diff --git a/electrum/gui/qml/components/ChannelDetails.qml b/electrum/gui/qml/components/ChannelDetails.qml
index 6dba0e740..2ba369398 100644
--- a/electrum/gui/qml/components/ChannelDetails.qml
+++ b/electrum/gui/qml/components/ChannelDetails.qml
@@ -248,7 +248,7 @@ Pane {
                 dialog.yesClicked.connect(function() {
                     channeldetails.deleteChannel()
                     app.stack.pop()
-                    Daemon.currentWallet.historyModel.init_model() // needed here?
+                    Daemon.currentWallet.historyModel.init_model(true) // needed here?
                     Daemon.currentWallet.channelModel.remove_channel(channelid)
                 })
                 dialog.open()
diff --git a/electrum/gui/qml/components/OpenChannelDialog.qml b/electrum/gui/qml/components/OpenChannelDialog.qml
index 44545c04f..642e98ca6 100644
--- a/electrum/gui/qml/components/OpenChannelDialog.qml
+++ b/electrum/gui/qml/components/OpenChannelDialog.qml
@@ -227,7 +227,7 @@ ElDialog {
                     + qsTr('This channel will be usable after %1 confirmations').arg(min_depth)
             if (!tx_complete) {
                 message = message + '\n\n' + qsTr('Please sign and broadcast the funding transaction.')
-                channelopener.wallet.historyModel.init_model() // local tx doesn't trigger model update
+                channelopener.wallet.historyModel.init_model(true) // local tx doesn't trigger model update
             }
             app.channelOpenProgressDialog.state = 'success'
             app.channelOpenProgressDialog.info = message
diff --git a/electrum/gui/qml/components/TxDetails.qml b/electrum/gui/qml/components/TxDetails.qml
index ae220e179..06c6602b3 100644
--- a/electrum/gui/qml/components/TxDetails.qml
+++ b/electrum/gui/qml/components/TxDetails.qml
@@ -384,7 +384,7 @@ Pane {
             dialog.yesClicked.connect(function() {
                 dialog.close()
                 txdetails.removeLocalTx(true)
-                txdetails.wallet.historyModel.init_model()
+                txdetails.wallet.historyModel.init_model(true)
                 root.close()
             })
             dialog.open()
diff --git a/electrum/gui/qml/qetransactionlistmodel.py b/electrum/gui/qml/qetransactionlistmodel.py
index 478a7b8c1..33f2f4bde 100644
--- a/electrum/gui/qml/qetransactionlistmodel.py
+++ b/electrum/gui/qml/qetransactionlistmodel.py
@@ -32,6 +32,7 @@ class QETransactionListModel(QAbstractListModel, QtEventListener):
         self.destroyed.connect(lambda: self.on_destroy())
         self.requestRefresh.connect(lambda: self.init_model())
 
+        self.setDirty()
         self.init_model()
 
     def on_destroy(self):
@@ -71,6 +72,10 @@ class QETransactionListModel(QAbstractListModel, QtEventListener):
             return value.value
         return str(value)
 
+    @pyqtSlot()
+    def setDirty(self):
+        self._dirty = True
+
     def clear(self):
         self.beginResetModel()
         self.tx_history = []
@@ -139,7 +144,12 @@ class QETransactionListModel(QAbstractListModel, QtEventListener):
 
     # initial model data
     @pyqtSlot()
-    def init_model(self):
+    @pyqtSlot(bool)
+    def init_model(self, force: bool = False):
+        # only (re)construct if dirty or forced
+        if not self._dirty and not force:
+            return
+
         self._logger.debug('retrieving history')
         history = self.wallet.get_full_history(onchain_domain=self.onchain_domain,
                                                include_lightning=self.include_lightning)
@@ -155,6 +165,8 @@ class QETransactionListModel(QAbstractListModel, QtEventListener):
 
         self.countChanged.emit()
 
+        self._dirty = False
+
     def on_tx_verified(self, txid, info):
         i = 0
         for tx in self.tx_history:
diff --git a/electrum/gui/qml/qewallet.py b/electrum/gui/qml/qewallet.py
index 15871546a..06e874633 100644
--- a/electrum/gui/qml/qewallet.py
+++ b/electrum/gui/qml/qewallet.py
@@ -148,6 +148,9 @@ class QEWallet(AuthMixin, QObject, QtEventListener):
             self._isUpToDate = uptodate
             self.isUptodateChanged.emit()
 
+            if uptodate:
+                self.historyModel.init_model()
+
         if self.wallet.network.is_connected():
             server_height = self.wallet.network.get_server_height()
             server_lag = self.wallet.network.get_local_height() - server_height
@@ -187,7 +190,7 @@ class QEWallet(AuthMixin, QObject, QtEventListener):
             self._logger.info(f'new transaction {tx.txid()}')
             self.add_tx_notification(tx)
             self.addressModel.setDirty()
-            self.historyModel.init_model() # TODO: be less dramatic
+            self.historyModel.setDirty() # assuming wallet.is_up_to_date triggers after
 
     @event_listener
     def on_event_wallet_updated(self, wallet):