Except there is a significant flaw with this.....
View attachment 156769
..... with the above arrangement, when both heating and hot water valves have opened and their internal microswitches have operated, they become electrically linked together so that when the room thermostat goes off, the heating valve won't close because its motor will still be receiving power via the microswitch from the hot water valve.
This means that both the hot water and the heating will both have to be satisfied before heating valves closes. That is why both orange wires must be connected to a permanent live, and not a switched live.
EDIT
Sketch below illustrates:
View attachment 156774