Most of us have experienced the pains of moving house, it can be one of the most stressful times in life. In surveys, one of the items that has been shown to be a big regret when purchasing a property is; Not checking the heating system.
Suddenly finding out that the heating system for your new house is deficient is both a costly problem but can also take up valuable time trying to sort out getting it fixed or worst, replaced. So if you are buying a house with an oil tank, then keep reading to find out what you need to know.

buying a house with an oil tank

There are still some million or so properties out there that are reliant on oil tanks to provide hot water and warmth during the colder months. Quite often, we come across buyers who are inexperienced with Oil Heating systems and are looking for some advice in what to check and what to expect.

Remembering to check the state of your potential new property’s heating system during the buying process can save you this time and maybe money giving you one less thing to worry about.

Below is a useful guide of questions to ask and items to check off whilst in this process so you are fully aware of the situation.

When was the heating system last serviced?

  • Boilers should be serviced at least once a year to ensure they are running correctly and efficiently – especially after last winter’s extreme weather. Regular servicing can also help to identify problems before they become more serious (and expensive!) – so ask for evidence, such as servicing reports, which should be left as a record by the technician who did the work.

Did you use a qualified technician for any installation, servicing or repair work?

  • You need to check any heating work was carried out by an accredited professional as there is always the risk with unqualified technicians that work is not up to standard, which could potentially put homeowner’s safety at risk. If the property is heated with oil then ensure that you instruct a registered engineer to carry out any installation, servicing or repair work.

How much does the system cost to run?

  • Fuel bills are often the biggest cost for households. Speak with the vendor about how much you should expect to be pay to keep warm. For homes off the gas grid, heating oil remains the cheapest fuel, currently over 25% less than LPG and over 35% cheaper than Air Source Heat Pumps.
  • Looking for more information on costs? Check out How much does an oil tank installation cost?

When was the heating system installed?

  • Modern condensing boilers are far more efficient and cheaper to run. If the boiler is over 15 years old, it may be worth replacing it. Discuss this with the seller and you might be able to negotiate a discount if the system is due to be replaced. Upgrading to a modern condensing boiler can save up to 20% on fuel bills.

Can I see the paperwork?

  • To establish the boiler’s age, ask to see the ‘building regulations compliance certificate’ that should have been issued when the boiler was installed. If the owner does not have a certificate, it may mean that the boiler was not installed in accordance with building regulations, which is a legal requirement. This is something that you must check if you are buying a house with an oil tank.

Assuming that you have carried out the above checks, should you require any advice or assistance with your oil tank then, Oil Tanks Plus have over 25 years of experience in replacing oil tanks. Just fill in our Quick Quote form or give us a call and we’ll be happy to help you in any way we can.