Virgin are set to raise their prices for TV, Broadband and mobile customers before March 1, 2022.
The changes will affect millions of UK homes as prices increase to keep in line with latest inflation figures, reports The Mirror.
The only households not affected, will be those who fall under the 'vulnerable' bracket.
READ MORE: Martin Lewis urges action as energy bills set to increase by 50%
Vulnerable customers include those Virgin Media's new Essential broadband package and landline users on its Talk Protected package - these will be excluded from the price hikes.
The average price rise is £4.70 a month or £56.40 a year, the company said. Out of bundle call costs are not changing.
Last year, bills rose by an average of £2.50 and £4.50 a month for customers.
Customers on a fixed-price promotion, i.e. those who are still within the minimum term of their contract, will see their prices rise after their contract ends.
Those who are not within their minimum term - most likely because their contract has ended - will see their price change from March 1, 2022.
For Virgin Mobile customers, bills will rise by the January rate of RPI inflation plus 3.9%, effective from April, the company said.
Virgin Media told the Mirror it's currently writing to UK customers to inform them of the price rises.
However, it said that if you are affected by the increase, you can leave your contract without paying any early termination charge.
This means if you're able to negotiate a more competitive rate, or you cannot afford the price rise and want to strip down your contract, you can, within 30 days of receiving the price rise notification.
A Virgin Media spokesperson said: “While we recognise a price change is never welcome, with rising costs and our customers using their services more than ever, we are reviewing our pricing to fuel further investment in our network and services, both now and in the future.
“We’re committed to providing brilliant services and excellent overall value, and consistently give our customers more for their money than anyone else.”
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
