Brits overpay for broadband by 40%

Broadband customers could save over £230 by switching to a new broadband package yet many are still paying expensive rates for low speeds, according to experts.

Research from BroadbandChoices.co.uk has revealed that from February 2006 to February 2009 the average cost of broadband has fallen by 37 per cent.

But only 10 per cent of broadband users switched to a better deal in 200 with experts warning that broadband bills are overlooked in rush to cut household costs.

Michael Phillips, product director, BroadbandChoices.co.uk said: "Unlike most other household bills, the cost of broadband has decreased whilst the quality has increased in the last three years.This is because of increased competitiveness within the market and a higher take up rate."

“Broadband is in danger of becoming ‘the forgotten bill’.  We urge consumers to check they are not stuck on a legacy tariff with their current provider – if they haven’t switched in the past year, then its time to get online and compare current deals.”