New Boiler Pay Monthly

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.

We have joined forces with Worcester Bosch and Hitachi Capital to offer the below new boiler pay monthly products.

Boiler 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 10 tips;

1. 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.
2. Make sure you compare new boiler finance deals and pick the option that you feel most comfortable with.
3. 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.
4. 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.

Interested in paying monthly for a new boiler installation?

If you are interested in pay monthly plans for your new boiler then please get in touch with Max to discuss your options.

Max Shutler Plumbing & Heating Limited (FRN 923554) is an Appointed Representative of Consumer Credit Compliance Limited who are authorised and regulated by the Financial Conduct Authority (FRN 631736).

The permissions of Consumer Credit Compliance Limited as a Principal firm allow Max Shutler Plumbing & Heating Limited to undertake credit broking. Max Shutler Plumbing & Heating Limited acts as a credit broker and not a lender and do not receive a fee for the introduction.

Credit is provided by Novuna Personal Finance, a division of Mitsubishi HC Capital UK PLC, authorised and regulated by Financial Conduct Authority. Finance options are offered subject to status and credit check which must be completed before commencement of works. A 14 day cooling off period applies to all applications. If cancelled within 14 days, alternative payment of full outstanding balance must be made.