Inflation has finally dipped a little but is still riding high, and mortgage rates may still rise further: Britain’s households are suffering a pay squeeze. But what are home-owners still spending their money on – and what has fallen out of favour? Here is Spectator Life‘s guide to the winners and losers in the property market this year so far…
The winners…
Solar panels
High energy bills have kickstarted British householders into going green. During the first half of this year, sales of solar panels were up 82 per cent on the same period last year, according to MCS, the standards body. The hot spots of solar installations? Cornwall, Wiltshire and Aberdeenshire. Home-buyers are also keen on them, says Surrey buying agent Richard Winter. ‘Five years ago I’d only have one or two buyers if at all asking for them, but now more buyers are seeking them. However they must always ask if solar panels are included in the sale price.’
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