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Thread: News - Rightmove mulls adding broadband speeds to house listings

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    News - Rightmove mulls adding broadband speeds to house listings

    Internet info could join energy efficiency and other home features.
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    Re: News - Rightmove mulls adding broadband speeds to house listings

    This could be a bad thing I think - On speed reports (which I believe BT provide) I'm supposed to get 10Mb - I actually get 14Mb - Would I be able to get the correct speed added? If not this potentially affects my properties value. Could be opening themselves up to a lot of lawsuits?

    Also does it mention cable speeds?
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    Re: News - Rightmove mulls adding broadband speeds to house listings

    I also thnk it's a bad idea, for a different reason. I always ask what the broadband speeds are like when viewing a house, which puts me at a slight advantage. If other people forget to ask, or don't have the estimated speeds right under their noses, then they may be less likely to pursue the property, meaning I have a better chance of having my offer accepted.

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    Re: News - Rightmove mulls adding broadband speeds to house listings

    If they use BT's information, or SamKnows etc then they are setting themselves up for a fall and plenty of complaints about misleading information and seller's complaining about having their prospects reduced.

    BT/SamKnows think I should get around 4-5Mbps from a regular 8Mbps service, based on a facile straight line distance to exchange (~1.9Km), sadly the real cable length is ~5Km and I get 2Mbps on a good day, 1.5 on a bad one, from Be ADSL2+ as well. There is no Virgin cable, an Infinity probably won't be available on my street. 3G is also crap, I don't get it in my flat or on most of the surrounding land/streets.

    I live in a reasonably nice area of North London, nevermind the countryside there are telecoms blackspots in what is supposedly one of the world's greatest cities in an area where you'd think there were plenty of people willing to pay extra for good service (including me).

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    Re: News - Rightmove mulls adding broadband speeds to house listings

    Not good that there's the prospect of misleading/wrong/incomplete information. Perhaps not good for the majority of consumers? If not, probably only not good because of aforementioned chance of basing a housing decision on wrong information. Good for the website since it means more traffic to the site and thus more ad revenue.

    Supposing the information is actually accurate, which may or may not be feasible, I think it would be a good thing for the majority of buyers, based on more information being better than less information. Not everyone, but most.
    As for sellers - well, it will probably advantage some and disadvantage others. But at the end of the day, people will only pay what they think a house is worth, and if they care about broadband speeds enough to consider paying more for a house with faster speeds, they would have asked that anyway, so it probably won't have that much of an effect overall.

    All IMO, of course.

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    Re: News - Rightmove mulls adding broadband speeds to house listings

    Quote Originally Posted by kingpotnoodle View Post
    BT/SamKnows think I should get around 4-5Mbps from a regular 8Mbps service, based on a facile straight line distance to exchange (~1.9Km), sadly the real cable length is ~5Km and I get 2Mbps on a good day, 1.5 on a bad one.
    First of all thanks for the SamKnows website - I hadn't heard of it before but hear what you say about taking the info there with a large grain of salt.

    Btw, how do you know that the 'real' cable length to your house is ~5Km? Just a guestimate? Calculated based on the speed you're getting? Or is there a website or person somewhere which can tell you? Thks

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    Re: News - Rightmove mulls adding broadband speeds to house listings

    kingpotnoodle yes and no. So long as they word and present it well, and people know that the figure is a 'theoretical realistic maximum' that in itself is helpful, its no guarantee, but someone like me who wants to work from home can rule out properties quickly.
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