Replacing a boiler can be an expensive project, especially if the replacement is necessary but unexpected. This fact has caused many homeowners to balk at the idea of changing out an old unit in preference of one which is more efficient. However, there are some ways that the financial impact of a boiler replacement can be lessened. Many consumers are unaware that the U.K government has some interesting plans in place to help keep boiler replacement costs low. How can these help to cut such potentially high costs?
Choices For Keeping Boiler Replacement Costs Low
Finance is available to help with your boiler replacement cost
Much like traditional financing, it may be possible to avoid paying a lump sum by making regular installments per month. There are instances when payments can be as low as £20 pounds and the total repayment plan can last anywhere between five and ten years. The major benefit here is the the boiler will be repaired (usually) at no additional cost during the entire repayment time period.
Home Improvement Grants?
There are inevitably times when a consumer may have a poor credit history. This may make financing a boiler impossible (similar to being denied for a traditional loan). Another option could be to speak with a local council. Many organisations have home improvement grants in place. They might be able to address a significant amount of the costs of a new installation. If not, an official will likely be able to provide timely advice as well as further websites to contact.
Boiler replacement costs can be high and this can be a significant investment and yet, it is absolutely essential in order to keep a home or business as comfortable as possible. These are two methods which can help to address any financial issues that consumers may have. Additionally, it is always wise to obtain an estimate from reputable plumbing firms within the area.
Reference Sources
1. http://www.boilerquote.net/boilers-on-finance.html
2. http://boilergrants.org.uk/news/