With new research revealing that almost half of household income is spent on running a home – now is the perfect time to think about ‘going greener’ and buying new before winter kicks in.
The estimated annual cost of running an average sized three-bedroom home in the UK is almost £20,000 a year – that’s £1,634 a month.
This is according to the report by More Than Cost of Running A Home Report, which looked at the cost of running own and rented properties in 72 towns across the UK.
For a household with two working adults each earning the average yearly salary, around 43 per cent (rented) and 45 per cent (own) of post tax earnings are being spent purely on household bills and the rent or mortgage.
However, a new property - built to current energy saving standards and regulations could be around half the cost of running an older counterpart - say Linden Homes East Yorkshire (formerly Linden Homes North) and the NHBC Foundation.
Some eco-advantages and savings tips associated with buying a brand new home*:
Linden Homes are currently building at locations around East Riding, South Yorkshire, West Yorkshire and North Yorkshire.
* energy saving trust
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13 July 2016