Funding new boiler / bathrrom

charlieg81

Hi I bought my first house just over 6 months ago and need a new boiler and bathroom. I live on my own so spending is tight and I am wondering what the best way to fund these improvements would be? I currently have a loan for my car and also a relatively small amount on a credit card which I used to buy furniture etc when I moved in.
Any advice would be gratefully received!

thebritishbloke

A 0% purchases credit card is probably your easiest way, although I'd personally advise you save up for the bathroom (or at least a sizeable amount of it) and then buy it. Obviously the boiler is probably a more important purchase.

charlieg81

Thankyou, I just don't have enough disposable income to be able to save up enough in a short enough time to get it done. I am thinking the card sounds the best option

dealer_wins

charlieg81 wrote: »

Thankyou, I just don't have enough disposable income to be able to save up enough in a short enough time to get it done. I am thinking the card sounds the best option

Warning sign that you are living beyond your means!!

Thinking that the answer to bills is borrowing is a recipe for financial ruin!!

Be careful!!!

forgotmyname

charlieg81 wrote: »

Thankyou, I just don't have enough disposable income to be able to save up enough in a short enough time to get it done. I am thinking the card sounds the best option

If you dont have enough disposable income to save how will you have enough to pay it back + interest?

Be careful. You dont want to be coming back here next year saying your cannot afford the repayments.

Not judging but been there and done it got the t-shirt etc. It was so easy to get credit back then. Having it now and paying later was not an issue. Until my wages dropped and a bout of sickness dropped that further. Then its a case of chasing your tail.

chesky

At least wait until you've paid off the 'relatively small' c.c. Then just get the boiler - but only if the current one is dangerous.

poppasmurf_bewdley

I got a free boiler earlier this year through eOn as part of the government's Green Deal.

See: https://www.eonenergy.com/campaigns/ageukeco to see if you could qualify.

I didn't have to pay one penny towards replacing my 20 year old boiler even though I am on LPG and not main gas.

Pixie5740

I managed to get a £500 grant and interest free loan when I installed a new energy efficient combi condensing boiler a few years ago. I think I found the funding through the energy saving trust's (Scotland in my case) website.

I also wanted to put a new bathroom in but my funds didn't stretch that far. In the end I just painted the walls, put in a new light, new toilet seat, new shower screen and some vinyl flooring I had left over from the kitchen and it looked good as new.