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Home Technology Slower broadband speeds could hinder UK house sales

Slower broadband speeds could hinder UK house sales

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Broadband speeds can have a major impact on whether or not a house sells, according to website ISPreview.co.uk

A survey found 75% of its readers would not buy a house, even a lovely one, if the best broadband ISP speed it could achieve was just 1Mbps. In addition, 51% would be willing to pay more for a house with "faster" broadband.

 

Some 61.7% of those surveyed said that the minimum broadband speed they required would be "More than 4Mbps", with just 20.8% voting for 4Mbps itself, 10.8% voting for 2Mbps and a measly 6.6% saying they'd settle for 1Mbps.

Failing that, the most attractive alternative method to a fixed land-line broadband connection was found to be a Fixed Wireless (Wi-Fi) service (52.5%).

People clearly place a significant emphasis on broadband performance, so much so that an overwhelming majority would even be willing to give up on an almost perfect dream home in favour of a cosmetically less attractive one that received faster speeds, the site said.

Estate agents have long voiced the importance of broadband equipped homes, though few may have recognised that modern demand also requires the service to be fast, affordable and flexible. This highlights the importance of being able to deliver speeds of more than double the current Government target, which is committed to delivering a minimum 2Mbps broadband speed to everybody by 2012.

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Comments (2)

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agree with your article...
We have been saying the same for years, it is really good that others are realising how important it is for everyone to have a decent connection. The only way this can happen is with fibre to every home. Everyone in our area (rural) is aware of this because houses just aren't selling when people find out there is no broadband at all available. We don't hold much hope of BT ever providing it, as the latest on the Openretch website is a proposal to bond two lines together at a cost of two phonelines for the householder to deliver a paltry 2 meg shared between 400 people on the card in the exchange. Totally ridiculous, and any info you can publicise about this scam will help government to realise the digitalbritain plans are influenced by the greedy and ineficient telcos. The full press release from Openretch is here http://www.openreach.co.uk/orp...en11609.do
more info here: http://5tth.blogspot.com/2009/...right.html
chris
cyberdoyle , November 11, 2009
Getting the source correct ;)
The source for this news is the most recent survey on http://www.ispreview.co.uk , which we issued on Monday. Would appreciate it Daisy if you at least mentioned the domain ;) .
Mark ( ISPreview ) , November 12, 2009 | url

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