Energy bill rises should give pause for thought before buying a period property - Sarah Coles

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🗣 'Who doesn’t want to live in a beautiful, old, detached period property? Me, that’s who.'

Nationwide crunched the numbers on it this week.

The Office for National Statistics looked at the kinds of properties that tend to fall into each energy-efficiency category and discovered that the age of a property is the single biggest factor. The price of houses is still growing faster than the price of flats too, so a big, older property is going to mean hefty monthly mortgage payments.

Research by the University of York shows that 86 per cent of pensioner couples in the UK could be in fuel poverty by January 2023.Hypothermia is the most well-known and terrifying threat but it’s not the only problem. Being cold can raise blood pressure and thickness, which increases the risk of heart attacks and strokes.

It’s miserable that we’ve had to wait so long, and worry so much, while the political wheels have been turning at a glacial pace.We need decent support for those who need it, and we need that support now.Credit card borrowing grew atits fastest rate for 17 years in July, according to the Bank of England.

 

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