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Financing your boiler purchase
Azure Plumbing and Heating are now a member of a scheme which means we can introduce a loan option from Phoenix Financial Consultants Limited ("Phoenix"). This loan can only be used to finance central heating equipment.
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Phoenix acts as a credit broker (it is not the lender) and can introduce you to a loan for the full cost of the boiler from a panel of lenders. Loan approval is not guaranteed and you will need to complete a short loan application which will assess your financial circumstances and your ability to repay the loan. Your credit file will be searched by the lender.
Key Features of the loan
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Loan terms available are 3,5,8 and 10 years and you can borrow between £500 and £15,000.
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Interest rates available start from 9.9% APR. You may be offered a higher interest rate depending on your financial circumstances.
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You can pay a deposit if you wish or apply to borrow the full amount.
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Overpayments and early repayments can be made at any time. If you make overpayments you will avoid future interest and the length of the loan will be reduced.
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You will need to decide if the loan is right for you. Neither Phoenix or Azure can give you any financial advice.
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Representative example:
Cash price of product: £2,500, Optional Deposit: Nil, Loan Amount: £2,500, Term: 5 years, Monthly repayment: £52.48, Total amount repayable: £3,149. Interest rate 9.9% (fixed), Representative APR 9.9% (fixed)
Next Steps
If you wish to apply for a loan Azure Plumbing and Heating can assist you with the simple application. If your loan is approved, once you sign the loan agreement, our engineer will arrange an installation date to suit you. Your first loan repayment will be taken by direct debit one month after the installation of the boiler.