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Catch @PaulShamplina speaking with Nick Do Bouis on talkRADIO at 3.30pm today about Rachel Reeves expected announcement in the October Budget on a Capital Gains Tax raid on landlords on average of an extra £11k.
New energy price cap predictions from @CornwallInsight
- Down 5.3% on average in Oct compared to current price (a touch cheaper than prior prediction)
- Up 5.1% Jan 24 (a touch more than prior)
- Down 2.2% Apr 24 (a touch more than prior)
- Down 2.5% July 24 (new prediction)
Though those for next year are somewhat in the realms of crystal ball-gazing.
The image shows same info using Ofgem's typical use. However, confusingly the definition of typical use changes in October (as people now use less) so we've done it for the new and the old below.
PS I know many want to know likely standing and unit charges - but the split between them is a policy decision by Ofgem made at each price cap announcement, so it's v impossible to say (especially as there's a consultation on about it right now). So take the assumptions in the table below with a giant spoon of salt.
A Realtor told me this week it's taking buyers losing an offer to realize it's not a real estate buffet where they can take whatever they want. Buyers, you do have more power, but there is still competition - especially for lower-priced units and homes that check all the boxes.