Will Sky Buy Out My BT Contract? Exploring Options for Switching Providers
If you are unhappy with your BT services or simply looking for a better deal, you might be wondering if Sky will buy out your BT contract. While Sky and other providers sometimes offer incentives to attract new customers, such as free installation or cashback, they usually don`t directly pay the termination fees or remaining charges of your previous contract. However, there are still ways to switch providers and save money without suffering too much hassle or expense.
Before we explore those options, let`s clarify some terms and conditions that may affect your decision. A contract with BT, or any other provider, is a legal agreement that binds you to pay a certain amount of money over a certain period of time, usually 12 or 24 months. If you want to end the contract before the minimum term, you may have to pay an early termination charge (ETC) that can be quite high, especially if you have several months left. The ETC varies depending on your package, your usage, and your location, but it can range from £5 to £20 per month, plus VAT, for each remaining month. For example, if you have 6 months left on a BT broadband and phone contract that costs you £35 per month, your ETC could be £150, which you have to pay upfront.
Now, to the question of whether Sky will buy out your BT contract. The short answer is no, Sky won`t cover your ETC or your BT bills. However, Sky may offer you some deals or discounts if you switch to their services, which could offset some of your costs or even save you money in the long run. For example, Sky may give you a free router, a free TV subscription, or a lower monthly rate for the first few months. These offers can be tempting, but you should read their terms carefully, as they may require you to sign up for a minimum term or to pay extra fees for certain services. Moreover, you should compare the total cost of the Sky package with the total cost of your current BT package, including the ETC and any hidden charges, to determine if it is actually a better deal.
If you decide to switch to Sky, or any other provider such as Virgin Media, EE, or TalkTalk, there are some steps you can take to switch smoothly and safely:
– Check the availability and speed of the broadband, phone, and TV services in your area, as different providers may have different coverage and quality.
– Decide on the package that suits your needs and budget, based on your usage, your preferences, and any special requirements such as sports channels or international calling.
– Contact the new provider and ask them about their switching process, including any fees or charges, any installation or activation requirements, and any equipment you need to return or keep.
– Arrange the installation or activation of the new services, and make sure you are home or have granted access to the engineer at the agreed time.
– Notify BT of your intention to leave, and request a final bill that includes any outstanding balances or charges. Pay this bill promptly, or arrange a payment plan if necessary, to avoid any debt collection or damage to your credit score.
– Return any BT equipment that you no longer need, such as routers, phones, or TV boxes, to avoid any charges or penalties.
By following these steps, you can switch to a new provider without breaking the law, breaching the contract, or losing money. While Sky may not buy out your BT contract, they may offer you a better deal that suits your needs and saves you money in the long run. Just make sure you compare the offers, read the terms, and switch wisely.