Do you have an insulated home & how important is broadband to you?

Posted: 28/09/2012

According to figures released from the Department of Energy and Climate Change, 65% of the 23.4 million British homes with a loft now have loft insulation and 68% of homes with cavity walls now have wall insulation.

Since the Government introduced its Carbon Emissions Reduction Target in April 2008, 4.5 million lofts have been insulated and over 2 million cavity walls treated. Reports say that the number of cavity wall insulation has doubled in the last quarter of this year compared to the same quarter a last year.

The biggest increase in homes with loft insulation was experienced between the start of July 2011 and July 2012 with an increase of 30% however, only 2% of the 7.9 million homes in Britain with sold walls have had work undertaken on them. The Department of Energy and Climate Change also revealed that the number of homes that could will benefit from both wall and loft insulation. They estimate that at the start of July there were 5.6 million cavity wall properties remaining to receive insulation but of solid wall properties a massive 97% remain untreated and for those homes with lofts only 35% remain without insulation.

And if you’re thinking about purchasing a new home, how important is broadband speed to you? According to the latest property poll, fast broadband is more important to house buyers than off street parking!

In these times where the internet is king and is heavily relied upon for work and leisure proposes, a good connection to broadband can add 5% to a properties value! That adds a astounding £15,000 to the value of a £300,000 property! Would you be willing to pay the price for fast broadband?

19% of people in the poll stated that sorting there broadband connection is the first service they would sort out above gas at 10% and TV at 8% however electricity is the only utility that has a higher priority than broadband, with 21% of home buyers seeking suppliers first. Estate agents have revealed that property adverts which include broadband connection speeds receive double the amount of viewings and one in five home buyers have checked broadband speeds when evaluating homes before they have even taken a stroll around the area.

An unbelievable one in ten home buyers have rejected a potential new home due to its poor broadband connection. All of the figures above relating to broadband have been calculated out of the 2,000 people who took part in the poll. The other amenities that fast broadband connection was ranked above was access to a nearby pub and shops, good mobile phone signal, public transport and local road networks.

In addition, 54% of home buyers considered broadband speed before moving into a new property but only 37% checked crime rates. The Government has recently announced a £114 million broadband investment in key cities to insure Britain has the fastest broadband in Europe by 2015 as speeds vary greatly across the country at the moment.

Has your home had loft or cavity wall insulation and has it been installed for free? Have you noticed a reduction in your energy bill due to your house staying warmer? How important is your broadband connection in relation to purchasing a new home? Can you relate to the above figures or do you think its ludicrous to consider broadband speed before crime rates?

Amanda McGovern, Pali Ltd

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(0) Comments broadband, insulation, home, Government, house, property

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