Having a new boiler installed is a costly piece of work. However, without a boiler you are not able to heat your home or even have access to hot water. With a boiler being the most used appliance in your home, it is important that you have the exact system which is going to be most efficient for the use it has. At Greener Homes we have introduced a flexible finance model and in our latest article we take a look at boiler finance – how does it work?
Why Would I Need Financing
Boiler financing has become very popular over the past few years, more so due to the fact that homeowners now do not need to have such a large outlay to have work completed. Financing also takes away the stress of knowing you need a new boiler installation but are not in a financial situation to do it. Our flexible payment methods with a market leading provider therefore make it accessible for those in need.
What Are The Benefits Of Financing
Other than just being able to spread the cost, there are a few key benefits that may make you want to consider the use of our financing service. A number of our customers are offered it as a solution, and once they look at the numbers behind it they tend to choose it as their preferred method of payment. Some of the key benefits associated to boiler finance – how does it work include the following:-
Access To Upgrades
Ensuring that you have access to upgrades in your home is a must, or even just having access to a new boiler when you need it. Your boiler is one of the most used pieces of equipment within your home, so the need to have one that works is vital for basic living. If you are in a position where you need a new boiler installed then our flexible payment plans with our finance provider could be the right option.
Lower Initial Payment
By taking out and looking at a flexible payment plan the initial payment will ultimately be lower due to the spread across a number of months. This will therefore help to ease the burden of needing a large upfront payment.
Spread Whole Total Over Time
We know that having a new boiler installed is a costly expense to your home, but also know that is a necessity. Therefore having the correct system installed will always be of benefit to you. By spreading the whole cost of a new installation over a period of time, you can ensure that you get exactly what you need at a flexible monthly repayment.
How Does Our Financing Work
Our boiler financing solution has been designed to be clear and easy for our customers to utilise. By taking the stress away from having a new boiler installed, we are able to ensure that all of our customers receive the products in which they need. Our flexible payment option also follows this ethos.
At Greener Homes we have partnered with a leading finance provider in Novuna. We chose this business as they are experts at providing finance and also flexible payment options to those that require home improvements. By utilising this service, you can ensure that the initial outlay is not as much. Prior to speaking with Novuna, one of our registered heating engineers will come to give you a quote on the work that needs to be completed. From here, we can then put you in touch with the advisors about payment options.
As with all finance options, there is an eligibility criteria that you must meet in order to be approved. This is all set out by Novuna themselves, so you need to ensure you have done your research beforehand. The criteria you need to meet looks like the following:-
- UK resident for more than 12 months
- Own personal bank account from which a direct debit can be taken
- Owner of property
- Permanent employment, working minimum 16 hours per week
- Self employed
- Retired
- On disability allowance
Our flexible finance options are a great way to ensure that your home receives the attention and work that it requires. Please do not hesitate to get in contact with us for more information, or use our quote tool to give some more details on your home.
To Conclude
Our guide to boiler finance – how it works should have given you a better insight to who we partner with as well as what the benefits are to utilising this service. Ultimately financing is a great way to go if you do not have a substantial amount of money to pay upfront. It will allow you to still have access to the systems you require as well as whatever works needs to be completed. At Greener Homes we are boiler specialists with a keen focus on boiler installations. For more information on our flexible finance please feel free to Contact Us.