House hunters urged to buy new to limit spiralling energy costs

People looking to buy a home in Wolverhampton are being urged to consider the energy efficiency benefits of new build homes to limit the impact of rising energy bills in 2014.

The UK’s big six energy providers have announced price rises of up to 10% in 2014, with the average rise predicted to be 7.2%*, which could take the average annual household energy bill to over £1,400.

Local developer Morris Homes says that the annual energy saving offered by a typical three-bedroom new home built to 2010 standards can be up to £360, compared to a similar property built to 2006 standards.

And according to new analysis by the NHBC and Zero Carbon Hub, people living in older Victorian properties could save up to £670 by moving into an equivalent new build home.

New properties are built to strict regulations to optimise energy efficiency, and reduce CO2 emissions. These measures include high-quality insulation and efficient boilers to help keep energy bills low.

Cindy Cade, sales director at Morris Homes, said: “One of the best ways for house buyers to limit their energy bills is to buy a new rather than an older, less energy efficient property.

“Properties built after 2010 offer much improved insulation and energy efficient boilers, which helps to keep monthly bills down.

“Thanks to initiatives such as Help to Buy it has never been easier to move into a new home and benefit from the savings they provide.”

Morris has a range of two and three-bedroom properties available at its two Wolverhampton developments, Eden Fields and Claremont, starting from £129,750. For more information, visit morrishomes.co.uk.