I have just found this statement on the OFCOM website under the search term ARC Automatically Renewable Contracts (ARCs) – or ‘rollover contracts' – automatically roll forward into a new minimum contract period – with penalties for leaving – unless you actively opt out of the renewal. Ofcom confirmed in September 2011 that rollover contracts will be banned from December 2011. The ban will apply to ARCs for fixed voice and fixed broadband services sold to residential and small business customers. Ofcom has set out a timetable for the removal of rollover contracts from the telecoms market which takes account of systems changes that will need to be made by communications providers. The sale of new automatically renewable contracts to residential and small business customers will be prohibited from 31 December 2011. Ofcom will also require communications providers to move all residential and small business customers currently on rollover contracts to alternative deals, and to completely remove rollover contracts from the market by 31 December 2012. Any customer who has a rollover contract and has concerns or wants to understand how the removal will apply to them should contact their provider. Providers who continue to offer this type of contract to new customers beyond 31 December 2011, or those who continue to have customers on ARCs beyond 31 December 2012 could face enforcement action including a financial penalty of up to ten per cent of turnover. This could good news for all those people who suffered at the grasping hands of Telecoms providers Read the full OFCOM statement carefully

Re Elite calls- Termination Fee If the Elite calls Email address is @swithchingon it now belongs to the most villified telecoms company in the UK, Unicom Telecom of Manchester, which is a part of the Universal Utilities Plc group and is situated at Universal House,Longley Lane, Manchester, M22 4SY. Tel. No. 0116 946440. This company makes its money by holding vunerable people to ransom with high termination fees caused by inserting a ROLL-OVER clause in there telecom contracts. In short these contracts appear cheap initially but can be ultra expensive when the unsuspecting customer is caught out by the high ROLL-OVER fees. There is another company called Universal Debt Collect, Sharston Road, Northenden, Manchester M22 4RX. Have look at this company's threatening Website it belongs to Universal Utilities Plc It is no good appealing the this company's better nature because they have a swinging brick for a heart

Yes, equity release but I hoped some one might be able to point me in the right direction on this matter johnray

I need information on Interest only Lifetime Mortgages from Caggers who have personal experience having taken this route and if possible the most reliable companies supplying this service. I have my own mortgage free home which I have lived in for many years but I require the money to maintain the house in the near future P.S I am 72 years old Johnray:?:

Thanks locutus I will act on your valued information light blue touch paper and stand back johnray

A number of years ago a salesman sold me a fixed line (calls only) package with UNICOM, the line was provided by BT. The Unicom contract was for 3 years but I did not renew the contract but stayed with Unicom. At the end of September 2010 the lease on my industrial unit came to a end and the lease sold to another company and I decided to close the business, the new owners cancelled the contract in September 2010 without my knowledge in my absence. Imagine my surprise when I received a bill for for a termination fee of over £600.00. I have not paid but I have received numerous hectoring calls from Unicom and a firm called Universal Debt Colllection( sister companies) and despite coming to verbal agreement on a number of occasions on a way to discharge this debt they will not confirm in writing. I believe that this tactic is being carried out to increase the debt by adding extra charges every week that they procrastinate Anyone in the same situation out there johnray