SELL YOUR HOME QUICKLYFood prices: The latest casualty of the credit crisis
The shopping trolley is the latest victim of the credit crunch, with Britons’ food expenses increasing by an expected £600 a year. While there has been no doubt that food has become a lot more expensive, the issue at hand is exactly how much more expensive it now is to fill a trolley.
Following in the footsteps of skyrocketing mortgage payments, food price inflation has caused items like pasta to increase by 81 percent, beef by 64 percent, eggs by 40 percent and butter by 62 percent in the last year.
According to the website My Supermarket, the price of an average shopping basket is up by 11 percent compared to a year ago.
The website calculates that a family who spent £100 a week on groceries 12 months ago would now have to pay an extra £572 a year. Add to that the increased cost of heat(ing?), electricity, water, petrol and council tax, and the average family needs an additional £1,500 a year just to keep their living standards on par.
Rising prices: Considering a private property sale?
Private property sale expert, MPG Investments, offers a quick and convenient solution to help counteract tighter budgets. Say goodbye to unaffordable mortgage payments and hello to a cash injection deposited directly into your bank account in only 7 days.
MPG’s Sell and Rent Back solution enables you to sell your house, receive a cash payment in only 7 days, and then to continue living in your own home as a renter – for up to 3 years!
Beat inflation with a private property sale to MPG Investments. Contact MPG today!
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