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Boiler Prices And Ways To Pay For Your New Boiler

How much will your new boiler installation cost?

One of our experienced boiler engineers will give you a guaranteed fixed price quote – meaning that the price we quote you won’t ever change, even if we have to do any unforeseen additional work when installing your boiler.

All we need for an accurate assessment of your home and heating requirements is for you to answer a few questions over the phone. Alternatively, you can also talk to us via video chat. We will then talk you through your options and how much it'll cost.

We’re able to give you a guaranteed fixed price quote because our experience from years of installing boilers gives us the confidence that in 99.9% of the cases our phone assessment is correct. And should that ever not be the case, our Hometree Guarantee always works in your favour!

How do you pay?

You can pay your new boiler in full or pay monthly - it's entirely up to you.

If you want to pay in full

You can pay with most debit and credit cards. You'll pay the full boiler installation cost once we're finished and you're completely happy with the job.

If you want to pay in monthly instalments

1) Loan agreement through Hometree

Hometree in its role as credit broker can arrange a finance agreement to fund up to 90% of the cost of your central heating installation. A 10% deposit is always required in the case of a loan agreement. Access to a finance agreement is not guaranteed and you will need to go through a lender approval process which will assess your financial circumstances and your ability to repay the loan. The lender will also undertake credit checks on borrowers.

  • 9.9% representative APR
  • Only 10% deposit required
  • Make additional payments at any time (subject to charges)
  • Minimum loan amount £1,000
  • Loan terms available are 5 or 10 years

Example of a 5-Year loan:

Cash Price of Installation Advance Payment (Deposit) Loan Amount Term Monthly Repayment Total Amount Repayable (Excl. Deposit) Rate of Interest (Variable) Representative APR
£2,500 £250 2,250 5 years £47 £2,835 9.5% 9.9% (variable)

Example of a 10-Year loan:

Cash Price of Installation Advance Payment (Deposit) Loan Amount Term Monthly Repayment Total Amount Repayable (Excl. Deposit) Rate of Interest (Variable) Representative APR
£2,500 £250 2,250 10 years £29 £3,494 9.5% 9.9% (variable)

2) Other loans

You could also obtain a loan from a bank or other finance provider.

But wait, there’s more!

Switching to a new and more energy efficient boiler could save you up to £350 per year** (or £29 per month) on your energy bills. That means that if you decide to finance your new boiler over a period of 10 years, it could pay for itself because your monthly loan rates would be offset by the cost savings achieved by your new boiler.

* Hometree acts as a credit broker and not the lender and primarily offers products from, and is remunerated by Shawbrook Bank Limited. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration No. 204574. Registered in England and Wales – Company No. 388466. Registered address: Lutea House, The Drive, Warley Hill Business Park, Great Warley, Brentwood, Essex CM13 3BE. Shawbrook Bank Limited holds an Interim Permission from the Financial Conduct Authority for consumer credit activities; Interim Permission number 001927. Hometree is the trading name of Hometree Marketplace Limited which is authorised and regulated by the Financial Conduct Authority. Availability of credit depends on your status and credit checks.

** Energy Saving Trust Data