The feed & expansion tank should not be above the main cw storage tank. This is against regulation, in case the small tank burst, you will have heating circuit water enter your domestic water. It should also have its own overflow pipe to the outside and not into the cw storage tank as many are.
With regard to minimum heights, yes there is. It is a calculation from the pump to the water level in the f & e tank. Depending on the head height of the pump, let's say you have a Grundfos 25/60, then the head height of the pump is 6m. The minimum distance is a third of this, so 2m. If your system is working correctly now with no air problems, then you can no the f & e tank to the same height or higher. If your heating pipes raise up into the attic, as some do, this can cause problems in this area. F & e tanks are usually located beside the cw storage tank. Do not alter where the f & e pipe enters the heating system, as this could cause "pitching".
It is not really a DIY job and only a small job for a professional.
The f & e tank will have no effect on your hw cylinder in the hot press. If you are trying to achieve a better pressure from your hot taps, raise the cw storage tank, not the f & e tank.