House prices tend to rise with inflation, so with UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Hitchin homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a decade. This jump in prices (inflation), pushed mainly by increasing fuel and energy costs, placing further pressure on Hitchin household budgets. So, what will this rise in...
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Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Hitchin landlords with potential bills of £7,600+ in the next four years? The background - the UK has obligated itself to a legally binding target to be carbon neutral by 2050. One of the biggest producers of greenhouse gasses is residential homes. To hit that...
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The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated that many British homes are “under-occupied” and could be better used by younger families with children. He went on to say that the Government will aim...
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