EXCLUSIVE: Jamie and Sally Bird moved into their dream home after a RICS approved surveyor raised no issues with the property. They now face a £60,000 bill to fix mould, damp and decaying stonework.
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Meanwhile, 24 percent of respondents in the survey said a home should have a broadband speed of 30Mbps or greater.
This is the rate that Ofcom considers to be “superfast”, but only 69 percent of homes in the UK can reach this speed which is 27.8 million households in the UK.
Around 8.6 million homes in the UK can’t get “superfast” broadband meaning that nearly a third of homes sold each year have slower broadband.
The average house price in the UK is around £245,443, as of October 2020.
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Survey respondents were asked how much they would offer for a house with slow broadband.
| UPDATED: 22:25, Tue, Jan 12, 2021
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A new study from comparethemarket.com suggested that as many as 77 percent of Britons are missing crucial flaws in homes when they view them. The research suggested 13 percent of Britons don’t feel comfortable carrying out thorough checks during a house viewing. Meanwhile, experienced buyers spend less money fixing issues compared with first-time buyers.