Hackney Cycle Loan Scheme: Borrow bike for month for just £10
Residents can borrow a bicycle for a month for just £10 in a new scheme from Hackney Council aimed at encouraging more people to start cycling.
At the end of the four weeks, the Council’s Cycle Loan Scheme allows participants to buy the bike at a discounted price which can be paid off in three instalments over six months.
As well as a quality cycle, residents can also borrow a helmet, lock, lights, child seat and other accessories at no extra cost.
Residents can try the types of bikes available for loan, talk to experts about the scheme and get more information about all the Council’s cycling initiates, at a launch day at the front of Hackney Town Hall, between 11am and 2pm, on Wednesday (27 August).
If you’re thinking about taking up cycling, whether for fitness, fun or for commuting, then this is the perfect opportunity to try cycling before you buy the bike. Hackney is London’s ‘Cycling Borough’ and we’re determined to get more people than ever in the saddle and enjoying all the health and economic benefits cycling brings.
How does the scheme work?
- Register online at: hackney.gov.uk/cycle-loan
- You will be contacted by an advisor who will discuss which type of bike is suitable for you
- You will be given a date and location where you can collect your bike
- Take along some ID and proof of address, your £10 and cycle away!
- At the end of the month, bring the bike back or, if you want to buy it at a reduced price
A range of men's and women's bikes are available in various sizes and are suitable for riding on roads and firm tracks, and for commuting and for leisure.
Folding bikes are also available which can be taken on some public transport for some of the journey.
Free cycle training can be arranged through the Council as part of the scheme, which is available to all residents, including new drop-in lessons on Saturdays from 10am at Hackney Downs or on Sundays from 10am at Petchey Academy, in Shacklewell Lane.
The loan scheme has been co-funded by Transport for London and through development contributions, also known as Section 106 orders, which mitigate the adverse effects of development.
To find out more go to: hackney.gov.uk/cycle-loan, email: MoveGreener@hackney.gov.uk or call: 020 8356 489
For more on Section 106s, go to the Council's Planning Contributions page: www.hackney.gov.uk/planning-contributions-spd.htm#b1