Central heating 'no longer a luxury'
While house prices are far higher than they were 50 years ago, features which were once considered a luxury - such as central heating systems - are now commonplace, it has been reported.
Commenting on research from Halifax which found property prices have risen at a rate of 2.7 per cent annually, compared to a two per cent yearly increase in earnings over 50 years, the Daily Mail states many previously luxurious amenities are now considered basic.
Indeed, in 1967, 22 per cent of all homes had no basic hot water supply, but by the 1990s, this, along with central heating, was present in almost all households.
This could be one reason why homes are less affordable now than they were in the aftermath of World War II.
Halifax housing economist Martin Ellis said: "No doubt, there will be further dramatic changes over the coming years, most likely including ways that we are currently unable to foresee."
While many properties now boast central heating, a significant proportion rely on an inefficient boiler.
The government is keen to rectify this and recently announced it would make £400 available to a limited number of households to put towards upgrading their old G-rated boiler to a new condensing boiler.
Commenting on research from Halifax which found property prices have risen at a rate of 2.7 per cent annually, compared to a two per cent yearly increase in earnings over 50 years, the Daily Mail states many previously luxurious amenities are now considered basic.
Indeed, in 1967, 22 per cent of all homes had no basic hot water supply, but by the 1990s, this, along with central heating, was present in almost all households.
This could be one reason why homes are less affordable now than they were in the aftermath of World War II.
Halifax housing economist Martin Ellis said: "No doubt, there will be further dramatic changes over the coming years, most likely including ways that we are currently unable to foresee."
While many properties now boast central heating, a significant proportion rely on an inefficient boiler.
The government is keen to rectify this and recently announced it would make £400 available to a limited number of households to put towards upgrading their old G-rated boiler to a new condensing boiler.
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Just
wanted to thank-you for the speedy delivery. Usually we get given delivery
dates only to find that they have omitted to take into consideration that we
live in a rural area which takes an extra day or two, but you got it right.
Well done. It meant that we are able to have our boiler fitted today as there
was a cancellation of a training corse for the fitters that should have been in
Oban today.
Yours gratefully,
Jane Wilkinson
Yours gratefully,
Jane Wilkinson
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