Can I get a boiler on finance?

Boilers are an integral part of almost any UK household. Responsible for fuelling central heating systems and providing homes with hot water, they help to keep us clean and comfortable, especially during the colder months. But, if your boiler is more than 15 years old, has broken down or needs serious repairs, it’s time you thought about replacing it.

If you’ve been thinking of replacing yours, you might have wondered ‘can you get boilers on finance?’. Well, the answer is yes, you can, and to help you find the best boiler finance deal, we’ve looked into the different options that are available.

Interest-free boiler finance 0% APR with no deposit

With this option, you can spread the cost of a new boiler over a length of time without having to pay any of the cost upfront. Instead, you make monthly repayments for several years. The length of time you can pay over also varies depending on which company you choose to install your new boiler. For example, e-on offer up to 3 years interest-free finance and British Gas offer it for 2.

We’ve created a representative example for a 3-year interest-free finance deal below, to give you an idea of what you could expect to pay:

Total cost of boilerDeposit amountAmount of creditAmount to pay each monthNumber of monthly repaymentsRepresentative APR (%)Total amount payable
£3,500£0£3,500£97.22360.0%£3,500

Boiler finance options with small deposits and interest

There are other types of boiler finance that involve paying a small deposit for your boiler and making monthly repayments whilst accumulating interest. Generally, these deals allow you to pay back over a longer period than interest-free finance options. The amount you pay back each month also tends to be lower. If you do end up paying a deposit, you can often defer payments for several months too. However, due to the accrued interest, you can end up paying back significantly more in the long run.

We’ve created a representative example for a 10-year deal below, to give you an idea of what you can expect to pay:

Total cost of boilerDeposit amountAmount of creditNumber of monthly repaymentsRepresentative APR (%)Amount to pay each monthTotal amount payable
£3,500£99£3,4011209.9%£43.97£5275.90

Boiler finance deals that accrue interest but require no deposit are also available from providers.

Can I get boiler finance with bad credit?

As is the case with other types of finance, those with a history of poor credit might be unable to pay for a new boiler on finance. This is because any applications are subject to a credit history check. However, there are companies that offer boiler finance for those who have a bad credit history. Yorkshire Boilers is one company that does this, but there are others too. We can get you a quote for different businesses who will be happy to discuss your options.

Where can I find boiler finance deals?

By using our innovative online quote system, you can compare the costs of different boilers. Many of the boiler providers we direct you to will also offer finance deals, which you can take advantage of if suitable to your requirements.

If you require more information on boilers and the types of boiler finance that are available, please feel free to fill in the form at the top of the page. However, if you’d prefer to speak to a member of our friendly team over the phone instead, please give us a call on 0800 084 5076.

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