Welcome to Uncles Money, a family run pawnbrokers, in the heart of Birmingham

I’m a pawnbroker and I’ve sold everything from boxing belts to canal barges

‘People needing money has a stigma but don’t walk in with your head down – walk in with your head high and ask ‘How much for this?’

Prince or pauper, every customer is the same to Karl Pountney, the businessman who has seen everything from boxing belts to canal barges pass through his hands. Whether his customers are down on their luck or millionaires, nothing that finds its way onto his counter is a surprise to pawnbroker Karl.

People from all walks of life have come to Uncle’s The Original Pawnbrokers pawn shop for more than 30 years, dangling their necklaces and Rolex watches hoping to get a good deal.

Karl, 55, has worked in the business since he was a teenager and prides himself on being the people’s pawn broker. Some of his customers want to pay for a house while others are struggling with their bills.

Uncle’s has two branches in Bordesley Green and Aston, the latter not far from Villa Park. He said: “We are the people’s pawn brokers in Birmingham because we look out for the people. Before you walk in you know what you’re going to get.

“We deal with customers as we would want to be dealt with, you are not walking into a cold, clinical place where we say ‘here’s your money now get out of here’. They call beforehand saying what they have and I tell them what the valuation could be and what else they should bring.

“Within ten minutes you will walk out with your money. You’ll find a lot of different people come from all sorts of nationalities because they need help paying their electricity and fuel bills. All sorts of issues.

“People needing money has a stigma but we try to change that, don’t walk in with your head down. Walk in with your head high and ask ‘How much for this?'”

The most bizarre items Karl has pawned include a Lonsdale Belt, the oldest championship belt in British professional boxing, and a canal boat. So where did Karl’s love affair with the trade begin?

He said: “When I was 12 I worked in a jewellery shop on a Saturday and Sunday for £11 per week, the owner was friend of my dad called ‘Ray the duck’ because he had a stammer. He asked if I wanted to work there but I knew nothing about jewellery, I would get everyone lunch and help out. He would gamble in the back with people and I’d be inside with the assistants.

“The manager, who was a lovely lady, would look at jewellery with her beautiful manicured nails. I never forgot that.

“It looked professional when she handled jewellery. She taught me about it and I also learned how to set watches which customers would come to me for. I stayed there for three years including working in the summer holidays.

“The owner also taught me all about business so when I got my O-levels, my dad wanted to start a shop in Aston and we decided to turn it into a pawn shop.”

The family business started in 1982 with humble beginnings and rose in popularity with Aston and Bordesley Green residents. They were featured in the Birmingham Post in 1991 when Karl pawned a Bentley Turbo R estimated at £125,000.

Visitors felt an immediate trust and friendly warmth from Karl and his dad, while some staff members are still with Uncle’s more than 30 years later.

With the influx of Romanian residents in Aston, Karl has even taught himself their language to properly chat with them. The Pountney legacy is also set to continue as Karl’s son is joining the business to coincide with Karl’s father stepping back fromafter a cancer diagnosis.

Despite juggling hospital visits and Uncle’s, Karl has no plans to leave his beloved shop. He said: “I love what I do so why would I leave? One thing my grandmother taught me is we are all equal.

“Some people have millions in the bank and some have just £10 but one is not better than the other. We will go out of our way for you.”

We would like to give a special thank you to Birmingham Mail for capturing our story.

Read the full article by Husna Anjum Community reporter for BirminghamMail here
Uncle’s The Original Pawnbrokers pawn items, sell items and lend money (Images: Darren Quinton/Birmingham Live)

How our pawnbroking services are helping local business.

Pawnbrokers have been around for centuries, offering people the opportunity to secure short-term loans by using their personal belongings as collateral. While the image of a pawnbroker may not be the most glamorous, they serve an important purpose in many communities. In this blog post, we will explore how Uncles Money could potentially help local businesses by offsetting goods for short-term loans to help them tide over difficult times.

First, let’s take a closer look at what a pawnbroker does. A pawnbroker is essentially a lender that offers secured loans. When someone wants to take out a loan, they bring in an item of value, such as jewelry or electronics, to the pawnbroker. The pawnbroker then appraises the item and offers a loan based on its value. If the borrower accepts the loan offer, they give the pawnbroker the item as collateral, and the pawnbroker gives them the loan amount in cash. The borrower has a set amount of time to pay back the loan, usually around 30 days. If they don’t pay it back, the pawnbroker can sell the item to recoup their money.

Now, let’s apply this concept to local businesses. Imagine a small business that is struggling to make ends meet. They have bills to pay and payroll to meet, but they don’t have enough cash on hand to cover everything. This is where Uncles Money comes in. Instead of using personal items as collateral, the business could use their own goods or inventory as collateral for a short-term loan.

For example, let’s say a local boutique has a surplus of inventory that they can’t seem to sell. They could bring this inventory to Uncles Money and use it as collateral for a short-term loan. Uncles Money would appraise the inventory and offer a loan based on its value. The boutique could then use the loan to pay bills or meet payroll, and they would have a set amount of time to pay back the loan. If they don’t pay it back, Uncles Money could sell the inventory to recoup their money.

This type of loan could be particularly helpful for seasonal businesses that experience fluctuations in cash flow throughout the year. They could use their surplus inventory during the off-season as collateral for a loan that could help them stay afloat until the busy season arrives.

Of course, there are risks involved with using inventory as collateral. If the business is unable to pay back the loan, they could lose their inventory and be left with nothing. However, if managed responsibly, this type of loan could be a lifeline for struggling businesses.

In addition to offering short-term loans, Uncles Money could also potentially help local businesses by providing a way for them to sell their goods. If a business has excess inventory that they can’t seem to sell, they could bring it to Uncles Money and sell it outright. This would free up space in their store and provide them with some much-needed cash.

In conclusion, while pawnbrokers may not be the first thing that comes to mind when thinking about how to support local businesses, Uncles Money could potentially offer a valuable service. By offsetting goods for short-term loans or providing a way to sell excess inventory, they could help struggling businesses stay afloat during difficult times. As always, it’s important to weigh the risks and benefits before taking out any type of loan or selling goods, but for some businesses, this could be a viable option.

Uncles Money: Providing an Easy Loan Solution for Over 30 Years

When it comes to borrowing money, traditional lenders often require a lot of paperwork and lengthy credit checks, making the process long and complicated. But what if we told you that there’s a way to get a loan with minimal paperwork and no credit checks? That’s where Uncles Money comes in.

Uncles Money is a Birmingham-based pawnbroker with over 30 years of trading experience. We offer an easy loan solution for those who need quick cash without the hassle of traditional lending methods.

Here’s what you need to know:

Minimal Paperwork Required

Unlike traditional lenders, Uncles Money only requires proof of ID and, in some cases, proof of purchase to verify the authenticity of the asset being pawned. This means you can get a loan without having to provide a mountain of paperwork, making the process faster and more convenient.

No Credit Checks

If you have a bad credit score and are looking to borrow money, Uncles Money can help. We don’t require any credit checks, which means your credit history won’t be impacted by the loan. This is a great option for those who have had difficulty obtaining loans from traditional lenders in the past.

No Impact on Credit History

When you borrow from Uncles Money, we offset the loan against the value of the asset being pawned. This means that if you can’t repay the full loan amount, we will recover any losses through the sale of your pawned assets. Your credit history won’t be affected, and you won’t have to worry about bailiffs knocking on your door trying to recover the loan value.

Retain Ownership of Your Assets

One of the great benefits of using Uncles Money for a loan is that you retain ownership of your assets. This means that you can still use them once the loan is paid off. This type of loan is a great way of releasing the value in your valuables without having to sell them.

In conclusion, if you’re in need of quick cash and don’t want to deal with the hassle of traditional lending methods, Uncles Money is the solution for you. With minimal paperwork, no credit checks, and no impact on your credit history, We are an easy and convenient way to get the money you need. Plus, you get to keep your assets!

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Uncles Money is the trading name of Uncles The Original Pawnbrokers Limited - Company number 02104796 © All Rights Reserved 1987 - 2024