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Stair lift
finance
How can you pay for your
stair lift?
Are you entitled to any help
with payment?
Can you get a loan to pay
for a stair lift? Would that even be a good idea?
For many people, the cost of
stair lift finance is a major issue.
A number of different
options and choices may exist.
Help with finance can
come from various sources. Some local authorities will
install stair lifts in to the homes of the disabled or
elderly in the UK. The alternative may be to re-house the
person who needs the stair lift - which for local
authorities short of appropriate housing may be a far more
costly option. Putting a stair lift in someone's existing
home could be the more cost effective decision. Mobility
charities may sometimes be able to point people in the
direction of state or local authority help and some
charities can advise or help with stair lift
decisions.
Payment plans or stair
lift finance may be available from the stair lift
company you buy the device from. If you are considering a
loan to pay for a stair lift it may well be worth looking at
a number of providers - including specialist loan firms or
banks, who may offer a better rate than the installation
company.
Rental is a way that
some people use to budget their stair lift finances. Most
stair lift companies will ask for an initial lump sum fee to
install the stair lift, followed by monthly payments. Rental
may be worth considering if the stair lift is only required
for a limited period of time.
Used stair lifts can
be purchased for a lower cost than new stair lifts.
Suppliers often supply reconditioned or pre-owned units to
the public alongside sales of new items. In such cases the
cost is cheaper - but warranties may be shorter and you may
incur higher costs if the unit breaks down so you have to
weigh up the balance between these facotrs.
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