The U.K.’s largest 4G LTE network, EE, is introducing a new trade-in scheme, dubbed ‘Swap,’ which enables its customers to trade in their current smartphone in return for the latest new one, providing they are at least 6 months into their 18 or 24 month contract, and the phone is in good condition.

The trade-in program is due to launch September 17 and is limited to just 5 flagship devices on the market at present; the Galaxy S III, Galaxy S4, Galaxy Note III, HTC One and the iPhone 5. But, EE has confirmed that more handsets will be added to the scheme in the not to distant future.

If you choose to trade in your device, you will have to pay a one-time fee based on the cost of your current monthly plan, ranging between £49 to £249.

The full list of one-time fee’s can be seen below:

• If you pay £51 per month on a contract, you’ll have to pay a one-time fee of £49.
• If you pay £46 per month on a contract, you’ll have to pay a one-time fee of £129.
• If you pay £41 per month on a contract, you’ll have to pay a one-time fee of £199.
• If you pay £36 per month on a contract, you’ll have to pay a one-time fee of £249.

Once you’ve paid the fee and updated your contract’s terms and conditions, you will be able to choose a new handset from EE’s library of 4G smartphones. However, you will have to sign a new 24 month contract, and the device you choose must be for a plan of an equivalent or higher price.

If you wish to find out more about EE’s new Swap program, simply click the source link below.

• SourceEE