Get a Brand New Boiler, But Pay Monthly
At Max Shutler Plumbing & Heating we know your boiler is at the heart of your home, and the cost of replacing it when something goes wrong can sometimes come as a surprise as it’s not something that many of us save for – or something we want to spend our savings on!
Spreading the cost of your new boiler and paying monthly is steadily becoming the norm for many customers as there are now great boiler finance options available and we are excited to be able to offer the ability to spread the costs of your new boiler and installation over a repayment term that best suits you.
As an introducer for TradeHelp, we have joined forces with Worcester Bosch and Novuna Personal Finance to offer the below products
Finance is offered subject to status and credit check.
What is new Boiler Finance?
As the name suggests, a new pay monthly boiler allows you to get your new boiler installed without having to pay for its whole price upfront. You can spread the cost of your new boiler in affordable monthly payments over a set repayment term.
Is a Pay Monthly New Boiler a Good Choice For Me?
Unless you have access to spare savings and would just prefer to clear the whole cost upfront, pay monthly plans are a great idea. Here are a few reasons why:
- Most pay monthly new boiler plans are able to offer 0% interest free credit when the cost is spread over 24 months – so you’re not actually paying any more for your new boiler by opting to spread the cost. See our 0% interest free credit example below.
- Paying monthly gives you peace of mind that if another unexpected cost crops up in the next few months, you haven’t wiped out a big portion of your savings, as you are typically paying in the region of £78 per month, instead of £2,500 in one go.
- Securing a new boiler means you can take advantage of manufacturer warranties – this is a big plus as it means if the components in your new boiler fail – even if you’ve financed it – you’ll be covered by the manufacturers guarantee, saving you the cost of a repair.
Here are the two pay monthly new boiler plans we’re currently offering:
Example – 0% Interest Free Credit
Easy monthly payments
Spread the cost
Up to 12 years guarantee.
- Cash price: £2,500
- Deposit (Min 20%): £625
- Total amount of credit: £1,875
- Term: 24 months
- 24 monthly payments: £78.12
- APR: 0%
- Fixed rate of interest: 0%
- Total amount payable: £2,500
- Total charge for credit: £0.00
Representative Example – 7.9% APR Interest Bearing Credit
Easy monthly payments
Spread the cost
Up to 12 years guarantee.
- Cash price: £2,500
- Deposit (Min 20%): £625
- Total amount of credit: £1,875
- Term: 120 months
- 120 monthly payments: £24.25
- APR: 7.90%
- Fixed rate of interest: 7.90%
- Total amount payable: £3,535
- Total charge for credit: £1,035.00
4 Tips To Get A Pay Monthly Boiler
As we’ve mentioned getting a pay monthly boiler is a great option, but before you rush in, it’s important to consider all the options. Here are our top four tips;
- Ensure your chosen installer is Gas Safe registered and if they are fitting Worcester boilers, for example, make sure they are Worcester Bosch accredited installers. This will ensure you get the best warranty for your boiler installation.
- Make sure you compare new boiler finance deals and pick the option that you feel most comfortable with.
- Make sure you intend to be in your home for the full contract term, as if you sell your house you’ll be committed to continuing the boiler finance payments.
- Choose the right boiler for your needs. Depending on the size of your home you may require a Combi boiler, a Conventional boiler or a System boiler. Make sure you are looking at finance for the correct boiler type.
Pay Monthly Boiler Finance FAQs
Here are some of the most common questions we get asked about Boiler finance…
What is boiler finance?
Boiler finance is a way to spread the cost of a new boiler over time by making monthly payments. Instead of paying the full cost upfront, you can choose a finance option that suits your budget and pay for your new boiler in instalments.
Can I get a new boiler & pay monthly?
Yes, we offer finance options that allow you to spread the cost of a new boiler over time. By choosing a pay monthly option, you can enjoy the benefits of a new boiler without having to pay for it all at once.
What are the advantages of getting a new boiler pay monthly?
There are several advantages to getting a new boiler pay monthly. Firstly, it can make a new boiler more affordable, as you can spread the cost over a longer period of time. Secondly, you may be able to get a more energy-efficient boiler, which can help you save money on your energy bills in the long run. Finally, many finance options come with low or 0% interest rates, making it a cost-effective way to invest in a new boiler.
How do I apply for boiler finance?
To apply for boiler finance, you can fill out an application form. The finance company we use will then carry out a credit check to assess your eligibility for finance.
What factors affect the cost of a new boiler pay monthly?
The cost of a new boiler pay monthly will depend on several factors, including the type and size of the boiler, the complexity of the installation, and the finance option you choose. Generally, the larger and more complex the installation, the more expensive it will be. However, by choosing a finance option that suits your budget, you can make a new boiler more affordable and enjoy the benefits of a warm, energy-efficient home.
BOILER FINANCE