Recent Virgin price hike

MSavingParent

Hi all. 
Received my annual email from Virgin regarding their price hike today. 

Currently pay £27 per month for the Internet only. Appatantly, it's at 125mb.

The email has informed me that they plan to increase it by £7 per month from 1st May. That's an increase of around 30% for us.
I think this seems steep. Am I wrong?

I will price check with other firms and call them to try and negotiate a price soon. But, just wondering what other people's increases might be.

Thanks in advance all. 

MSE_James

Hi @MSavingParent  - this recent MSE news story may be helpful:

https://www.moneysavingexpert.com/news/2023/january/virgin-media-broadband-tv-phone-price-hikes-2023/ 

SaverRate

MSavingParent said:

Hi all. 
Received my annual email from Virgin regarding their price hike today. 

Currently pay £27 per month for the Internet only. Appatantly, it's at 125mb.

The email has informed me that they plan to increase it by £7 per month from 1st May. That's an increase of around 30% for us.
I think this seems steep. Am I wrong?

I will price check with other firms and call them to try and negotiate a price soon. But, just wondering what other people's increases might be.

Thanks in advance all. 

Have a look at https://www.moneysavingexpert.com/compare-broadband-deals/

M125 as a new customer is £26.50 per month but you get a £100 reward voucher

Definitely dont accept the price increase. See if you can haggle the current cost down too. Virgin can and should discount your package so you dont get a price increase.  This is what they did for me. 

mrsmartmoney

I pay £19 a month currently on 125mb and also have a £7 increase - will be interested to see what others are being offered when you ask to leave 

MSavingParent

Thanks for that update @mrsmartmoney.
Let me know how you get on. I'll keep you posted when I call with my haggle head on!