A job I know nothing about - how would "the panel" close up a chimney, either from above or below. I just want to stop the expensive warm air literally going up the chimney.
I've got no gas or similar fires which might require the extra air flow.
Chimneys must remain ventilated top and bottom, so it's not a complete no-brainer getting this right.
How old is the chimney and is it just a plain brick one, or lined? Is the chimney on an outside wall, and/or how much is exposed?
Easiest is for a brick chimney on an outside wall. You block it off at the bottom (either brick up fireplace, or keep fireplace and block off flue above it with a piece of plasterboard with loft insulation on top). Behind the point where you have blocked it off, knock out a brick to the outside and fit an air brick, which ventilates the bottom of the flue, but without any draft in the room.
All you need to do is keep the flue ventilated top and bottom. If you cap off the top without ventilating it, then it will fill with moisture which can't get out, and you'll have damp problems.
Capping off at the top will prolong the life of the stack, but that's providing you cap it with a vent. Otherwise it will shorten the life of the stack due to damp buildup freezing.
BTW, the loft insulation is there for two reasons
to act as insulation as the flue will be open to the outside.
to cushion the fall of anything that comes loose and drops down the flue, hopefully preventing it breaking the plasterboard.
I wanted something almost invisible from the ground. I used these:
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didn't run the straps down the outside of the pot, but dropped them down the inside with a couple of bricks weighing it down, dangling about 10' down the inside of the flue so it can't blow off.
The top does not seal against the pot, and makes a vent.
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