I had exactly the same symptoms as most people on here and can definitively report that the fault is caused by the DRYING ELEMENT which has failed!
I forked out £165 for a 12-month service plan with Electrolux, and the engineer came with the spare drying element tucked under his arm! He said 95% of the time (with these symptoms) it’s the drying element and he always has at least 2 spares on his van at all times. He was only in my flat 10min and he’d fixed it – Electrolux must be ranking it in!
The spare part number is “1326228002” and costs around £40.
http://shop.electrolux.co.uk/product/1326228002/700+%2B+700+Watt+Washing+Machine+Drying+Element
A diagram is available here (http://tinyurl.com/pjsfyy3), and the part is numbered as 10. It is located inside a long stainless steel ‘tube’ right at the top-rear of the machine. Just remove the electric connectors and remove the drying element. (Make sure you’ve switched off the mains before trying this!)
Oliver
April 2014