Following on from my post about how to keep a lid on your repair costs I’m now kicking myself even more because I’ve realised that I could have done even better than Patrick’s much more reasonable price of £1585 for a new boiler in one of my buy to let properties. I could have got the boiler for £0. That’s right, zero.
You might already be aware of this but I have to say this had passed me by until a few weeks ago.
If you have tenants on benefits, specifically tenants with children, or tenants who are pensioners, you, or more accurately your tenant, are more than likely eligible to receive a free boiler.
This is not part of the Green Deal, and so there’s no repaying back the cost through increased electricity bills or any of that. These are free boilers provided by the energy companies under duress from the Government. If you’ve ever wondered why your power bills are so high, this is part of the explanation; the power companies are giving away free boilers.
Here’s to successful property investing.