Take It Away
The existing Take It Away Scheme is changing – it will no longer possible to take advantage of this scheme if you are over 25 from the 1st April 2011. The Arts Council who fund this scheme have lost a massive amount of their funding so they are unable to support to the extent they could before.
The new scheme is only available for people aged between 18 and 25 years of age for Guitars, Pianos, Keyboards, Orchestral Instruments, Drums and Percussion.
Loans are available up to £2,000, or as little as £200. The loan amount can be a part-payment towards an item that costs more than £2,000, or you can buy several lower value items with a combined value of up to £2,000 or more.
You will need to pay a minimum 10% of the loan amount to start with. The rest is then paid back over nine months in equal instalments. There is no administrative charge or handling fee when you take out the loan, so you will never be paying more for your purchase than the ticket price.