London’s pawnbrokers offer a diverse range of services and specialise in various asset types. The most suitable pawn shop depends on your specific needs, whether you’re pledging luxury items, trading electronics, or seeking other financial services.
When choosing a pawn shop, consider how well they understand the type of item you’re pledging, how transparent their loan terms are, and whether they’re regulated by the Financial Conduct Authority (FCA). A trusted pawnbroker should offer expert valuations, secure storage, and fair repayment terms.
Here’s a guide to the best pawn shops in London and what makes each one stand out.
Suttons and Robertsons – Best for Pawn Loans Against Luxury Watches, Jewellery and Gold
For those with premium luxury items, Suttons and Robertsons Pawnbrokers is London’s premier destination for high-value asset loans. They specialise in fine jewellery, luxury watches, designer handbags, and prestigious collectables. Suttons and Robertsons are also one of London’s oldest and most esteemed pawn lenders.
Key Features
- Expert authentication and valuation of luxury brands
- Handles brands such as Rolex, Patek Philippe, Cartier, and Hermès
- Discreet and highly confidential service
- Safe and secure storage
- Flexible repayment terms
- Fully insured home collection service
- Same day funding
- Multiple luxury showrooms in Central London
Ideal for Londoners with luxury assets valued at £500 to £2 million who need immediate liquidity without selling their luxury valuables.
Cash Converters – Best for Electronics Trade Ins
Cash Converters has established a reputation as London’s premier destination for trading in electronics quickly and efficiently, with multiple locations throughout the city.
What They Accept
- Smartphones and tablets
- Laptops and computers
- Gaming consoles
- Audio equipment
Why Choose Them
- Same day cash payments
- Instant valuations
- Knowledgeable staff on current market prices
- Also sells refurbished electronics at competitive prices
Perfect for anyone looking to quickly convert old gadgets into cash without the hassle of private sales.
Ramsdens – Best for Foreign Exchange
Ramsdens distinguishes itself by offering comprehensive foreign exchange services alongside its traditional pawnbroking services.
Foreign Exchange Services
- Competitive rates on a wide range of currencies
- Often beats high street banks and airports
- Order currency in advance for collection
Additional Services
- Money transfers
- Check cashing
A practical solution for people who work or live in London’s surrounding areas and want to handle multiple financial transactions in the same shop.
Harvey and Thompson – Best for Pawning Low to Mid-Range Luxury Items
Harvey and Thompson specialise in entry-level and mid-range luxury items, filling an essential niche in London’s pawn shop market.
What They Accept
- Vintage gold jewellery and silver
- Fashion watches (Tissot, Seiko, Michael Kors, Rado, Hugo Boss)
- Handbags
Why They Stand Out
- Welcoming high street shops
- Fair loans on items worth a few hundred pounds
- Reasonable interest rates
- Staff who understand everyday luxury items
- Over 100 shops across the UK
Final Thoughts
Whether you’re pledging a luxury watch, exchanging currency, or trading in electronics, London’s pawn shops cater to a wide range of needs. For high-value assets, Suttons and Robertsons offer unmatched expertise and discretion, while Cash Converters, Ramsdens, and Harvey & Thompson provide fantastic, convenient options to pawn everyday items. Many pawn shops also offer a wide selection of second hand luxury goods for sale if you are looking to purchase a luxury item.
