📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Banatynes increase. Right to cancel?

Evening all,
My banatynes contract is due to renew the 15th may. I have just received an email informing me that the premium is going to be increasing from the 1st March. Do you know if I have a right to cancel early?

Comments

  • LilElvis
    LilElvis Posts: 5,835
    Sixth Anniversary 1,000 Posts Name Dropper
    Forumite
    What does it say in your contract regarding price increases?
  • bris
    bris Posts: 10,548
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    You don't have the right to cancel early but unless a price increase is written into the contract at a reasonable level they can't make you pay more.


    You can ask to see out the contract at the current price and terminate at the end of it.
  • Ive just found this on a link to the contract:
    [FONT=&quot]Members who do not wish to accept an Increase in subscription may cancel their membership by giving written notice. The written notice period shall in all cases be not less than one calendar month. If Such notice would otherwise expire before the initial period of membership, it shall be deemed to expire on the last day of such initial period of membership. The Member Giving notice must continue to pay subscriptions at the rate current immediately prior to any proposed increase until the end of such notice period. The Proprietor will refund any subscriptions that have been paid for by a Member For any period after the expiry of the notice

    So i guess i still need to pay until the year end :-(

    Thank you for your help
    [/FONT]
  • naedanger
    naedanger Posts: 3,105
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Waterfalls wrote: »
    Ive just found this on a link to the contract:
    [FONT=&quot]Members who do not wish to accept an Increase in subscription may cancel their membership by giving written notice. The written notice period shall in all cases be not less than one calendar month. If Such notice would otherwise expire before the initial period of membership, it shall be deemed to expire on the last day of such initial period of membership. The Member Giving notice must continue to pay subscriptions at the rate current immediately prior to any proposed increase until the end of such notice period. The Proprietor will refund any subscriptions that have been paid for by a Member For any period after the expiry of the notice

    So i guess i still need to pay until the year end :-(

    Thank you for your help
    [/FONT]

    Yes, but at the originally agreed subscription. Also don't forget to actually give notice and keep evidence of doing so.
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
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179.1K Life & Family
  • 264K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards
Quick Search

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.