'Good homes in key residential areas are still attracting a lot of demand and selling quickly, and there is still an undersupply of homes for sale across all price points. 'The changed market this year does make valuing homes more of a challenge, as similar properties may be valued slightly differently depending on how popular that specific road or that particular type of property is with buyers.'īruce Patterson, managing director at Corumin Ayrshire. 'We're seeing a reasonable level of activity this spring, as the market follows its usual pattern of being busy this time of year, though it has felt a little stop-start with the bank holidays quickly following Easter. Lars Gooch, operations director at Keatons in London. 'We're now seeing a much more normal market following the pandemic inspired frenzy, with good buyer activity for right-priced property, with many of our new instructions finding a buyer within a week.' Starting with too high an asking price, thinking you can always reduce the price later can be damaging to the prospects of a sale. 'It is the most accurately priced homes that are creating the most interest and attracting buyers. Vicki Foreman, associate partner at Brown & Co in Norfolk. We've reported today on positive data from Rightmove on the state of the UK housing market - with prices hitting record levels in May, according to the online estate agent.īut what do high street agents say is happening? In Northern Ireland, suppliers can adjust prices when they want, as long as it is approved by the Utility Regulator. The price cap affects customers in England, Scotland, and Wales. So if you use more energy, you will pay more. The overall figure is not a limit on what your total bill can be - it only reflects 'typical' usage. It also sets a maximum daily standing charge (what you pay for your home to be connected to the grid). The price cap sets a limit on the amount suppliers can charge for each unit of gas and electricity used. The energy price cap is set to be updated on Thursday - here's what you need to know:ġ/ The typical bill is currently capped under the Energy Price Guarantee at £2,500 - but this ends in June Ģ/ Since it has been in operation the EPG has overridden the price cap - which has been (relatively) good news for households as the currently-redundant price cap is currently £3,280 ģ/ Thankfully, due to falling wholesale costs, the price cap is coming down just in time for the EPG ending Ĥ/ The respected research specialist Cornwall Insight predicts the new cap will be £2,053 - bringing the typical bill down by around £450 a year from the start of July ĥ/ Thursday's decision will set the cap from July to September - then another review will take place Ħ/ Despite the fall, we'll still be paying £1,000 more than we were before the pandemic.

Electric power utility map