Can You Afford to Get a New Boiler?

Your boiler could be the most important item in your home – particularly when it comes to the winter months. That means that maintaining your boiler, or replacing your boiler, isn’t necessarily something that can wait until you’ve had the time to save up enough cash. But first you should check if you qualify for a government grant.

The good news is that if you’re struggling with the expense of a new boiler, there could be an option available that will help you to get the hot water you need without the wait. A personal loan could be a simple and efficient way to get your hands on the money you need, without having to worry about the risks of a secured loan. Personal loans are a form of unsecured loan that you can use to pay for almost anything you can think of.

While some people use their personal loan to pay for big vacations and parties, it may be a much better decision for you to think about using your personal loan to change your boiler for something that’s more reliable and energy-efficient. After all, the best thing you can do for ongoing comfort is ensure that your house is safe!

When Buying a New Boiler

Your boiler is a complicated piece of machinery, and that means that it’s not going to be cheap to get a replacement. A good boiler can potential cost you thousands of pounds, but it’s worth noting that the installation costs and replacement costs that you pay are often compensated for by the savings that you can make instantly by replacing your boiler.

If you want to make sure that you get the most out of your boiler replacement, it’s important to do a few things before you pay the cost of buying a new model. For instance, you could consider having your old boiler serviced, to see if that means that you no longer need to replace your boiler in the first place. Sometimes servicing a boiler can reduce a lot of the problems that homeowners regularly experience – although there’s a good chance that you’ll still need a replacement in the long run.

On the other hand, you can look for ways to make your home more energy efficient. For instance, you could consider investing in new, better insulated windows, or adding more insulation to your walls and loft. It’s also recommended that you take the time to draught-proof your home too.

When Should You Get a New Boiler?

There’s no need to run out and get a personal loan for your new boiler if you already have one that’s working perfectly fine. However, if you’ve had your boiler for a couple of years and you’re not sure whether or not you could benefit from an upgrade, there are a few signs that could help you to decide whether a boiler replacement is right for you.

For instance, ask yourself whether your boiler has begun to reach the point where you’re constantly paying out for someone to come out and make repairs to the system. If you find that it’s no longer cost-efficient to repair the problems that keep happening with your boiler every time you have to call out a qualified engineer, then this could be a good time to invest in a new boiler. In some cases, an expert will be able to tell you that your boiler is basically past the point of no return.
Another reason that you might choose to invest in a new boiler, is that your current model isn’t giving you the right amount of control over your heating systems. For instance, this might happen if your timer or control isn’t very flexible, or if you don’t have a thermostat that you can use. In these cases, a new boiler can be a good option to help you to reduce your heating bills and improve your home comfort for your entire family. On the other hand, there may be circumstances where you can get away with simply installing some new controls.

Other Reasons to Replace your Boiler

Another reason why you might want to replace your boiler, is that it’s getting really old. If your system has a dry cycle, for instance, this is a sign that you have a particularly old boiler. A dry cycle is a setting on older boilers that means that if your heating is on, but your home is already at the right temperature, the boiler will not switch off, but send more heat to an overflow radiator in the bathroom which means that you’re wasting a lot of energy.

Other signs that you have a boiler that’s particularly old, is if your boiler has a pilot lighter, or is set on the floor instead of against the wall. These are two signs that your boiler is much older and less efficient than it should be. is NOT a direct lender and our loan-matching service is free to use. We don't charge a fee, but there might be a charge from some lenders within our network. Emu is a trading style of Ready Money Capital Ltd. does not make lending or credit decisions, we are not a lender - as a broker we match customer's loan applications with lenders in our database depending on the information provided. Ready Money Capital Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number 802557. Licensed by the Information Commissioners Office (registration number ZA441875).

Warning: Late repayment can cause you serious money problems. For help, go to Emu is a broker, not a lender, and does not make credit decisions.