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for property developers

House and site developers will need to actively engage with the new business retail market when it opens from April 2017.

Some of the traditional relationships between property developers and water companies will change as the market develops into wholesaler and retailer services.

Given the developments in the market as we prepare for market opening, Ofwat has outlined a number of potential questions that property developers might have or could be asked. However in the first instance, developers should speak to their geographic water company (wholesaler) and/or any of the new retailers in the market about their current and future requirements.

It is important to note that the new business retail market opens on 1 April 2017 but the existing arrangements remain in place with water companies following existing obligations until then.

Vacant premises in the new market

It is acknowledged that determining the principal use of vacant premises, which affects its eligibility in the new market, may not be a straightforward matter.

Detailed information about the various factors to consider and a guide to determining eligibility is available on our vacant premises page, which addresses this specific issue.

further information

In February 2017 Ofwat published the final form of the market codes ready for market opening. Developers may find the section of the codes on building water and new connections useful.

You can find links to the Operational Terms in the Wholesale Contract relating to building water and new connections on our page containing further information for property developers.

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