Winter is upon us and many households throughout the UK are turning on their heating only to find out that the old boiler in the cupboard is not working properly. Can you afford to replace it or is your bad credit holding you back?
The cost of installing a new or replacement boiler is not cheap. Therefore, you need to know your combi from the heat only boiler before calling for a quote.
The lion’s share of boiler replacement outlay is consumed by installation costs. Therefore, as much as 60% of consumers are switching to monthly payments for their new boilers.
A new boiler is a relatively risk-free intelligent home improvement that helps people to save on energy efficiency and many companies are willing to offer you a pay monthly option on good terms. That’s why boilers from just £19.99 per month is a possibility if your credit rating is reasonable.
Consequently, new boilers don’t come cheap and prices vary due to different brands, sizes, and models available. Ideally, a new boiler price ranges around £2,500. Thus it’s important to get the facts right before committing yourself to buying a new or replacement boiler.
In general, budget boilers offer shorter life spans, shorter warranties, and reduced customer support levels. Despite their lower installation cost, they are more expensive to maintain and less efficient to run.
But it’s worth noting that boiler installation costs and boiler replacement costs are normally compensated by savings made on a new, energy efficient boiler. After all, more than half of your energy bills are down to your boiler. Otherwise you can visit cheapest pay monthly boilers page here.
Different homeowners have differing reasons for changing boilers. Could be your aging boiler is faulty or you’re considering an extension and you need a boiler with increased capacity. Consider the following when choosing a new boiler:
- Boiler type
- Fuel type
- Installation space available
- Your hot water needs
- Typical daily usage
A combination of these and other factors will help you choose the boiler that best suits your lifestyle.
According to a report by Energy Saving Trust, your boiler contributes to approximately 55% of your home energy costs. Boiler efficiency will increase reliability and safety and generally reduce your energy bills.
- Use thermostats and timers – Proper use of a thermostat can save you roughly £150 per year on your energy costs. You can improve this by getting a thermostat that records your routine such as NEST
- Install TRVs (Thermostatic Radiator Valves) – These will allow you to individually set or switch off the radiator thermostats in different rooms
- Make your home efficient – Investigate your home for areas where you’re losing energy and heat. Look out for inadequately insulated lofts, walls without cavity insulation, doors, and windows that are not double glazed and floors that have gaps
- Save hot water – Reduce the temperature of your washing and cleaning appliances by 30°. This temperature is ideal for cleaning clothes and maintaining their good condition. Most homes can operate efficiently on a tank of hot water heated at least twice a day
- Annual service – During a boiler service, the engineer will help maintain your boiler in tip-top condition by cleaning out debris and troubleshooting issues that may cause problems in future
- Be alert – Regularly check your boiler, radiators and oil tanks for leaks, discoloration or damage
- Bleed your radiators – Removing air from your system will ensure your boiler is not straining to heat your home.
For the full list of 50 ways to save money at home visit the Hassle Free Boilers’ list.
Hassle Free Boilers offers a flexible payment plan that allows customers to pay monthly. Below are examples of the payment plans available.
- Low rate finance – This payment plan gives customers the option of buying a new A-rated energy efficient boiler on finance subject to status and terms. There are no deposit options with low rates depending on your credit rating. You can choose to pay off the boiler and installation in 2 to 8 years. An upfront deposit will reduce your monthly payments if you choose to pay a deposit upfront.
- Hassle Free Boilers pay monthly – This payment option allows you to make affordable monthly repayments as long as you have reasonable credit. Hassle free Boilers operates a What We Say Is What You Pay policy. The price quoted up front will not factor in upfront costs, deposits or hidden charges.
Your credit score can have a positive or negative impact on the pay monthly boiler financing that you can access. It’s advisable to check your score prior to a boiler replacement to rectify potential issues and help you negotiate a favorable annual percentage rate (APR).
Once you make the decision to replace an old inefficient boiler with a new A-rated boiler, you can expect to make savings on your energy bills. The savings made will most likely significantly outweigh the boiler installation or replacement costs incurred. It’s also worth noting that a new boiler has the potential of increasing the value of your property.