Houses without broadband could be worth as much as 20% less than comparable properties with a good connection, according to experts who say superfast speeds are increasingly important to prospective homebuyers.
With soaring numbers going online to perform everyday tasks or to work from home, a robust connection is considered so vital that the property search website Rightmove has added a broadband speed checker button to every one of its listings, alongside details of transport links and schools.
Estate agents report that rising numbers of buyers are willing to pull out of a deal if broadband is not available in that area.
Bernard Phillips, the head of consumer platforms at Rightmove, said: “We already offer a number of tools to help consumers make informed decisions about a property, and we’re pleased to be the first to add broadband speeds to this. Broadband has become ingrained in people’s lives and is an important factor when choosing a home.”