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Boilers on Finance: Pay Monthly, No Deposit and Interest Free

Boilers on finance allows you to pay for your new boiler monthly at 0% interest in affordable installments, pay over 3, 5, 7 or 10 years, £0 Deposits and Low APR

Boiler on FinanceAre you looking for a boiler replacement, but cannot afford to pay for it outright? Or would you simply like to spread the cost over time? Or, like most, do you simply have better things to spend your hard earned money on like a holiday, ride-on lawn mower, or a pointless classic car.

A boiler can cost a considerable amount, typically in the region of £1,500 to £3,000, so if you do not have all the money together right now, it isn’t surprising.

If you're hoping to find that sort of cash behind the back of your sofa, you're likely to be waiting some time. AKA, forever.

So, why not consider spreading the cost over a timescale that is convenient for you? 2 years, 5 years, or why not go the whole way and pay tiny monthly payments for an entire decade? It's your choice, and that's the beauty of buying a new boiler on finance.

Need to know the cost of a new boiler, quick? Find out what replacement you need along with costs (takes 60 seconds).


New Boilers on Finance: Introduction

Pay Monthly Boiler Schemes Explained...

As the name suggests, pay monthly boiler schemes allow you to break down the cost of a new boiler and installation into manageable monthly chunks.

Unsurprisingly, the latest market data suggests that paying for boiler installation using finance in the form of a monthly payment scheme is becoming the norm amongst consumers.

Do you think that neighbour with the big house and snazzy car own everything outright? Newp - they're APR'd up.

This is a hugely positive development for customers, as it means that competition within the finance sector has increased and so there are now some very competitive boilers on finance options available from big banks, prime lenders and even sub-prime lenders for those with poor credit (more on that later).

Learn all about combi boilers in our what is a combi boiler guide. 

Paying monthly for your new boiler: How does it work? 

To make the whole process a little easier to digest, here's a brief overview of some of the most frequently asked questions in manageable bitesize chunks (just like your boiler's monthly payment):

#1 Pay monthly boilers - no credit check required? 

Boiler on Finance No Credit Check

Many people ask if they can secure boilers on finance, or a repayment plan for their new boiler installation without having to complete a standard credit check.

Unfortunately, a standard credit check is required, well, as standard, by all boiler finance and pay monthly lenders.

#2 Getting a boiler on finance with bad credit

Bad Credit Boilers

If you have a bad credit history (i.e, not good), then that does not necessarily mean you will be declined a finance plan.

Typically, as long as you do not have any recent CCJs or IVAs within the last 5 years, pass rates for boilers on finance are surprisingly high.

At Heatable, we quite cleverly work with a large panel of boiler finance lenders (both prime and sub-prime). This drastically improves your chances of being approved.

Sub-prime lenders are often able to help those with poor credit history, but, they'll typically charge a much higher APR % rate due to the risks.

Do you have a back boiler and want it replaced with a modern combi boiler? Ideal looking like an ideal choice? Get a fixed online price.

#3 New boiler finance deposits - are they required?

Boiler Finance Deposits

Simply put, you can pay nothing, or up to 50% of the loan amount (do note, a minimum loan of £1,000 is required).

A large deposit, for example, a 50% contribution can greatly reduce your monthly repayments, pushing the cost down to a measly £10 per month (ish). 

However, if you're looking at paying monthly for your new boiler, the chances are, you don't have access to a lump sum - that's the whole point.

So, in all honesty, large deposits are some-what of a rarity in the boiler finance world.

Curious to know which boiler brand performed worst? Find out in our report of the worst boilers

#4 New boiler on finance repayment term periods 

Pay monthly boiler repayment periods

As mentioned above, the repayment terms for new boilers on finance are very flexible, just like Slinkies.

If you pay over 10 years (that's a decade), your monthly payments for your new boiler will be lower.

If you pay over, let's say, 3 years, your monthly payments for your new boiler will be higher.

But, and there's a real but, the longer the term, the more interest you'll pay.

On average, pay monthly boiler financing payments for a new boiler installation plan are around £17-20 per month.  

Want to learn about the future of heating in the UK? Check out the latest innovation of hydrogen boilers.  

Pay monthly boiler finance summary: 

  • No deposit required (up to 50% optional)
  • Make overpayments with no penalty 
  • Spread the cost over 3, 5, 7 or 10 years
  • Interest rates from 9.9% APR

Interested to know which new boilers on finance you may be able to secure? Keep reading for the details, but if you are ready to get a personal free quote now, use our quick tool

Pay monthly financing plan examples (with our most popular boilers):

Worcester Bosch Boiler Finance

Worcester Bosch Greenstar i Boiler Payment Plans:

Fixed prices from £1,780 (get your quote online)

APR Deposit Loan Amount Term Monthly Payment Interest Total Payable  
9.9% £0 (0%) £1,780 10 Years £22.98 £977.36 £2,757.36
9.9% £780 (Max) £1,000 10 Years £12.91 £549.09 £2,329.08
9.9% £0 (0%) £1,780

3 Years




9.9% £780 (Max) £1,000 3 Years £32.01 £152.39 £1,932.39

Alpha Boiler Finance

Alpha E-Tec Boiler Payment Plans:

Fixed prices from £1,595 (get your quote online)

APR Deposit Loan Amount Term Monthly Payment Interest Total Payable  
9.9% £0 (0%) £1,595 10 Years £20.59 £875.78 £2,470.78
9.9% £595 (Max) £1,000 10 Years £12.91 £549.09 £2,144.08
9.9% £0 (0%) £1,595

3 Years




9.9% £595 (Max) £1,000 3 Years £32.01 £152.39 £1,747.39

*finance examples to be used for illustrative purposes only. Get a finance quote online for final figures.

Interest free boiler finance (0% APR): How does it work? 

Most boiler companies and finance providers can offer 0% interest free boilers, with payment terms over 12 months.


Want an exact price on a new boiler? Use our boiler quote calculator (no personal details needed).

Other, far superior boiler companies such as Heatable, are able to offer 0% for 24 months boiler financing. Yep, double the length on our new boiler pay monthly option. Simply put, that means our monthly payment would be half of theirs.

To get a fixed price on a new boiler on finance, with no interest, get a quote online.

With 0% interest boilers, you'll get exactly that. Boiler financing in the form of a loan from a bank or lender, where you won't pay a penny of interest over a set term. Instead of paying interest, the boiler company (i.e Heatable), will pay a subsidy to the bank - that's how they make their money.

Interest free boiler finance summary: 

  • No deposit required on the new boiler pay monthly scheme.
  • Make overpayments with no penalty.
  • Clear the balance with no penalty.
  • Pay monthly over 24 months (with Heatable). 12 months with most others.

If your radiator is cold at bottom, it may be a sign of a faulty boiler valve, in which case getting your new boiler replaced may be appropriate, check out the Worcester Bosch Greenstar 30i, which you can purchase through us. 

Interest free boiler finance examples (with our most popular boilers):

Worcester Bosch Boiler Finance

Worcester Bosch Greenstar CDi Compact (0% Finance):

Fixed prices from £2,095 (get your quote online)

APR Deposit Loan Amount Term Monthly Payment Interest Total Payable  
0% £0 (0%) £2,095 2 Years £87.29 £0 £2,095
0% £1,047.50 (50%) £1,047.50 2 Years £43.65 £0 £2,095

Viessmann Boiler Finance

Viessmann Vitodens 100 (0% Finance) Boiler Payment Plans:

Fixed prices from £2,130 (get your quote online)

APR Deposit Loan Amount Term Monthly Payment Interest Total Payable  
0% £0 (0%) £2,130 2 Years £88.75 £0 £2,130
0% £1,065 (50%) £1,065 2 Years £44.38 £0 £2,130

*new boiler finance examples to be used for illustrative purposes only. Get a finance quote online for final figures.


Who can apply for boiler finance? 

Well - anyone over the age of 18 can apply for boiler financing.

Which makes sense, because, if you're trying to buy a boiler before that age, you've matured way too soon.

Minimum Boiler Finance AgeNot only is there a minimum age for boiler finance applications, there's a maximum age too. Most lenders won't allow you to exceed the age of 85 by the end of the finance agreement, which is understandable.

You'll also need have been a resident in the UK for at least 3 years, and obviously have some means of earning money (either via employment, or some types of benefits/allowance).

If you choose to apply for a finance plan online via Heatable, you will also be asked to provide a valid UK passport or a valid driving licence, as well as a utility bill dated with the last 3 months of the application date. 

What's included when getting a new boiler on finance?

All our new boilers (when paid for via finance, or not) are fully installed by a Gas Safe engineer as standard, as well as this, you will receive the following extras as part of your boiler package: 

  • A wireless thermostat – for maximum control. There are optional upgrades to smart thermostats too.
  • Boiler filter – for maximum protection from sludge and corrosion. 
  • Chemical cleanse – to improve water quality, a leading cause of corrosion. 
  • Flue kit – a must-have for any new boiler installation, obviously.

Want to save money and energy on your heating bills? If so, you should consider installing one of the best smart thermostats.  

Will the new boiler on finance be of the same quality? 

A boiler on finance is of the same quality as one paid with cash directly - we don't cut corners.

The method you choose to pay for the boiler has no bearing on the service or boiler quality. 

You will receive the same warranty protection for the same period and the same quality of boiler, whether you opt for a Worcester Bosch, an Alpha boiler or a Viessmann boiler. 

Boiler finance can save you money - what... how? 

If you have an old boiler that is no longer covered by a warranty and is incredibly inefficient when compared to newer models, you are very likely to reap financial rewards of acquiring a boiler on finance. 

Why? Here's why boiler financing makes sense... 

A New, Long Warranty 

Worcester Bosch Guarantee

Securing yourself a new, modern boiler means that you are also covered by a warranty (sometimes as long as 10 years), meaning if the components fail or experience problems, the manufacturer will cover the cost of a repair and if necessary a complete replacement. 


Want an exact price on a new boiler? Use our boiler quote calculator (your fixed price will appear on screen).

If you stay with an old boiler, then it’s more likely to break down and since it’s no longer covered by the warranty, you need to consider how much that may end up potentially costing you. 

An engineer’s call out charge, plus the parts to repair your boiler can easily end up costing several hundred pounds.

Increased Energy Efficiency  

New boilers are far more efficient than the boilers of yesteryear, meaning they are better able to utilise the heat they generate and produce less waste. In practical terms, this means you use less energy in comparison, helping you to reduce your energy consumption and as a result save more money. 

For example, if you replaced an old G rated gas boiler with a modern A rated gas boiler, you could save as much as £315 a year on your fuel bill. 

As you can see, the potential savings you can make from replacing an old boiler mean that in many cases boiler financing can make a lot of sense. 

Apply for boiler financing today, and we could be fitting your new boiler tomorrow.

Interested in the new boiler pay monthly option? 

At Heatable, we fit new boilers from as little as £1,545, all over the UK.

Use this clickable form to get a fixed price on the screen instantly.

What's more, as we've already covered, our boilers come with warranties which are up-to 10 years long.

What's even more, we're able to offer low monthly payments with boiler finance, and even interest free boiler financing options.

Get a fixed quote on a new boiler installation in 60 seconds, here.

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Heatable is registered in England and Wales No. 08804726 (VAT No. GB205805920 ). Trading address is 1 Station Road, Great Sankey, Warrington, Cheshire, WA5 1RH. Heatable acts as a credit broker (not as a lender) and offers credit products through a panel of lenders. Heatable is authorised and regulated by the Financial Conduct Authority (reference no. 805259).

[1] Price based on a like for like combi swap in a 2 bed, 1 bathroom terraced home with a standard flue

[*] Installation dates are subject to installer availability

[ยน] only available on combi boiler installations

Financial Support: If you are in receipt of certain benefits, you may be entitled to claim a free boiler grant.