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Haven’t Checked Your Broadband in Two Years? You Could Be Wasting £452 a Year
Broadband Genie said households can save hundreds of pounds by checking prices before contracts roll onto costlier out-of-contract rates.
Broadband Genie advises households to review their internet packages every two years, as contracts typically run for around 24 months at discounted rates before prices jump sharply once introductory deals expire.
New research highlighted by Broadband Genie found customers stay with the same provider for an average of three years and five months, meaning many pay post-contract prices long after introductory deals end.
The industry-wide One Touch Switch system simplifies provider changes by having your new company handle cancellations; compare real costs including setup fees and gift cards before renewing rather than automatically accepting current offers.
Broadband Genie suggests around 50Mb for two-person households, adding roughly 10Mb per extra person; households receiving Universal Credit should check for cheaper social tariffs.
Alex Tofts, a broadband expert at Broadband Genie, warned that failing to review deals in two years means "you're almost certainly overpaying." Leaving bills untouched could mean quietly wasting hundreds of pounds annually.