If you don't qualify for a boiler grant, or you've missed out because of recent cuts to funding, paying monthly for your new boiler could be a perfect option. You can now spread the cost of your new boiler in to monthly payments which you can afford, and you do not need to pay any deposit. Payments can start from just £10.80 a month.
Well, simply put, why wouldn't you? Typically a new boiler could cost anywhere in the region of £1,500 - £3,000 depending on the work required. That's a lot of money to stomach in one go. So, why not spread the cost in to manageable monthly chunks?
Pay monthly boiler schemes are growing in popularity, the finance is easy to access and you can even get a new boiler installed with no deposit. There is even help for those who have a not so perfect credit history. You may also be able to pay with boilers on finance.
We've partnered with Heatable, an unbiased price comparison website which lets you compare instant online quotes for new replacement boilers. You'll be able to calculate your monthly payments to find a finance plan which suits you. They also offer market-leading prices and warranties on top manufacturers such as Viessmann and Ideal. It's fast and free to use.
As long as you're in some form of employment (full time or part time) and you've not had any CCJ's or IVA's within the past 5 years, you should be eligible. Your home must also be on a mains gas supply and already have a boiler in place.
Head over to Heatable.co.uk and run through the quick online form. You'll be presented with a list of pay monthly boiler quotes, instantly. Once you've found a package and a price which is within your budget, simply book a home survey. The company who you have selected will then call you to run through the scheme and answer any of your questions.
They'll be able to tell you over the phone if you qualify and what your exact monthly payments will be. If you're happy, you can then move ahead with the installation.
You are not required to pay anything upfront through a pay monthly scheme, which is great if you have no savings in place. If you do have a deposit, you can use it to lower your monthly payments.
Depending on the deposit and terms which you which to spread the cost over, your payments could be as low as £8-£17 a month. Whats more, your new boiler could save you as much as £350 a year on your utility bills alone, so it could effectively be paying for itself.