Broadband Speeds Have a Bearing on Buyer Choice

Broadband Speeds Have a Bearing on Buyer Choice

In this quick article we look at the importance of Broadband Speeds to a home buyer

  • During lockdown internet users spent 18% more time on the internet. The importance of broadband speed to homemovers has increased and can be an important factor when choosing the next home.
  • The increased importance of internet speed can be seen in take up figures. In 2019, 74% of home broadband connections were superfast products compared to 66% in 2018, 58% in 2017 and 49% in 2016.
  • Dataloft's Homemover Survey revealed that for 16% of buyers, broadband speed had become more important than before lockdown.
  • Vendors should consider improving internet speeds in their homes, often an easy change to make.


Get in touch with us

Sir Keir Starmer’s resignation has added fresh uncertainty to the UK property market, but its impact will depend less on politics and more on how financial markets react to the next government’s economic plans. Mortgage rates, taxation and buyer confidence could all be influenced by what comes next. Please click the link to learn more

Buying a home can feel easier when you know your budget, priorities and next steps. With mortgage costs still influencing decisions, preparation is one of the biggest advantages buyers have.

May is a key month for sellers, but more homes are competing for attention. If you are thinking of moving this spring, here is how the current market is shaping buyer behaviour and what helps a home stand out.

At Millbanks, we believe estate agency should be proactive, personal, and genuinely helpful. Discover how our investment in AI-powered technology is transforming your property journey, making it smoother and more efficient.