The Benefits of Boiler Finance

There’s no doubt about it, paying for a new boiler is a huge financial ask for most homeowners. While it may be a crucial part of any home and a sound investment, it doesn’t change the fact that it’s hard to find between £2k-£3k upfront. This is especially difficult when your boiler packs up out of the blue and you’re expected to find the money to replace it straight away!

Fortunately, there is another way, if the heating engineer you hire to install your boiler offers finance options. We explain more about how boiler finance can work for you in the following post.

How boiler finance works

When you buy a boiler you usually have the option to pay for it outright or sometimes pay for it via a finance agreement. When you do this you will usually put down an initial lump payment and then sign a contract to make the remaining cost over a set period of time. 

A finance agreement is legally binding and you must ensure you fully understand its terms before signing.

Some finance agreements involve paying interest. So you have the benefit of not paying for your boiler upfront, but you will end up paying more overall. However, some finance agreements offer 0% interest. This means that you’ll pay exactly the same as if you’d paid it all at once, but you are able to spread the cost which can help you manage your finances a bit easier. 

At Lakins Heating & Plumbing, we offer 0% finance on Worcester Bosch boilers, so you can enjoy all of the benefits of a reliable new boiler, without the huge hole in your bank balance! 

Offering boiler finance in Redditch & beyond

At Lakins Plumbing & Heating, as well as offering boiler finance options, we also promise our customers expert service and installation, based on our professional approach and our many years in the industry. 

We work in homes across Redditch, Alvechurch, Bromsgrove, Studley and Alcester, and would be happy to discuss our range of finance options with you, so you feel well informed to make a decision. 

If you’d like to find out more you can call us on 07976271681, email us at matt@lakinsheatingandplumbing.co.uk or send a message online by completing our short contact form.