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BT broadband

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We have BT broadband and line rental . It is costing just over £41 a month with a price rise due in March.
Our contract doesn’t end until October’22. If we switched now how much would BT charge us ? Is it worth it. We are n our 70s and need to save money where we can especially with energy costs spiralling. 
PS can’t seem to find BT exit fees 

Comments

  • Bradden
    Bradden Posts: 1,202 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Why not just ask them rather than hoping someone here knows?
  • Neil_Jones
    Neil_Jones Posts: 9,536 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We have BT broadband and line rental . It is costing just over £41 a month with a price rise due in March.
    Our contract doesn’t end until October’22. If we switched now how much would BT charge us ? Is it worth it. We are n our 70s and need to save money where we can especially with energy costs spiralling. 
    PS can’t seem to find BT exit fees 

    First result in Google, so not entirely sure what you were doing:

    You have to pay an ‘early termination fee’ if you cancel your service before the end of your ‘minimum contract period’. The end of the minimum contract period is usually either 12, 18 or 24 months from the date your started your service.

    For example, if your minimum contract period is 24 months, you can only leave without paying a fee after you’ve had the service for 24 months.

    How we calculate the fee

    The fee is the total of the remaining amount you would have paid up to the end of your minimum period.

    We subtract:

    • the costs we save (for example, payments to suppliers) as a result of you leaving early
    • 1% if we get your final payment early

    Should be able to work it out from that and the details on the above page.  Basically what it boils down to is:  You'll save nothing by leaving early.
  • Looks like we are stuck paying over £40 until October. 

  • Neil_Jones
    Neil_Jones Posts: 9,536 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well you're not "stuck" because you're always free to leave, subject to the exit fees.

    When your contract ends jump on comparison websites and see who's got what offers when.  BT is not the only provider in town, its often the most expensive.
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