Martin Lewis Share more consumer advice and top tips on the final episode of The Money Show Live Thursday night.
In another filled program Money saving expert He revealed that around 9 million people across the UK are currently out of contract with Broadband provider And pay around £ 600 a year for their service – if they’re on a typical fiber and line lease it costs between £ 35 and £ 50 a month
But he made it clear that, realistically, these people could cut those costs in half and double their current speed.
Surprisingly, Martin told viewers that they could even save money without switching at all, but that they should be willing to “bargain” with the provider.
He said, “You might be able to bargain with your current provider.
“All companies will tell you about the cheapest deals they will offer you upon renewal. The key is that it does not include promotions available to new customers.”
However, that doesn’t mean you can’t have it either.
Martin continued: “In general if your contract expires, use very cheap contracts as a standard to go to your current provider and say – ‘Would you match it? “
“If they say no, ask them to leave, you will break up and this is where they have the real power to bargain with you and give you more.”
Martin revealed bargaining success rates from a recent poll conducted on Big broadband providers.
Bargaining success rates:
Martin then listed the most recent offers, which are only available through comparison sites, rather than directly from the provider, and explained how these are the details to use when bargaining for a better deal on your current contract.
He also explained how the best deals are identified through the additional extensions and promotions included in the offer, such as Amazon coupons and invoice balances.
Martin also noted that the deals are for Rent broadband and line l, but that’s cheaper than just choosing a standalone broadband package.
Solve it? Just do not connect the phone to a land line.
Current best deals available for new customers:
Shell Energy: 35MB – £ 15 a month for a full year contract
Vodafone: 63MB – £ 18.40 a month over two years
virgin: 108MB – £ 18.40 a month for 18 months
BT: 50MB – £ 19.90 a month for two years
Martin added that Broadband speed estimates It’s also becoming more reliable than it was before, with service providers notifying you as quickly as you can expect when signing up.
He said, “At least 50% of people now need to get the advertised speed at peak times for them [broadband provider] “Most companies will now tell you to estimate your speed before registering for inclusion in the list, so you should know what you’re getting.”
He advised that if you have poor service, you should file a complaint because you may be entitled to “automatic compensation” although there have been some changes to that due to Coronavirus disease.
Also give a quick and helpful tip to check your Wi-Fi speed if your signal is unstable.
He said, “If you have a spoofing signal then get a computer that you can connect to your router and I’ll do a speed test and then I’ll run a speed test on Wi-Fi.
“If it’s fast on plugging in, but not on WiFi, then the signal coming into your home probably isn’t the problem – WIFi might be the problem.
“So make sure the Wi-Fi box is well located, lift it high, and don’t put it in a cupboard or drawer and there are no obstructions or decorations near it that can block the signal and slow everything down.”
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