Tuesday 17 May 2011

Cost of running a home rises again - Spend & Save , Money - The Independent

Cost of running a home rises again - Spend & Save , Money - The Independent

The cost of running a home has risen to its highest level since 2008 on the back of soaring utility bills, research indicated today.

The annual costs associated with owning and running a property have jumped by an average of £127 or 1.4% during the past year to stand at £9,083, according to Halifax.

Homeowners have seen increases in nine out of the 11 expenditure categories that the group measures, but the biggest rise has been in gas and electricity bills, with hikes to these accounting for £68 of the total increase.

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