If you still need advice or guidance please contact us – you'll find our full details below.
The scheme aims to:
- enable more people to buy art
- support galleries in Wales by encouraging increased sales of work
- support contemporary artists by encouraging increased sales of work
Collectorplan is open to all UK residents over the age of 18, subject to status.
The cost of the loan is subsidised by the scheme funders, Arts Council of Wales, making it affordable for our member galleries to operate, as well as guaranteeing the interest-free rate for buyers.
No – Collectorplan is only available through galleries that have been approved by Arts Council of Wales.
You can buy original works of contemporary art and craft in any media including painting, sculpture, photography, limited edition prints (maximum print run 150), textiles, jewellery, furniture, glass, ceramics, multimedia works – in fact, any original work by a living artist.
The minimum loan amount is £50 (after deposit). This can either be for the purchase of a single item, or for a group of items where the combined value is £55 or more.
Yes – the loan can go towards the payment of a piece of art that costs more than £5,000 provided that you are able to cover the balance in cash or with a credit/debit card. You cannot apply for multiple loans to cover the cost of a single piece of work.
Yes – there’s no limit to the number of times that you can use the scheme. But you cannot exceed your personal loan limit of £5,000.
An application for credit may be turned down by Arts Council of Wales for a number of reasons. If this happens, you’ll be contacted with an explanation for the decision.
Yes – the buyer must pay a minimum 10 per cent deposit, direct to the gallery, on all loans.
Your first payment will normally be debited from your account around four weeks after the date on which you signed the agreement. You’ll receive a letter from Arts Council of Wales confirming the date.
Yes – but you may only choose between 7 or 21 of the month. You can switch from your original choice by contacting Arts Council of Wales on 029 2044 1390, or by sending us an email.
No – there are no early redemption charges for Collectorplan loans. You can arrange to pay off the loan at any time by contacting the Arts Council of Wales on 029 2044 1390, or by sending us an email.
Arts Council of Wales
Princes Park II
Tel: 01492 539757