Why would property accountants be worried about a slow internet connection? The answer may be more significant than you think – and it’s not just about how easily potential buyers can check your property listings online.
According to price comparison site uSwitch, “terrible speeds can isolate people and take their toll on businesses, schools, even house prices”.
Ewan Taylor-Gibson, broadband expert at uSwitch, adds: “A nationwide rollout of fibre broadband to the furthest and most remote corners of the UK has never been more urgent.”
But where are these ‘remote corners’ – surely far away from anywhere that would concern Manchester property accountants and their customers?
Actually no, the Greater Manchester area is listed three times in the 30 slowest streets in the UK, with Sovereign Fold Road in Leigh ranking 19th-worst overall at an average broadband speed of just 1.116 Mbps.
Thornham Lane in Middleton and Manor Close in Denton make the list too, and Greater Manchester has no appearances among the 30 fastest streets (although Barnacre Road in Preston and Birkrig in Skelmersdale both make the list).
With housebuyers increasingly likely to check such details – especially if they intend to work from home – a decent broadband connection has become a true selling point, and properties on ‘slow streets’ may well suffer in value as a consequence.