Looking for the best deals for Apple's new iPhone 5? Well, you've come to the right place. Here we'll be detailing the best iPhone 5 contracts around to help you to pick the one that best meets your needs. We'll also be examining which network is most suitable for the iPhone contract you are after.

iPhone 5 networks – who is offering it?

All the major UK networks are currently offering the iPhone 5 on a range of 18 and 24 month contracts, so it’s easy to find great iPhone deals in the UK. These are O2, Three, Vodafone and the UK's first-ever 4G LTE network, EE.

Tesco Mobile also has begun offering a range of cheap iPhone 5 deals, while Virgin Mobile is expected to do so in the near future, but do they offer the best iPhone 5 price in the UK?

Finding the best iPhone 5 price depends on what contract your choose. Most networks offer very similar monthly allowances of texts, call minutes and mobile internet data for largely the same outlay. Typically for a free iPhone 5 on contract, you can expect pay around £36 per month. If you choose to pay less on your monthly bill, however, you will most likely have to pay a on-off fee for the handset itself.

As iPhone contract deals are usually quite competitive, one of the ways networks to differentiate themselves is through exclusive perks.

Vodafone iPhone 5 owners on the other hand will receive its ‘VIP’ benefits, which include free tickets to fashion shows, festivals, Formula 1 and more. Vodafone iPhone 5 customers will also receive offers for unlimited data as part of its ‘Data Test Drive’ offer.

Choose an O2 iPhone 5 and you’ll get priority access to some of the biggest events held at O2 venues around Britain. Three offers iPhones with unlimited data with their high-end plans, which are specially designed for data-hungry users.

The newly formed EE, meanwhile, is the UK’s first-ever, and so far only, 4G network, making it a prime destination for customers looking to take advantage of the iPhone’s 4G LTE support for super-fast browsing speeds.

Source: www.uswitch.com