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Martin Lewis on how to slash your water bills by hundreds of pounds – how does it work?

Martin Lewis on how to slash your water bills by hundreds of pounds - how does it work? 1

Martin Lewis is the Money Saving Expert who will help Britons by giving them money saving tips. With the tax year ending next month, he revealed how billpayers can save a huge amount of money on their water bills.

“That means a fall of £17 a year on the typical bill – though some areas will see an increase (Yorkshire water up by four percent).

“Although some bills will rise, many households in England and Wales will notice the price of their water bills go down.”

As well as enjoying this standard decrease, Martin told viewers about a trick they can use to save even more.

He added: “Though a nice relief, those in England and Wales could save even more by checking if they can switch to a free water meter instead.”

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Many Britons could save an incredible amount of money if they switch to a free water meter.

“My general rule of thumb,” Martin explained. “Is if your home has the same number or more bedrooms than people, then it’s likely you’ll save by switching to a water meter.

“Use the Consumer Council For Water’s calculator to see if you can save.”

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By doing this, homeowners would end up saving much more than £17.

He said: “Savings here can be huge like Anne who tweeted me ‘@MartinSLewis The best household saving I’ve ever made was to use a water meter.

“Bills reduced from £83 a month to £18!’ – that’s a saving of over £700 per year. It’s worth a check.”

While on This Morning, Martin told Britons stamp prices will rise in the next couple of weeks.

He explained: “Not quite an April change, but from Monday 23 March the price of a first-class stamp for a standard letter will increase from 70p to 76p and to 65p from 61p for a second-class stamp – the largest rise for eight years.

“For a large letter the cost will go up by 9p to £1.15 (first-class) and to 88p (second-class).

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