YOU ARE HERE: moving house » Could Broadband be a deal breaker?

The Inside Edge

 

Could Broadband be a deal breaker?

by Sarah Halloran

The Telegraph has reported an interesting addition to property details that are held on the Rightmove website.  According to the Telegraph’s Telecoms Correspondent, Rightmove is to team up with BT to list the broadband speeds of over one million homes listed on their website.

This could make a significant difference to how we ‘shop’ for a new home as this information would be available alongside key property information such as the number and size of bedrooms in a property.

A recent survey found that almost 75% of house buyers would be “put off” from purchasing the home of their dreams if it didn’t have an Internet connection or the speed was very low.  Half of those people surveyed also said they would pay more for a house if high speed broadband was available.

When you consider how much we rely on the Internet these days for so many things, this news is hardly surprising.  Working from home, social networking, online shopping, and online gaming have made the Internet an essential service rather than a luxury and a home without broadband would cripple many of us socially and professionally.

Rightmove, which currently displays details for approximately 90% of the homes for sale in the UK, will also include details of properties covered by BT Infinity, the new fibre-optic broadband network currently being rolled out across the country.

When asked about the changes on the Rightmove website, a Rightmove spokesperson said “As a leading UK website, services such as superfast broadband obviously interest us and we have recently looked into how it can benefit us, although we are not currently in any form of partnership with BT.”  However, they did confirm that initial discussions had taken place.

The good news for those living in some rural areas is that the Government has committed £830m from the BBC license fee over the next seven years to rollout superfast broadband.  If BT and Rightmove do enter into this partnership it won’t be the first of its kind.

Many independent estate agents currently include details of whether properties are connected to Virgin’s broadband service on their property listings.  Virgin have also recently entered into a partnership with Persimmon to connect their fibre optic cables into new build homes.

So, if you are a frequent user of all things Internet and looking to move home, broadband may be a big consideration.  Whether or not it is a deal breaker is up to the individual, but trying to imagine life without broadband is getting increasingly more difficult as time goes by.

Related Articles:


Bookmark and Share
from → moving house

4 Responses to “Could Broadband be a deal breaker?”

  1. David Boyd says:

    Whilst interesting I doubt that such details will have a huge effect on buyer’s decisions.

  2. admin says:

    I tend to agree David!

    James

  3. Tom Williams says:

    With many people working from home these days, broadband speed is more important than ever. We are in a rural area, which is about a 1.5 miles away from the exchange. I would not consider moving to an area more remote if the broadband speed was going to be slower than what i am getting now.

  4. admin says:

    Thanks for your comment Tom, as you allude to its more a consideration for rural dwellers. Although 3G wireless broadband costs, coverage and speed improvements are making it more of a viable means of connectivity.

    James

Leave a Reply

 

  • CONVEYANCING

    When you buy or sell a house in the UK you need a solicitor to prepare and exchange the contract of sale. Find the best price for conveyancing by using our quote tool to get prices from hundreds of solicitors in your area.

    Get Quotes