Are the buyers agents involved with the working of the process of getting a house?

NEA is warning that those on low-incomes, the elderly and the disabled will be particularly badly hit by a harsh winter and will be increasingly worried about how they will afford to heat their homes. As BP gets set to announce record annual profits of £9 billion, National Energy Action (NEA) has called on the Government to introduce a windfall tax on North Sea gas producers. Domestic energy consumers will experience increases of up to 20% this year because, as the Ofgem report published today highlights, global oil prices have reached record levels.

Gas exploration companies, including BP who are operating in the North Sea, are cashing in on these prices as international gas prices remain linked to oil. Retail suppliers are facing 50% increases in gas prices from the producers, which are now being passed on to domestic customers.

NEA believes that excess profits should be subjected to additional taxation to help mitigate the impact on households least able to cope with soaring fuel bills at the onset on winter. The Department of Trade and Industry (DTI) has established that for every 1% increase in fuel bills, 55,000 households will be plunged into fuel poverty over 600,000 vulnerable households are facing a winter of misery due to these additional costs and the Government’s targets to end fuel poverty are in jeopardy.

We must take action now to channel revenue from North Sea producers into sustainable energy schemes. Whilst shareholders and company bosses look forward to huge dividends and bonuses, we need to make sure pensioners and low income families get a fair deal. BIRMINGHAM welcomed over 250 delegates to a national conference examining the Government’s progress in eradicating fuel poverty this month. Commitment from Malcolm Wicks MP, Minister of State for Pensions DWP, First Home Buyer’s Australia to meet with NEA and Eaga to discuss how the benefits health check can be linked into energy efficiency programmes.

Debate and discussion on how energy price rises will affect the fuel poor and how best to mitigate the impact. To everyone’s relief there has been considerable progress in recent years in reducing the number of households living in fuel poverty. Despite this, the Government estimates that there are still 2.4 million fuel poor households in the UK and this represents a considerable challenge. The recently announced energy price rises will intensify this challenge and, if repeated across the whole of the industry, could add more than 600,000 extra households to the fuel poverty total in the UK.