Business Costs Explained – Leased Line Costs
What is an Internet Leased Line?
Before you look at Leased Line Costs it’s important to understand what they are & if you need one. The quality of your business internet can have a huge impact on the success of your company & we are here to help you know your bog-standard broadband from a private leased line.
An Internet leased line is an Ethernet (fibre optic) connection business’ use to give them guaranteed, reliable & high speeds on a line that is dedicated to them.
Traditional broadband is often slow, unstable & shared with up to 50 other users. As frustrating as this is, most of us cope with a bit of buffering at home. But when a business’s internet goes down it can be devastating with an average of 40 minutes per office worker per day being lost in the UK. In 2017 that cost the UK economy an estimated £7 billion & an average of 21 days lost per business.Loss of business for a short time every month from unreliable broadband often justifies paying leased line costs to get a better service.
Leased Line Providers will all offer a wires-only quote or a quote for a fully managed line– often referred to as managed services. Most companies will buy a managed line as the providers sets up the internet onto the line for you using their network, & providing a managed router, saving your IT team the hassle & time. They will pro-actively monitor the network for any faults, ensuring over 99% are resolved before they develop into a fault.
With technology evolving at a faster rate than ever, more businesses relying on cloud applications & high media use the importance of a stable & reliable internet connection is now seen to be as vital to your success as the talent you hire.
In short, a Leased Line will give you fast & stable internet access, complete with a robust service level agreement. The SLA will guarantee “up-time” and “fix-time” for your Leased line, so unlike broadband you will never have to worry about the line going down & staying down for weeks on end while the provider tries to get things going again.
What are leased line costs in 2019?
Leased Line pricing is not as “out of the box” as your standard broadband connection, although it is becoming more of a commodity as more businesses need fast upload speeds & service levels that ensure their internet remains “always on”.
The price for your leased line depends on two main factors – where you are located & how fast you need the line to be. The lowest price of a leased line starts from around £150 per month – major cities like London & Manchester tend to get very competitive pricing. If you are in the suburbs it may be slightly higher, but all depends on how far away from the providers point of presence you are.
We have been seeing prices drop & 100Mb Leased Line now starts from around £199. To get a personal quote & find out your exact prices Click Here.
Leased Line costs can vary dramatically between providers & it’s easy to think some may just be ripping you off. However, this isn’t the case – all leased line providers use other providers networks to deliver their leased line. More Piggybacking than you see on a primary school playground!
Most UK networks are BT or Virgin to begin with, although there are some others, these two really own the monopoly of UK fibre networks. But if your area is full of virgin media Ethernet then Virgin & their re-sellers will be best priced in that area. If you go to BT Business in the same location & ask for a BT Leased Line cost – it will be much higher than the same from Virgin or someone reselling virgin.
So why get leased line costs from anyone else? Well many providers can sell a line on their network that started on BT & make it cheaper than BT themselves. We have seen the consumer energy sector change drastically in recent years, with more customers moving away from the big 6 to find better deals & a better service. The same trend is happening in the leased line market.
Is there an Install cost & how long does it take to install a leased line UK?
The standard install time for most leased line providers is 45-60 days, all subject to the site survey. Every provider has to wait for Openreach to do the survey, so the times are usually the same for all providers. Most leased lines on a standard 3-year contract term will come with a free install.
Once you have decided a leased line is right for you the provider will send the contract & arrange a site survey. This survey is conducted by Openreach & will tell you if any construction work needs to be done for the line to be installed. Most of the time it doesn’t but if they need to install fibre in your area by digging up the ground there may be an additional cost to install it – these are called ECC’s or excess construction charges.
Excess construction Charges can range from as little as £100 charge to hundreds of thousands of pounds & the only way to find out is after you order & have a site survey done. However, if you do order & charges come up you have the right to cancel the contract & find another solution. Most providers will also work with you to try and absorb some of the cost if possible or help spread it out over the contract term.
How to get a leased line?
To get a leased line you would need to start by getting a quote & placing an order. The provider would then arrange a site survey which is always done by Open reach & assesses your site & how easy it should be to deliver the line there. If there is any construction work to be done you would be informed & can decide not to continue if there is any due.
Once the survey has been completed & the line can be delivered the provider would then arrange an install & you would just need to wait for that, usually takes up to 45 days.
Much like the products & services you use at home it pays to shop around & compare leased lines. This can save you thousands but it’s easy to be misled by providers who claim to be comparison sites.
Technically they compare tail circuit prices so it’s not a bad thing if you do have a price from them but ultimately you are taking out a contract with the same provider whatever tail circuit you choose.
Daisy Communications have probably made the most successful “comparison” site which is leasedline.co.uk – Fine to get a price from but it is just Daisy’s price regardless of what provider you use – we would always recommend doing research on any company you will be buying from – review sites can be a good place to start.
You can get a genuine comparison with our sister company Here or on our own site by Clicking Here. We both compare some of the UK’s best leased line providers, ensuring you are given the best prices by an ISP who offers excellent service too.