PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Utility warehouse charging tenants £100 per service

Utility warehouse have begun to charge tenants £100 per service whereas they do not charge homeowners anything . can anyone tell me if there is a similar system in place for other electricity or utility companies.?
I am trying to gather more information on this for a blog post so if anyone can help it would be most appreciated as with increasing numbers of tenanted households this seems very unfair and discriminatory.

Comments

  • whalster
    whalster Posts: 397 Forumite
    I should have said £100 per service as a bond against default
  • specialboy
    specialboy Posts: 1,436 Forumite
    Haven't got the foggiest what you are on about, if you elaborate a little maybe someone can help.
  • bloss0m
    bloss0m Posts: 1,923 Forumite
    1,000 Posts Combo Breaker
    I would have thought any company doesn't have to give credit to customers, maybe they feel tenants are a higher risk and hence want a bond. How do you know it doesn't apply to some home owners?
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    So they pay £100 extra upfront....or what. A prepayment meter?
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • 45002
    45002 Posts: 802 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    whalster wrote:
    Utility warehouse have begun to charge tenants £100 per service whereas they do not charge homeowners anything . can anyone tell me if there is a similar system in place for other electricity or utility companies.?
    I am trying to gather more information on this for a blog post so if anyone can help it would be most appreciated as with increasing numbers of tenanted households this seems very unfair and discriminatory.
    whalster wrote:
    I should have said £100 per service as a bond against default


    Shop around for another supplier

    This was on CAG a few years ago, UW where asking for £200 deposit from some new customers.

    All Utility suppliers can ask for a deposit in advance to cover future bills if necessary , depends on your credit rating so on and regardless of if your a tenant or homeowner.

    or they can fit a PPM....
    Advice given on Assured and Regulated Tenancy, Further advice should always be sought from a Solicitor....
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    as above all providers bg etc can ask for this, a tenant is higher risk same as if you apply for a loan
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.9K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.