Energy Saving Advice to Help Protect Your Pocket

Every year Big Energy Saving Week takes place to raise awareness about energy efficiency, reducing energy bills, and combating fuel poverty. Below are some ways you can get involved and hopefully make a saving!

  • Check your Energy Bills – it is important to review your energy bills to gain an understanding of how much you’re using and ensure you are not paying too much.

  • Seek Energy Advice – speaking to your local energy advice services or online resources for reducing energy waste such as Energy Saving Trust and improving energy efficiency

  • Switch Energy Suppliers – take a look at other suppliers offering better rates or renewal options to lower your energy bills

  • Improve Home Insulation – improving your insulation, and adding insulation to your loft, walls or floors to keep the heat in can reduce heating costs

  • Access Financial Support – find out if you are eligible for any government grants or financial assistance programmes to help with energy bills
  • Share tips! – Be sure to share any saving tips and information with friends and family to help them save on their bills too

Recent posts

The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.

The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income. 

According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes. 

More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.

There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.

The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers. 

Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer. 

A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.