms and Conditions apply and these are provided on the application form.

Cykel House 0% APR Finance is quick and simple to apply for; Contact us via chat, social media, phone 01977 520852 or email Hello@cykelhouse.com, we will send you a secure link to V12. It takes 5 minutes to fill in the secure online application and we will get back to you via email or telephone to confirm acceptance and progress your order.

V12 Retail Finance Ltd: consumer credit services are only available to over 18s and subject to status.

Credit is provided by V12 Retail Finance Ltd, a trading name of Secure Trust Bank Plc. which is registered in England and Wales: 541132. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH. Secure Trust Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority with registration number 204550. For more information please visit www.v12retailfinance.com

Cykel House Ltd is authorised and regulated by the Financial Conduct Authority and is the broker and not the lender. Our FCA registration number is 995316. Cykel House Ltd offers credit products from Secure Trust Bank PLC trading as V12 Retail Finance. Credit is provided subject to affordability, age and status. Minimum spend applies. Not all products offered by Secure Trust Bank PLC are regulated by the Financial Conduct Authority.

In a hurry for your products? Just give the team a call on 01977 520852 and we will be able to prioritise your application over the phone.

ALL YOU NEED TO DO IS:

Spend a minimum £250 and above
Pay a minimum deposit of 10%

V12 FINANCE FAQS

WHO IS ELIGIBLE TO APPLY FOR ONLINE FINANCE?

The person applying for finance;

is 18 or older
is, or their partner is, in permanent paid employment, self-employed, retired and receiving a pension, working student in part time work or in receipt of a disability benefit
has been a resident in the UK for at least 3 years
has a debit or credit card in their name, which is registered to their address, in order to pay for the deposit
has a Bank or Building Society current account available (you’ll need this to complete the direct debit instruction)

WHEN DO MY REPAYMENTS START?

Your monthly repayments will begin one month after your purchase has been delivered.

ARE THERE ANY ARRANGEMENT FEES OR HIDDEN EXTRAS FOR CREDIT?

No. There are no arrangement fees or hidden extras.

APPLYING FOR ONLINE FINANCE

Unfortunately we don't currently have the facility to apply for finance at the shopping cart. When you buy online from Cykel House Ltd trading as Cykel House you will need to contact us, we will send you a secure link to apply for finance via V12. Just follow the simple instructions, entering your personal details as required and we’ll do the rest.

The whole process only takes a few minutes and is simple and secure. Once your finance application is approved, you will then be advised of how to sign the finance agreement and you will also receive an email confirming these details. We will then contact you regarding your deposit payment.

Please read the agreement carefully checking that all the details are correct, then either electronically sign the agreement or print and sign the agreement in both boxes. Post the signed agreement to the address shown on the covering letter of the agreement.

Following receipt of your finance agreement and a few additional checks, your goods will be dispatched.

YOUR QUESTIONS ANSWERED

Here’s some of the most commonly asked questions regarding online finance.

ONCE MY APPLICATION IS APPROVED, WHAT HAPPENS NEXT?

Within minutes of your application being approved, you will be presented with the options to either esign or print and return your finance agreement.

If you choose to e-sign your agreement, a PDF of your agreement will be displayed on screen. You should read the agreement carefully before clicking all the relevant sections agreeing to its terms.

Once you have agreed to the terms of the finance agreement Cykel House LTD trading as Cykel House will be notified and you need do nothing more.

WILL YOU CREDIT SCORE ME AND IF SO, WHAT DOES THIS MEAN?

Credit scoring is the process used by financial services companies to evaluate the credit risk of new applicants. This technique will be applied to your application for online finance. Credit scoring works by awarding points for each answer given on the application form such as age, income and occupation, together with information obtained from credit reference agencies.

This information allows consistent decisions to be provided, ensuring all applicants are treated fairly. Credit scoring does not discriminate on the grounds of sex, race, religion or disability.

IF YOU DECLINE MY APPLICATION, WHAT IS THE REASON?

In addition to credit scoring, V12 Finance also takes into account confirmation of your identity, validation of certain application details, existing commitments and information held at the credit reference agencies. Though V12 Finance is unable to provide you with a main reason for the decline of your application, it is usually based on one, or a combination of the following:

Your credit score (please note that every finance company will score you differently)
Adverse credit reference agency information
You are considered to be overcommitted
You are aged under 18
Your existing account performance with other lenders

WHAT TYPE OF INFORMATION DO CREDIT REFERENCE AGENCIES HOLD ABOUT ME?

Some of the information is public information, for example electoral roll, County Court Judgements and bankruptcies. Other lenders may also file information about accounts you hold with them for instance this could include your payment history and outstanding balance on these accounts. Any requests for credit, where a credit reference search has been undertaken, will also be filed, although the result of the request is not recorded.

HOW DO I OBTAIN A COPY OF THIS INFORMATION?

You should send a cheque for £2.00 made payable to the relevant credit reference agency, together with details of all addresses at which you have lived over the last 6 years:

Experian Limited, Customer Support Centre, PO Box 9000, Nottingham, NG80 7WF
Equifax Ltd., Customer Service Centre, PO Box 10036, Leicester, LE3 4FS
Callcredit Limited, Consumer Services, PO Box 491, Leeds, LS3 1WZ

The above listed agencies will provide details of information relating to these addresses. If you believe that the information is incorrect, you can ask the agency to correct it.

IF MY APPLICATION IS NOT SUCCESSFUL, CAN I RE-APPLY?

Yes. We acknowledge that circumstances change and just because a previous application has been refused, it does not mean that a further request will automatically be turned down. We do suggest however, that you leave at least 6 months between applications.