Virgin Media

 Initial monthly cost: £24.00 

 One off charges: Upfront payment: 

Your individual service summary

 Minimum contract length: 24 months £0.00 £0.00 Services included in this order: 

 Price increases to £28.00 from your April 2027 bill

 Price increases to £58.00 from your April 2028 bill

 Price increases to £62.00 from your April 2028 bill

 Price thereafter will increase annually from your April bill by £4.00 a month. 

The detail in the below section is only in relation to the Broadband service you have selected. Broadband services (Hybrid fibre connection) · M125 Broadband 

If in addition to your main service you have chosen to also take an add-on, that add-on is also shown above and can be cancelled without ending your agreement for your main services at any time on 30 days' notice. 

Your broadband speeds: Download speeds: Advertised broadband speed Upload speeds: 132 Mbps Normally available speed 20 Mbps between 133 - 136 Mbps Minimum speed between 21 - 21 Mbps 66 Mbps Maximum speed 10 Mbps 137 Mbps Minimum guaranteed download speed 21 Mbps 66 Mbps  Other relevant information (including contract renewal and termination) 10 Mbps

I got a phone call from Virgin Media, only said about second year paying £4 extra, but third year is quite big increase, from £28 to £58, I wonder why £20 added to the monthly price, £240 extra for that year ? 

So first year £288

Second Year £336

Third Year £696

Fourth Year £744.

Looks like you've got a new contract set up with a broadband provider. Those price increases over the next couple of years might be a bit steep, though. Have you thought about whether you'll stick with this provider long-term or shop around later on?

גַּבְרִיאֵלToday at 11:07 AM

Yes, only said about second year, the third year is massive ?

youToday at 11:08 AM

Yeah, that third-year price jump does seem huge. Going from £28 to £58 is quite a leap. Are you thinking of trying to negotiate a better rate or looking into other providers before then?

גַּבְרִיאֵלToday at 11:08 AM

It a contract that last two years, so need to think about someone else, in two years time.

youToday at 11:09 AM

Two years will fly by before you know it. You'll probably have plenty of options to consider then. Do you think you'll be switching to a different provider or upgrading/downgrading your current plan?

גַּבְרִיאֵלToday at 11:09 AM

I got a phone call from Virgin Media, only said about second year paying £4 extra, but third year is quite big increase, from £28 to £58, I wonder why £20 added to the monthly price, £240 extra for that year ? So first year £288 Second Year £336 Third Year £696 Fourth Year £744.

youToday at 11:20 AM

That's a pretty steep increase in the third year. It's understandable that you're wondering why the price jumps up by £20 per month. Maybe it's worth asking Virgin Media directly about the reason behind this large increase in the third year.

גַּבְרִיאֵלToday at 11:20 AM

youToday at 11:27 AM

That sounds interesting! What’s the promotional offer they have for the broadband package?

גַּבְרִיאֵלToday at 11:28 AM

So if you do not renegotiate after 24 months, then the increase will be a lot more ?

youToday at 11:29 AM

Correct, if you don't renegotiate, the price will automatically increase significantly after the initial 24-month period. It seems like a good idea to review and potentially renegotiate or switch providers before then to avoid the large price jump.

גַּבְרִיאֵלToday at 11:29 AM

That something I do not like about Virgin Media, they offer lower prices to sign you up, but after a set amount of time, then the price go up a lot.

youToday at 11:30 AM

They do seem to follow a common practice among telecoms providers, where the introductory offer is attractive, but the price hike afterwards can be substantial. I'm sure you'd rather have more transparent and consistent pricing throughout the contract term.

גַּבְרִיאֵלToday at 11:30 AM

Yes, that would bee something I like much better.

youToday at 11:31 AM

Consistent pricing would definitely provide a clearer understanding of what to expect from the service. It's something Sky does better, which might be worth considering when you're reviewing your options.