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Loan claims: Save money 'with efficient heating systems'

People struggling to find the cash to pay off loan charges and bank claims may wish to examine the efficiency of their central heating systems.

TV presenter and interior designer Julia Kendell argued every modern device is more efficient than its older counterpart.

Furthermore, members of the public can apply for subsidies and grants to help them cover the cost of these sustainable improvements, she declared.

New technologies could also be examined, the designer stated.

The specialist remarked: "Even though there's quite a high initial investment, it does pay off in the end."

Households with older heating systems ought to analyse the offerings on the market, Ms Kendell said, adding: "They're worth looking into."

She noted she does not want to be "too specific about what heating system if going to work for what property".

Homeowners may also wish to consider reducing their energy bills with insulation, with the Energy Saving Trust pointing out lagging a cavity wall can cut domestic fuel bills by as much as £135 every year.

Amir Hussain
Amir specialises in personal loans, consumer debt and debt management.ADNFCR-2776-ID-801379794-ADNFCR

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