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Martin Lewis fans are rushing to stock up on a household item before a price rise from April. Mr Lewis has urged households to stock up on stamps from the Royal Mail before the price of first class and second class stamps rises next month.
One Twitter/X user got in touch with the BBC Sounds podcast presenter and ITV regular to say: “Thanks @MartinSLewis. Your newsletter yesterday reminded me to stock up before the price rise.” Mr Lewis re-tweeted the message today.
“My elderly mum is getting a little forgetful and I found eight books of stamps in her drawer that she forgot she had! She’s way ahead of us all,” replied another. “really that was a great investment…..,” a second wrote back to the MSE reader.
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Another wrote: “Bought 16 1st, 8 2nd today. Worth looking at buying Xmas stamps in next 2 weeks in case they go up again in October. Crazy pricing, don’t think they want the letter business any more. Let other companies have a go.”
And another typed: “Daughter sent my Mother’s Day card first class last Wednesday. Arrived today (Tuesday, 2 days late!). Farce! Improve the service to ‘justify’ the price increase.” Carol said: “I bought special issue stamps from the Royal Mail shop before the last price hike. Lots of choice and some of the pictures are so lovely I don’t want to use them!”
Another said: “It’s so sad what’s happened in such a short time since privatisation. We’re almost at the point where the value of the item being posted is likely to be worth less than the stamp.” Another wrote: “We collected up all our random stamps and sent them back to swap for bar coded ones.
“Best investment ever!” Another said: “Almost £1.50 per stamp. No wonder not many people send letters now. I used to have a pen pal. Was exciting to write the letter and send it overseas, and then wait for the reply back.” Mr Lewis, founder of MoneySavingExpert.com, said: “For years, every time stamps go up in price I’ve suggested people stock up and bulk-buy in advance, as provided the stamp doesn’t have a price on it and instead just says the postage class, it’s still valid after the hike.
“This has been an effective tactic, as a first-class letter stamp is now £1.25, soon to be rising to £1.35 – in 2012 it was just 60p. So you may as well stock up now.”
