Finance Services

Every day, over a million individuals and businesses across the UK trust Novuna to provide financial solutions to realise their ambitions.

Novuna provide market-leading point of sale retail finance, award-winning personal loans, and support the growth of UK business with a full service offering from asset finance to vehicle solutions.

Novuna’s finance team works with many national and regional home improvements retailers, to offer their finance services to their customers.

Novuna Finance

Your satisfaction is their key priority. This is why they offer finance services that are flexible to your needs and puts you in control.

• Settle Early
  You can repay your loan in full at any time with a small early settlement charge (no more than two months interest on the outstanding balance).
• Additional payment
  Although your commitment is to a minimum monthly repayment, you can make extra payments as and when you please, reducing the length of your loan and the interest you pay.
• Reducing balance of Loan
  Interest is charged on the outstanding balance only. So increasing your payments reduce the interest you would otherwise pay.
• Low Deposit
  When paying in cash, customers can be required to pay around 25% deposit in cash and pay in full on the completion of works. By taking out one of our home improvement plans, deposits are usually significantly lower, which means you can keep your hard-earned savings working for you.

Peace of mind

Under the loan agreement, the consumer credit protection act ensures that the lender is also liable for safeguarding any deposit and upholding the guarantee issued by Britelite Windows. In summary, by taking advantage of the Britelite home improvement plan, instead of paying cash, you are doubly protected should anything go wrong.

What happens next?

1. Once we have received your completed and signed documentation, subject to status, you will receive a email or letter from Novuna confirming the acceptance of your application.
2. A Britelite surveyor will contact you to arrange the technical survey for your home improvement.
3. Following the installation of your product all you need to do is sign our satisfaction form and your account will be opened for you.
4. Your minimum monthly payment will be taken by monthly Direct Debit, one month later.
5. You can control the length of the loan and interest charged.
6. You may settle the loan in full at any time with a small early settlement charge, please give Novuna a call first to obtain your settlement figure.

Monthly Payment Finance, Representative APR 8.9%

Interest is calculated daily and added monthly at a rate of 0.713%. You must make the minimum repayment each month. You can make additional repayments and therefore control the term of the loan and reduce the amount of interest you would pay. Payments will start after 1 month.

Representative Example 5 Year Finance Plan APR 8.9% £5,000 cash price minus £100 deposit 60 equal payments £100.67pm Total payable £6,140.20 total interest £1140.20	Representative Example 10 Year Finance Plan APR 8.9% £5,000 cash price minus £100 deposit 120 equal payments of £60.90pm Total payable £7,408 total interest £2408
Representative Example 5 Year Finance Plan APR 8.9% £12,000 cash price minus 10% deposit of £1,200 60 equal payment of £221.88pm Total payable £14,512.80 total interest £2,512.80	Representative Example 10 Year Finance Plan APR 8.9% £12,000 cash price minus 10% deposit of £1,200 120 equal payments of £134.23 Total payable £17,307.60 total interest £5,307.60

Buy now pay later

If settled in full within the deferred period then no interest charges will be incurred, £29 Exit Fee will apply. If not settled in full within the deferred period then interest will have accrued from the start of the contract on any amount outstanding at the end of the deferred period and will continue to be charged once you start your monthly repayments.

Representative Example: £5,000 minus 10% deposit of £500

If settled in full within the deferred period then no interest charges will be incurred. £29 Exit Fee will apply.
120 equal payments of £69.55, twelve months after installation
Total payable £8,846 total interest £3,846 Representative APR 11.9%.

Representative Example: £12,000 minus 10% Deposit of £1,200

If settled in full within the deferred period then no interest charges will be incurred. £29 Exit Fee will apply.
120 equal payments of £166.90, twelve months after installation
Total payable £21,228 total interest £9,228 Representative APR 11.9%.

Important information

Please be aware that interest is charged from the date the account is opened. Future rates may vary.  Further details and full terms and conditions can be found on your finance agreement. It is important to read all your documentation and understand the details and costs associated with taking advantage of the finance services.

Credit is subject to status and affordability. Britelite Windows Ltd. Britelite House, Bircholt Road, Maidstone ME15 9XY (Register No. 729532)  is a credit broker and is authorised and regulated by the Financial Conduct Authority.  Credit is provided by a panel of lenders with whom we have commercial relationships and we may receive a commission. We cannot provide independent advice.

Information correct as of February 2022