Boilers on Finance
Are you looking for a new boiler on finance?
Here at Effective Heating, we have, through Homesmart Finance, a wide range of new boilers on finance available using one of our flexible payment options which will enable you to get your new boiler without worrying about finding the money up front. We understand that when your boiler breaks down this is a stressful time so we have decided to take one of the biggest worries away from you.
Whether you are looking to pay for your new boiler upfront or spread the cost using one of our popular boiler finance options, Effective Heating offers fixed price quotes with flexible financing to help make your life easier. We also accept all forms of payment including debit cards, all major credit cards, bank transfer or cheque for your new boiler on finance.
Paying for your new boiler on finance has never been easier with our flexible payment terms. You will have the opportunity to choose one of the Homesmart Finance options below and can make your application through Homesmart Finance online or over the phone.
Effective Heating Ltd, 1 Boston rd, Leicester, Leicestershire LE4 1AA , an Effective Energy Group company is authorised and regulated by the Financial Conduct Authority (FRN 814597) as a credit broker for the supply of goods and services.
If you’d like to discuss any of our flexible payment plans in more detail, give us a call on 0333 003 0703.
Interest free finance for 12 months
Spread the cost of your new boiler over 12 months with 0% interest and no additional charges. This is a fixed term loan over an agreed period with repayments commencing approximately one month after delivery. The interest rate is 0%, which means that you will pay no interest charges. You also have the option to clear the balance at any stage.
- Spread the cost over 12 months
- Clear the balance at any stage
- No additional charges
- 0% interest
Pay As You Save
This is a fixed term agreement with a total term of 48 months. At the time of the application you will be given a date (12 months or less from the date of application) when your first payment will be taken. If you choose to settle the balance on or before this date, then you will not incur any interest charges. The only charge that you will have to pay is a £29 settlement fee.
If you don’t settle the balance before the first scheduled payment date then the first of 36 scheduled direct debits will be taken. Interest will be applied at 14.9% and will be calculated over the full term (including the deferred period). You also have the option to settle the agreement at any stage however a settlement fee will be applied.
- 0% interest for 6 months
- No settlement fee
- Total term of 48 months
- 9% interest after 12 months
Cash price of £2600. No deposit. Total amount of credit £2600. If not settled in deferred period then 36 monthly payments of £94.17. 14.0% per annum fixed. Total charge for credit £790.12. Total amount repayable £3390.12. Representative APR 14.9% fixed
|Deferred Period (Months)||Repayment Period (Months)||Total Term (Months||Interest Rate (APR)||Fee to Settle||Minimum Advance||Administration Charge by Toriga to installer||% Finance charge by Toriga to installer|
|Up to 12||36||48||14.9%||£29||£500||£75||7%|
Monthly Set Price
This option allows you to pay for your new boiler over 3 to 10 years with an interest rate of just 9.9% APR. You can also make overpayments or lump sum payments that will effectively reduce the amount of interest charged and reduce the overall repayment term.
This option is where you will make fixed monthly payments over a fixed term. The interest charges will be calculated in advance over the full term of the credit agreement at an agreed rate (APR) and applied on the date of the agreement.
- Choose from a 3 to 10 year payment plan
- Overpayments and lump sum payments allowed
- Just a 11.9% interest rate
Cash price of £2600. No deposit. Total amount of credit £2600. 120 monthly payments of £36.26. 11.3% per annum fixed. Total charge for credit £1751.20 Total amount repayable £4351.20 Representative APR 11.9% fixed
|Minimum Term||Maximum Term||Interest Rate (APR)||Fee to Settle||Minimum Advance|
|3 years||10 years||9.9%||£0||£1,000|