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Buying a house with a pre-payment meter for Gas & Elec - help needed

Hi there

I am buying a house that has a prepayment meter installed for both Gas & Electric.

The house has been let out by the owners for many years and not all tennants have been timely with thier payments which is why it was installed.

Does anyone know if it costs anything to have this changed to normal monthly direct debit? Can all providers do this?

Its currently supplied by Southern Electric but having done a comparison in Uswitch it would appear that Southern Electric are the most expensive supplier for that Postcode so we would like to change.

Owners have told us as soon as we exchange contracts we can instruct the choosen supplier to carry out the change.

Anyone come across this before or have any advice?

Also, the gas box cover outside is old and broken (no door/side of it cracked). Does anyone know if i can get the gas board to replace the box and is it free?

Thanks

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    I've read this somewhere before...in the gas/electricity forum...
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Mezza1979
    Mezza1979 Posts: 48 Forumite
    Yes, I posted in both cause it concerns both and was'nt sure where i would get a response.
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    edited 14 March 2013 at 12:28PM
    MSE does provide a guide on how to switch from these meters for free but I didn't uncover it during a cursory search.

    Yes, you can switch to non-metered services. You may find that some companies charge or that some others will do it for free upon a credit check. You really need to hop around and find the best energy provider/tariff for you.

    For example, after debt ridden tenants in my partner's flat who had meters installed moved out, the current supplier wanted to charge £50 per meter to remove them and I easily found another provider who was happy just to perform a credit check to remove them and switch to direct debit.
  • julieb1987
    julieb1987 Posts: 246 Forumite
    We're in the same position. We have an overlap between our rental and our house we've bought. I am with Eon at the old place and I'm going to take them with me (pre-pay is on British Gas) and they don't charge to install a meter. Then I'll switch to a cheaper deal once it's in!
    First Time Buyer: Mortgage Offered, Searches complete, Exchanged 21/12/2012, Completion 04/01/2013! :beer:
  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have just purchased a house for rental that had a prepayment electric meter, I wanted this out.

    Southern Electric charged £56 to get the meter out. They wouldn't schedule an appointment until the day of completion which was a Friday but I phoned that day and they came out the following Wednesday.

    THey were a bit difficult on the phone and wanted me to keep the letter but I refused and they insisted on credit checking me which was fine.

    Hope this helps!
  • room512
    room512 Posts: 1,412 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    We moved into a rented property in August that had a prepayment electricity meter. We had to switch to the provider we wanted, have a metered supply for a month and then they swapped it free of charge. (This was EDF). They couldn't swap the meter until we had switched over to them.
  • greggymagic
    greggymagic Posts: 172 Forumite
    Part of the Furniture 100 Posts
    Hiya

    We bought a house that had prepayment meters for both GAS and Electric.

    We just transferred our existing suppliers to the new property and then go them to change the meters.

    Didn't have any probs at all so I'd say don't worry.
    I don't have to run faster than the bear.....I just need to run faster than you!
  • AlexMac
    AlexMac Posts: 3,063 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I bought a BTL flat last year with prepayment meters and British Gas said they'd change meters for free when I switched to them. I didn't bother in the end, as the agent said tenant should sort it out (and some might prefer prepay). So no prob
  • Dippypud
    Dippypud Posts: 1,927 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Mezza1979 wrote: »
    Hi there

    I am buying a house that has a prepayment meter installed for both Gas & Electric.

    Owners have told us as soon as we exchange contracts we can instruct the choosen supplier to carry out the change.

    Anyone come across this before or have any advice?

    Also, the gas box cover outside is old and broken (no door/side of it cracked). Does anyone know if i can get the gas board to replace the box and is it free?

    Thanks

    Some suppliers replace these ... some don't - rarely for free

    http://www.youtube.com/watch?v=96t78eYfen0
    C.R.A.P.R.O.L.L.Z # 40 spanner supervisor.
    No problem can withstand the assault of sustained thought.
    Only after the last tree has been cut down. Only after the last fish has been caught. Only after the last river has been poisoned. Only then will you realize that money cannot be eaten.
    "l! ilyë yantë ranya nar vanwë"
  • AlexMac
    AlexMac Posts: 3,063 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Further to " Also, the gas box cover outside is old and broken (no door/side of it cracked). Does anyone know if i can get the gas board to replace the box and is it free? ".
    British gas wouldn't replace a damaged meter box in our shared freehold flats once. So I went to a builder's merchant, bought one for 40-50 quid and fitted it meself; You don't even have to take the meter off the wall if you buy one as close a fit to the old one as you can.
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