Newcastle, UK

All About B&K's New Finance Offer

B & K Electricals are proud to announce that they now offer finance on a range of their services including bathroom installations and replacements, boilers, central heating installationscentral heating installations, and radiator installations. Finance is available on these services once repairs cost £300 or above.

If you are interested in purchasing your B&K repairs via finance, you will need to fill out one of the quick online forms for a free quote. You must meet the following criteria to be considered for finance:

Placing an order worth £300 or over

At least 18 years old

In regular full or part-time employment (minimum of 16 hours per week or £5000 per annum unless you are retired and receiving a private/company pension or in receipt of disability allowance)

Are a permanent UK resident and have lived in the UK for at least 3 years

Have a UK bank account capable of accepting direct debits

Have a good credit history with no late payments, debt relief orders, CCJs, IVAs, or bankruptcies

Provide an email address so your documentation can be emailed to you.

You will be offered the best rate available based on your credit history and the lenders’ credit decision policies.

Once you have been accepted for finance, you will be able to spread the cost over 60 to 120 month with an affordable 9.9% APR (Annual Percentage Rate). For example, if your repair costs £300 and you want to pay back over 60 months, you will pay £6.30 each month which will come to a total of £377.83. The shorter the loan the more you will have to pay back at a time, but the less it will cost you in the long term through interest. So when considering the length of the loan you will need to balance your short-term ability to pay against long-term savings.

B&K Electrical's now offers a fantastic finance option to make it easier for you to afford the inevitable costs of owning a home.

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B&K Electrical's have announced that they now offer a finance payment option and explained how this works as well as the benefits in a blog. For more details, please visit bkelectricals.co.uk/new-finance-offer/