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Early exit fees

southken
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Registered: ‎17-07-2010

Early exit fees

What would be the charge for ending an 18 month contract 8 months early?  Monthly charge is £26.99.  Thanks.

8 REPLIES 8
jab1
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Re: Early exit fees

@southken Very roughly about 8x monthly fee -8%, but to get an accurate figure you need to call Customer Options on 0800 013 2632.

John
southken
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Re: Early exit fees

Thanks.  I did call them and was told £54 just wanted to double check.

jab1
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Re: Early exit fees

what they tell you is the official figure.

John
bmc
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Re: Early exit fees

Baldrick1
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Re: Early exit fees


@jab1 wrote:

@southken Very roughly about 8x monthly fee -8%, 


I suspect that this does not work on a service that uses tha PSTN, that is, if there's a current PSTN phone service. The key paragraph from https://www.plus.net/help/my-account/early-termination-charges/  is:  We then reduce the charge to take account of any costs we save because of you leaving early, such as wholesale costs. 

Currently these are twice as high as they were when the contract was taken out, see: https://www.openreach.com/news/openreach-announces-price-changes-to-encourage-digital-adoption-of-ne.... Hence the low quoted price of early termination.

It's always best to ring in and ask.

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jab1
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Re: Early exit fees

Which is why I advised calling COTS in my original reply.

John
Baldrick1
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Re: Early exit fees

@jab1 

Very true. I'm just pointing out that there's quite a difference between your ball park  (monthly cost x months to end date) -8% calculation, which might be used, of £198 and the quoted £54.

I suspect that @southken had posted to get confirmation, as the quoted cancellation figure was lower than anticipated.

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southken
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Registered: ‎17-07-2010

Re: Early exit fees

Thanks everyone.  I called them to confirm and they said that £54 is correct.