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Bills Cost More Than Mortgage In '06

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Bills cost more than mortgage in '06

By Laurie Osborne, Editor

Published 15th Mar 2006, (a Wednesday) at 09:00AM

Homeowners will spend more money on council tax and utility bills than they will on mortgage interest payments for the first time this year, according to Halifax research.
Recent increases in the cost of electricity and council tax forced the cost of owning a home to rise by more than three times the rate of inflation last year.
The figures, which run to March, do not include recent gas and electricity price rises

With more pain to come as gas and electric bills get a few more bumps this year, landlords may have to reduce the rents by a corresponding amount--or lose their tenants.

The "Miracle Economy" certainly seems to be unwinding faster than we all thought?

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For me, with family of 6, it's the supermarket bills that are a major outgoing.

We switched from Waitrose to Lidl for most stuff - hell of a difference in price, with no change in quality.

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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