New research figures released by leading online estate agent eMoov.co.uk today reveal the technological demands from property buyers and sellers.
According to the survey from eMoov.co.uk, fast broadband is now an essential requirement for 85% of people searching for a new property. In a separate recent study from Rightmove, it claimed a lack of quality internet access could knock as much as 20 per cent off the price of a home.
It’s no wonder there is the demand for fast broadband speed considering the amount of devices connected to home Wi-Fi. In the survey by eMoov 60% of people have their Sky or Virgin Box connected to allow the full features of the service with 80% of people surveyed also having atleast 1 tablet connected to their home wifi.
92% of people surveyed stated their phone was connected to their home Wi-Fi which could explain the low requirement of having a 3G signal. Just 63% of consumers said a 3G phone signal is an essential requirement in their property.
With the average TV viewer watching close to four hours of TV each day, space for a large TV is high on the shopping list when searching for a new property. 57% of people surveyed identified that space for a large TV in the lounge is essential, with a further 9% saying they also require this also in the bedroom.
Property Expert Russell Quirk, CEO of online estate agent eMoov.co.uk commented “Many years ago the fireplace was the focal point of most people’s lounge, but those days a long gone. Property buyers now want space for their entertainment hub, most notably the large flatscreen TV.“