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I've just got a feeling someone at NTL has flagged my account to have a short IP lease
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Not possible - the lease time is done per type of service, not per customer, AFAIK.
DHCP should renew itself at the half-way stage of the lease - often you find on ntl that the first lease is 1 hour, it will re-lease at 30 minutes and then get between 2 days and 7 days depending on area.