Price rise to impact new homes less

Energy: The latest research by Unlatch, the platform for developers to digitise and accelerate new-homes sales, has revealed just how much cheaper energy bills are for new-build homeowners who stand to save as much as £800 a year when energy bills jump by 54 per cent.

The figures show that currently across England and Wales, the average existing household pays £825 per year in energy costs. However, the average new-build owner pays £401, making it 51 per cent more affordable, though a 54 per cent increase would be costly for both new and old homes.