Thousands of Britons could be overpaying broadband by £162

While living costs rise adding further pressure on wallets, households have been searching for ways to reduce their outgoings. One area generally overlooked is home broadband, with one in three Britons surveyed admitting they’ve never switched broadband providers – despite the sizeable savings they could make by doing so, an expert has said.Ofcom’s Pricing Trends Report, which analysed prices offered by providers including BT, EE, TalkTalk, and Virgin Media, established that the average price of a superfast broadband-only plan was £43.71.However, it’s been found thousands could be overpaying; missing out on potential savings of £162 according to new broadband research by Uswitch.The research revealed that over a third of Britons have never changed providers, while one in 10 adults over 45 have seen an increase of up to £15 per month in their payments over the past year.However, a striking three in 50 said they’d never make the switch – even though they could be paying more than they should be.READ MORE: Virgin Media issues important broadband advice, reboot your router now roadband Savings: Over a third of Britons potentially overpaying by £162 (Image: GETTY)Switching providers is easy to do, Uswitch broadband expert Max Beckett has said, and should be a right of passage for those coming to the end of their contract.Mr Becket explained: ‘When you near the end of your broadband contract, it’s important to check if there’s a better service from another provider that’s more suited to your needs.’This could mean faster speeds, a cheaper monthly payment, better customer service or even all three.DON’T MISS: Vodafone offers £12 broadband deal for certain benefit claimants [INSIGHT]’Competitive’ Chase easy access savings account also offers cashback [ANALYSIS]Dave Ramsey shares how woman with £15k saved can get by in retirement [EXPLAINED] One in 10 adults over 45 have seen an increase of up to £15 per month in their payments (Image: GETTY)Mr Beckett continued: ‘It’s usually really easy to switch broadband providers.’All you need to do is check what’s available at your postcode on a site like Uswitch, select the deal that’s best suited to you, and sign up with the provider you want.’After selecting a switch-on date, you’ll receive a new router from your provider.’Then it’s just a case of plugging it in and entering the router’s password. You should be online in a matter of minutes.’