On average a brand-new iPhone costs around £750, a car costs £12,000, and a boiler will cost around £2000.
To make payments more manageable, a car and phone are often bought via finance without thinking twice – so why wouldn’t you buy a boiler on finance?
In the past, major deterrents for purchasing a boiler on finance were often due to the high-interest rates that came with it. This meant most people would be left with an expensive monthly bill to pay – which made boiler finance very unattractive.
In recent years, due to the vast number of new firms that have entered the market, there’s been a fall in interest rates charged by some boiler companies. This change has given a lot more customers the opportunity to purchase a new boiler on finance.
The simplest way to purchase a financed boiler is to get in contact with a boiler company that offer finance schemes. Most people think getting in touch with a bank and acquiring a loan is best, but that requires a lot of time and effort to sort out. If you get in contact with a company like Boiler Plan, we’ll check your credit score, get in contact with the bank, offer deals on new boilers, and advise which boiler would be most beneficial for you and your home – all you would need to do is choose a payment plan and install date.
Boiler Plan is the only business in the UK that specialises in boilers on finance. We offer one of the lowest interest rates on the market at 5.9% APR – which is a fixed rate throughout your entire plan.
With us, you have the option to buy your pay monthly boiler over 3, 4, 5, or 10 years, with the ability to pay off your boiler at any time without any extra charges – this is what’s known as a pay as you go boiler. This form of contract gives you the opportunity to slowly pay off your boiler, rather than paying it off in one lump sum.
The overall cost of a new boiler and installation is on averages £2000 – with small fluctuations depending on previous boiler systems. The monthly costs would come out to around £20.34 over a 10-year contract.
Here at Boiler Plan we offer a range of boilers such as Ideal, Potterton, Worcester Bosch, Vaillant, and Baxi. We do this to give our customers more of a choice, as we understand there’ll always be a personal preference to a certain manufacturer over another.
To conclude, we give our customers the opportunity to enjoy the benefits of having a new boiler without having to fork out one lump sum. The costs are now much more affordable and will be spread over a monthly period – just like a mobile phone bill. The only difference is that you can buy out of your Boiler Plan contract at any time, for no extra cost!
We have a variety of different payment plans and boilers to suit you, and we make it easy. So, if you think you can’t afford a new boiler, think again!