Three Finance Options When Buying a New Boiler

All boilers should be serviced annually, but there comes a time when they will need to be replaced, as wear and tear gradually creep in. As boilers can be costly, there are a number of options to suit your needs, from loans with fixed interest rates to paying for the boiler monthly or in a lump sum. As with any purchase, it’s important to read the small print before agreeing to the purchase.

Image Credit: https://commons.wikimedia.org/wiki/File:Boiler_and_Cylinder.jpg

Flexible finance options are available

Flexible finance means you pay the total cost of the boiler over a fixed repayment period. It’s important to look at the total cost and the length of time you have to pay. Also consider the cost of the deposit and the total interest to be paid. Lower upfront costs can be attractive in a low interest deal, but higher rates may apply when the interest free period ends.…