Finance Options For Garden Rooms

Finance options to suit you

We believe that everyone deserves to own a dream garden room, regardless of the cost.  That’s why we have partnered with Novuna, one of the world's largest consumer credit providers, to bring our customers some fantastic and competitive finance options. We only require a 20% deposit when choosing one of our finance options for garden rooms. You can then decide between paying a set monthly instalment or deferring the outstanding balance amount for up to 9 months.

 
With Novuna you are protected under the Consumer Credit Act 1974 and have rights in the unlikely event that a problem should occur, and you’re not satisfied. 

Garden rooms on finance - image of signing over a finance agreement

Buy now pay later finance

Need just a little more time to get your finances together? Rather keep the money in your own bank a while longer? Then our Buy Now Pay Later (BNPL) option from Novuna could be for you. BNPL allows you to defer the outstanding balance for up to 9 months, from the installation date of your garden room. This is a good option if you are certain that you can pay off the outstanding balance within the set term.

How does BNPL work?

With the BNPL finance option you pay a deposit of 20%, then the outstanding balance is deferred for 9 months from the installation date of your garden room.  

Are there any interest or fees? 

The BNPL option carries an admin fee, otherwise known as an ‘exit’ fee, of £29. This is applied by Novuna and added to the outstanding balance.

As long as you pay off the outstanding balance in full within 9 months from your installation date there will be no interest to pay. However if you allow the term to lapse without paying off the balance then the interest that would have been accrued during the 9 month deferral period will be applied to the loan amount at rate of 19.9% APR. The remainder of the balance will then default to a loan with an interest rate calculated at 19.9% APR representative over a term of 120 months.

You can make overpayments whenever you like and clear the balance before the end of the deferment period without incurring any additional costs.

How long will my application take?

Typically applying for one of our finance options takes around 20 minutes. At the end of this application process you will be given a decision as to the outcome of your loan. If you are successful in your application you will receive a link via email from Novuna to e-sign the relevant documents.

Representative Example:

Cash price                      £16,000.00
20% Deposit                    £3,200.00
Outstanding Balance     £12,800.00

BNPL option allows the balance to be deferred for 9 months from the installation date. An ‘exit fee’ of £29 is applied by Novuna.

Total outstanding balance    £12,829.00

 

Representative Example if not paid off after 9 months:

Cash price                             £16,000.00
20% Deposit                          £3,200.00
Outstanding Balance            £12,800.00

Interest Rate % (Fixed P.A.)    19.9

Representative % APR            19.9

Duration (including 9 month deferral period)    129 Months

Monthly Repayment               £233.01

Total Amount Payable            £31,161.20

Settlement Fee                       £29.00

 

Interest Bearing Credit

 

Our interest bearing credit option (IBC) is the most cost effective way to purchase your Cabin Master Garden Room. With the ability to spread the cost over 36, 60 or 120 months, and with no hidden fees or overpayment charges, it puts you in control of your monthly spending and allows you to choose the right term to suit your budget.  

How does IBC work?

With the IBC finance option you pay a minimum deposit amount of 20%, then choose a repayment period to suit you and your budget. Before applying we can show you a representative example of the monthly payment amounts for the various terms on offer. You can choose between 36 months, 60 months, or 120 months.  

What is the interest rate you offer?

We are able to offer our IBC option at a competitive rate of 14.9% APR representative. Interest is calculated daily on your outstanding balance. This means that you’re in control of the term of your loan and the total interest payable. Additional payments will reduce the term, and therefore, the total amount of interest paid.

Are there any hidden costs?

There are no hidden costs or charges when choosing our IBC option. Plus you can make overpayments whenever you like. You can also choose to settle your account at any time. Should you wish to settle early, simply call Novuna and they will calculate your settlement figure. Paying your loan off early means that you will only pay part of the interest you would have paid if the loan has run its full term.

How long will my application take?

Typically applying for one of our finance options takes around 20 minutes. At the end of this application process you will be given a decision as to the outcome of your loan. If you are successful in your application you will receive a link via email from Novuna to e-sign the relevant documents.

Representative Example

Loan term available 36 months, 60 months, and 120 months

Cash price                     £16,000.00

20% Deposit                   £3,200.00

Outstanding Balance    £12,800.00

IBC finance over 120 months (representative example only)

Monthly repayments            £198.51

Total repayable              £27,021.12

 

Available subject to status, written details available upon request.

Financed Garden Houses

 

Having a garden bar or cabin doesn’t have to break the bank. Offering finance options across all our Cabin Master garden buildings means you can enjoy your garden in all types of weather. Make the most of the outside all year round! 


If you’re looking to add a garden house to your property, but aren’t sure what type of structure you’re looking for, contact us for a full brochure.

Make An Enquiry

make-an-enquiry-image

Start the Journey Quote me

Simply click below to get started on your initial budget quote with Cabin Master. Our team are happy to advise and help match the right building to you.

A Garden Room for Every Budget Free Pricing Brochure

Download your free pricing brochure today to find out how much our buildings cost and the factors that may adjust the price. Simply click below to get your copy.

See Our Garden Rooms Visit Our Show Sites

A picture doesn't do our buildings justice! Come down to our show sites in Nottingham or Studley to explore and get a feel for the buildings in person.

What We’ve Been Up To Case Studies

Take a sneak peek at our case studies to see how our buildings have been installed in the different gardens and for so many different purposes!

News and Events Latest From Our Blog

23rd May 2024

Can I Airbnb a Cabin in My Garden?

Airbnb has become a phenomenon in the hospitality industry over the last 15 years, bringing tourists new, quirky, and more flexible options when it comes to places to stay. Airbnb has popularised alternative accommodation in recent...
Read more
15th April 2024

How Do You Treat a Wooden Summerhouse?

When buying a wooden garden room, it is easy to overlook the ongoing maintenance that comes with your new expansion. Over the years, the changing seasons and wear and tear can affect your wooden garden building. Wood can deteriorate...
Read more
9th April 2024

A Guide to Garden Room Base Options

Garden rooms have become increasingly popular as versatile spaces for relaxation, work, or hobbies. Whether you're dreaming of a serene retreat, a home office, or a creative studio, the foundation of your garden room plays a crucial...
Read more
9th April 2024

Insulating Your Garden Room: A Beginner's Guide | Cabin Master

Garden rooms have increasingly become popular extensions of our living spaces, offering a tranquil retreat or a dedicated area for work, hobbies, and relaxation. However, to truly enjoy these benefits year-round, proper insulation is...
Read more