Author Archives: gigaclear

Slow Broadband can knock up to 20% off house prices! says Daily Telegraph.

According to an article in the Daily Telegraph, “Slow broadband speeds can wipe as much as 20 per cent off the value of properties and lack of superfast connectivity in an area can be a dealbreaker in house sales”.

The article went on to say:

“Estate agents said broadband speed is so vital that buyers are walking away from a purchase if they discover that superfast speeds are not available in that area.

Rightmove said research it conducted among among 3,000 people found that broadband details were ranked as a more important feature when searching for property than information on transport links and nearby schools.”

So while you might not be that concerned about broadband, the effect on the value of your property could be significant.