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Contracts and terms

Is there a law that states a company signing a customer up a contract at one price has to stick by that price for a set period of time before increasing it? As I have been looking to sign up to BT Fibre Optic Broadand and upgrading yet it is putting me off that a month into the contract they will up the price.
I think it is about time if they are offering contracts you must be given the price for the term of the contract eg 12 or 18 months or at least the price you signed up for should last for 6 to 12 months before increasing. As the contract is very one sided in there favour!!!!:(:(:mad:

Comments

  • Ypaymore
    Ypaymore Posts: 2,802 Forumite
    Its on Ofcom,s list of things they are looking at.
    See: http://www.saynoto0870.com/cgi-bin/forum/YaBB.cgi?num=1350664597
  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Not unless it is a fixed price contract. Telcoms contract never are.
    No free lunch, and no free laptop ;)
  • Buzby
    Buzby Posts: 8,275 Forumite
    You overlook a basic problem - as OFCOM will eventually find out. You contract is for SERVICE, and NOT price. The price you are charged is called a 'Tariff' and is totally separate from the contact, and is variable at the rate prevailing at the time you sign up - the service contract is not fixed by duration or cost.
  • Surly though if your signing up to a service one month its rather un fair to up the price the next. Why have a contract at all as seems totally in there favour and not the customers. Surly it should be classed as an un fair contract term? anyway thanks for help

    I am sole trader and would never do it to my customers.
  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If the contract is not a fixed price, then they can increase the price at any time-the day after you make the contract, if they want to.
    Unfair certainly, but perfectly legal under that contract.
    No free lunch, and no free laptop ;)
  • macman wrote: »
    If the contract is not a fixed price, then they can increase the price at any time-the day after you make the contract, if they want to.
    Unfair certainly, but perfectly legal under that contract.

    You could claim it was unfair under the Unfair Terms in Consumer Contracts Regulations 1999, depending on what was discussed.

    They're usually allowed to increase bills to a certain point in line with inflation.
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