Hi Rick, yes it's the reset button that flashes fast. Even if you reset it whilst water or heating is on it waits for 5 seconds then flashes come back again.
As it happens up until this guy left we would get regular red flashing on reset, now we have no pilot light, in his defense the board was resetting the pilot every several seconds... No water on board. It was a little orange strip across the bottom of the board that kept sparking, the cases are all back on now. :doh
We did look at the list of items in the manual it said, harness, fan or pcb I believe. Th fan is kicking in when the boiler is switched on and off so not that.
Oh forgot to mention, earlier the Irish chap managed to blow a fuse in the boiler somewhere... Had to switch off the house power
:augie