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Water bills may rise as companies take over responsibility for private sewers

18/11/2011
Right Equity Release

Water bills are expected to rise as companies take on the responsibility for maintaining private sewers. This will impact about 50% of all properties in England and Wales.

In the past property owners have been responsible for everything up to the main sewer, including the main connection to the sewer. However with this change property owners will now be responsible for all private drains within their boundary, with all sewers outside of property boundaries and shared sewers now becoming the responsibility of the water boards.

Although the move will stop customers being hit with surprise repair bills for sewers that they never knew they owned, the water companies are likely to raise prices to cover their increased costs arising from this move.

Homeowners aged over 55 years who are worried about rising water prices and would like to know how much money the value of their property could release to increase their income, can find out by contacting therightequityrelease.co.uk for equity release advice.


 
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