Finding it hard to pay for your new boiler and installation costs in a lump sum? Try our bespoke boiler financing option and make your dream to own a new and efficient boiler a reality.
1 Interest Free Credit
Spread the cost of your boiler over a specified period with zero Annual Percentage Rate (APR). Perfect plan for homeowners who have saved up a portion of the cost of their new boiler as deposit and want to spread the cost of the remaining balance over several months.
2 Buy Now Pay Later
Pay a percentage of the price of the boiler and have your boiler installed. You have a grace period of up to 12 months to make the payment. After the 12 months, you can clear the balance in full or spread it out over a couple of years. This financing option has reasonable APR charges.
3 Spread Payments
Having problems paying for your new boiler? No problems. Spread the payment over a flexible number of months with manageable monthly instalments. This option can be tweaked to meet the needs of the customer and allow you to enjoy your new boiler as you make manageable monthly payments.
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Are you thinking of getting a new boiler? Do you find the cost of buying the boiler and having it installed a hurdle to your dream of owning a new boiler?
In most homes, a boiler is one of the most expensive investments. That doesn’t mean it’s not important and having it could potentially save you and your family from freezing during winter.
Being cash strapped should not be the reason you try to make it through winter without a boiler, there are various boiler financing methods you can consider that will allow you to get your boiler installed as you arrange to make payments.
The most affordable way to get a new boiler is to check if you qualify for a government grant. If you don’t, you can always opt for a competitive monthly finance plan.
It is relatively easy to qualify for a monthly payment scheme for your new boiler. The requirements are not stringent so most people usually qualify for the program.
If your credit score is not the best, it doesn’t mean you won’t qualify for the monthly scheme. Instead, the interest rates might be higher because of the risk assessment.
To check if you qualify for boiler financing, you need to obtain a few quotes and talk to an installation company that offers boiler financing services. Make sure they offer the pay monthly package. At Compare the Boiler Market, we will provide you with a list of installation companies that offer the most competitive rates around your area for you to choose from.
If you find a monthly scheme that you’re comfortable with, all you need to do is give them a call to request for a home survey.
Before you apply for the ‘pay monthly scheme’ you need to find a boiler first. The most important thing to consider when choosing your new boiler is the brand. You can choose from brands like Alpha, Baxi, Zanussi, Worcester Bosch, Warmflow, Vokera, Vaillant and Ideal among others.
The price of your boiler will differ depending on the brand you choose. Some of the brands have invested in decades of research and product development and guarantee superior boilers. Their prices might be a little higher but it’s worth the value since boilers from such brands tend to last longer. In most cases, such brands offer longer warranties for their boilers.
Once you select your boiler, it’s time to find out who you can apply for the pay monthly scheme. To apply for the pay monthly scheme, you need to follow a few steps;
Boiler financing is available in different countries in the UK. The service is meant to make it easier and more affordable for different households to buy a new boiler.
The process is simple. After you check out and apply for your selected scheme, the lender pays for the boiler and the cost of installation upfront. You then pay back the lender in manageable monthly instalments over the agreed amount of time.
The entire amount you will pay depends on a variety of factors. These include: