Cost of living

£1.5bn released from property to combat COL crisis

£1.5bn released from property as homeowners turn to equity release to combat the cost of living crisis

The latest analysis from specialist property lending experts, Octane Capital , has revealed that the nation’s homebuyers are turning to equity release to help combat the cost of living crisis, with the total value of equity released up 73% annually, driven by both an increase in volume and...

Rental demand in decline

Rental demand drops as tenants tackle the cost of living crisis

Research from estate and lettings agent, Barrows and Forrester , has revealed that tenant demand has started to fall across England’s rental market, with demand down by as much as -29% in some parts of the country.

The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score for each English county based on the number of...

Christmas dinner is 20% more expensive

Christmas dinner is 20% more expensive than last year…while cooking it will cost you 96% more

The latest research by RIFT Tax Refunds reveals that the average cost of a family Christmas dinner has increased by almost 20% since last December, while the cost of cooking it has soared by 96%.

As families gather to celebrate Christmas, there is widespread concern about energy prices and the rising cost of living. For many, this year’s festive budgets will be tighter than ever...

Homeowners to ditch Christmas lights

Homeowners to ditch Christmas lights as energy cap increase dampens festivities

Homeowners to ditch Christmas lights as energy cap increase dampens festivities

The latest look at the UK property market by estate agent comparison site, GetAgent.co.uk , has found that the huge energy cap increase endured by the nation’s homeowners is likely to dampen the Christmas spirit this year, as the majority plan to ditch their Christmas lights displays, while over a fifth...

Christmas retail spend

Christmas retail spend expected to drop by £2bn due to cost of living crisis

The latest analysis by RIFT Tax Refunds has shown that the cost of living crisis is expected to dampen the Christmas spirit of the nation’s consumers to the tune of £2bn, as retail sales are forecast to fall by -2.3% versus 2021.

The research shows that an estimated £82.2bn is forecast to be spent this Christmas, down not only on the five year peak seen in 2021, but also the pre-...

Energy efficiency

78% of homeowners feel their home could be more energy efficient

Research by property maintenance solution provider, Help me Fix , has revealed that 74% of homeowners now rank the energy efficiency of their home with greater importance as a result of the cost of living crisis, with many of them making home improvements in order to help cut their energy bills.

Help me Fix surveyed over 1,000 UK homeowners to have purchased their home within the...

Rent increases to slow

Property expert predicts rental surges will now slow as cost of living leads to boost in housing stock.

Rent rises could finally be set to slow down because more housing stock is becoming available due to the cost of living crisis, a property expert has warned.

A report last week revealed rents are outstripping inflation in more than a quarter of Britain's local authority areas.

According to Zoopla, prices have rocketed by at least 10.1pc in 102 council districts as tenants...

Downsizing

Downsizing could cut your energy bill by £1,550 per year

Research by property maintenance solution provider, Help me Fix , reveals that while it may be a drastic measure to take, homeowners can combat the cost of living and cut their energy bill by £1,550 per year by downsizing from a detached home to a smaller property.

The cost of living crisis has hit households across the nation and one driving cost behind this is our energy bills,...

Downsizing

One-third of retirees in South West have already downsized, with a further 11% to follow, as the cost of living bites

With the cost of living on the rise, new research by Churchill Retirement Living has found that over a quarter (27%) of retired adults in the South West are considering a part time job to keep afloat - and 14% have already gone back to work.

However, for the 56% who said they are not keen to return to work, the apartments at Churchill Retirement Living provide an alternative way for...

Government curb on short-term letting set to impact millions

As the cost of living soars, it comes as no surprise that many Brits are exploring side-hustles – and there’s one which is continuing to rise in popularity: short-term letting. However, the government crackdown on short-term rentals – including regular checks and higher fees – is set to impact many across the country.

The new government review of short-term tourist accommodation has...

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