Property News > Annual cost of running household on the rise

Annual cost of running household on the rise

It has been a common theme for homeowners across the UK in the last few years, but there is further bad news for us all once again. The cost of living is still rising with energy bills and the general cost of upkeep among the most expensive issues that are causing many of us grief.It was discovered last week that the majority of people across the UK are feeling less confident about their own financial situation since the Budget on March 20th, and now many could find themselves a further £200 out of pocket thanks to the inflating cost of day-to-day life.In the past year, Halifax has reported that the cost of gas and electricity have been the issues that have affected us the most, with these commodities' prices increasing by a combined level of 4.2 per cent. At the same time, the cost of another utility - water - has risen by an average of 5.6 per cent across the nation, leaving many further out of pocket.Overall, the Halifax report stated that the cost of owning and running a home had gone up by £179 in the last 12 months with the essential charges we all face continuing to get higher and higher.If you are affected by this issue, you will be looking for any possible way to cut the charges that affect you to make sure that you can get onto a level footing and avoid falling into debt problems.To do this, your bills should be your main target. Look at cutting your outgoings by using price comparison websites that allow you to seek out the best tariff for your needs, helping you pay less for your energy.If this does not work though, and you find yourself thinking "I need to sell my home now", you should not panic. Try turning to Property Rescue. The company will give you a quick offer for your home that will allow you to sell and get back on your feet with a nest egg behind you.

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