News & Updates | Page 32 of 43

The wholesale gas price has tripled in 2021. Even if you aren’t on gas at home, half the UK’s electricity comes from burning gas so, this affects everyone. Even though domestic bills have been protected from the majority of this with the Government’s price cap, energy bills will rise by at least 50% in April. This means the average energy bill will rise by £60 per month in the spring, thus producing a potential cost of living crisis.

    The average house price in Rugeley has increased by 204.7% to £269,700 in the last 20 years, a profit of £181,200   That means, when adjusted for inflation in those two decades, Rugeley house prices have risen in real terms by 132.6%  W hat does this mean for existing Rugeley homeowners and first-time buyers trying to get on the Rugeley property ladder?

Finding your next Rugeley property, be that for yourself to live in or as a Rugeley buy-to-let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice.

Traditionally, if you had not sold your Rugeley home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this year as the various lockdowns have caused a surge in house buying right up until when the Christmas edition of the Radio Times goes on sale. So, the question is, how will 2022 look regarding the Rugeley property market?

Should OAP homeowners be forced to sell their large Rugeley homes to make  way for younger Rugeley   families to live in them? That is what the Housing Minster suggested recently. Or should the Government keep their noses out of how and where people live?  All discussed in this article”

House prices tend to rise with inflation, so with the 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 Rugeley homeowners.