Martin Lewis' tip for slashing water bill in flats and three-bed homes
People living in flats or in houses with spare bedrooms could be wasting money on water bills - and one change could save them hundreds. Martin Lewis explained that unlike with energy, there is "no switching" and "no competition" when it comes to your water supplier.
Martin told viewers: "Many people who live in flats can't get a water meter. It's called 'not practicable' to have a water meter fitted, in which case you can ask for an 'assessed charge'."That's where they work out how much you would pay if you were on a water meter, even though you can't have one, and you're charged that rather than the water rates.
"Two people, three bedrooms - why would that be better on a water meter? Because water rates are based on the rateable value of your house, which is a proxy for the value of your house. "This can be hundreds of pounds. Now if you have a voluntary change, you usually have two years that you can switch back to water rates if a water meter isn't working for you.
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