Jo Thornhill

London

Writer at Forbes Advisor UK

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Articles

Regulator Confirms Price Cap Will Fall £129 To £1,720 From July

2 weeks ago | forbes.com | Jo Thornhill

Energy market regulator Ofgem said today that the cap on the cost of units of gas and electricity and associated standing charges will fall by 7% (£129) a year when it is next revised on 1 July, writes Kevin Pratt. The reduction, which brings the cap down to £1,720 for a household with what is deemed typical usage (2,700kWh electricity, 11,500kWh gas per annum), is adjusted quarterly to reflect changes in wholesale energy prices and other costs faced by suppliers.
House prices – Forbes Advisor UK

2 weeks ago | forbes.com | Jo Thornhill

Discover the latest price moves and price trends across the UK housing market
Energy Price Cap Expected To Fall By Less Than Hoped In July As Inflation Fears Grow

2 weeks ago | forbes.com | Jo Thornhill

Analyst Cornwall Insight is predicting the energy price cap will fall by 7% – from £1,849 to £1,720 – at its next quarterly reset on 1 July, writes Kevin Pratt. Previously, Cornwall had forecast a 9% drop to £1,683. It says the change reflects higher wholesale energy prices and increased distribution network and policy charges. These include an addition to the cap of around £28 to help suppliers recover costs associated with consumer debts.
Asking Prices Hit Record Levels In Subdued Market - Rightmove

2 weeks ago | forbes.com | Jo Thornhill

We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and the beneficial impact of overpaying.
House prices – Forbes Advisor UK

4 weeks ago | forbes.com | Jo Thornhill

Discover the latest price moves and price trends across the UK housing market
House Price Inflation Steadies Following Stamp Duty Change - Nationwide

1 month ago | forbes.com | Jo Thornhill

We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and the beneficial impact of overpaying.
Energy Price Cap Set To Plummet 9% In July

1 month ago | forbes.com | Jo Thornhill

Market analyst Cornwall Insight says the cap on how much firms can charge households for the energy they use will fall by an average of 9% when the next scheduled review comes into effect on 1 July, writes Kevin Pratt. Set by the regulator, Ofgem, the cap is revised every three months to reflect wholesale energy prices paid by suppliers. At the beginning of April, it rose by 6%, or £111 a year, to £1,849.
House Prices Up 5.4% In Year To February - ONS

1 month ago | forbes.com | Jo Thornhill |Laura Howard

We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and the beneficial impact of overpaying. You can also enter your details here to see what’s available on today’s marketThe average property price was unchanged in February, according to the latest data released by the Office for National Statistics, but year-on-year values are up by 5.4%, writes Jo Thornhill.
House prices – Forbes Advisor UK

1 month ago | forbes.com | Jo Thornhill

Discover the latest price moves and price trends across the UK housing market
Mortgage News: Uncertain Market Outlook Triggers Fall In Fixed Rates

1 month ago | forbes.com | Laura Howard |Jo Thornhill

Find out what’s happening with today’s mortgage rates and calculate monthly repayments across a range of different rates and deals. A growing number of lenders, including Barclays, TSB and Coventry building society, are reducing the cost of fixed-rate mortgages, resulting in the return of deals priced below 4%, writes Jo Thornhill.