Money Saving Expert Martin Lewis has issued an important message to anybody paying a mortgage in the UK.
09.03.2022 - 23:25 / manchestereveningnews.co.uk
On last night's episode of the ITV Martin Lewis Money Show, viewers were treated to an hour-long special focusing on the rapidly increasing cost of living.
Martin Lewis was joined by co-host Angelica Bell to discuss everything to do with rising household bills - something which is set to affect every bill-payer in Britain.
One of the segments covered the increasing cost of water bills - which are set to rise by 2 per cent on average in England and Wales.
He went on to share a useful tip that can help viewers save money on their water bill - getting a water meter.
He said that if you have for example a four bed house with only two people in it, a water meter should save you money.
He started off by saying : “If there are more or the same number of bedrooms as there are people in your home if you live in England and Wales - it is likely that a water meter will cut your costs.
“Go onto ccwater.org.uk which is the Consumer Council for water.”
He then explained: “when you apply for a water meter you have up to a year, usually as long as you are not forced to have one, to change your mind.
“If they say you can’t have a water meter you can ask to have an asset charge which effectively assumes what water you would use.
"The reason this all works is because the rate is based on the value of your house.”
Martin later went on to reveal a "water saving freebie" tip which can save you even more money on your water bill.
"Finally on this, just worth noting, there are hundreds and thousands worth of free water saving freebies, put your post code in SaveWaterSaveMoney.co.uk, that's not just for water."
He added: "Even if you don't have a water meter remember much of the water we use is heated so we pay to heat it so if we use less hot
Money Saving Expert Martin Lewis has issued an important message to anybody paying a mortgage in the UK.
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