Property news roundup: Nearly three quarters of househunters take internet speed into account when looking to move

Plus, repossession rates down, and worry problems worse for fortysomething renters

Around 71 per cent of homehunters in Britain take internet speed into account when looking for a new home,

The report from broadband and telephony provider KC suggests the importance of a good connection is the result of the growth in homeworking and increased use of tablets and other desirable gadgets such as games consoles and smart televisions.

Last year RightMove added typical broadband speeds to homes listed on its website.

"Homeowners are a lot more reliant on technology and good internet provision now than in previous years,” said Jan Hÿtch, President of the National Association of Estate Agents. "This need for high performance connectivity means internet speeds can often play a big part in the purchasing decision. For some house hunters, good, reliable and high capacity broadband can be more important to them than having a driveway, a garden, or even being close to local amenities, which is why in certain areas buyers are prepared to pay a premium for an exceptionally good internet connection."

2013 repossession rate lowest since 2007

The number and proportion of mortgages ending in repossession was lower in 2013 than in any year since 2007, according to the Council of Mortgage Lenders. At 28,900, the number of repossessions represented 0.26 per cent of outstanding mortgages.This compares with 33,900 repossessions and a rate of 0.30n per cent in 2012.

Mortgage arrears have also declined. At the end of 2013, 1.29 per cent of all mortgages were in arrears to the value of at least 2.5 per cent of the loan balance (i.e. at least £2,500 arrears on a £100,000 loan). At the end of 2012, the figure was 1.40 per cent.

CML director general Paul Smee said: "Mortgage arrears and repossessions continue to fall, with low interest rates, relatively strong employment, and lender practices all combining to keep most people in their homes even if problems arise. Lenders recognise that temporary changes to circumstances can knock households off track - we only need to look at the experiences of households affected by flooding right now to realise that life can contain unpleasant and unforeseen shocks."

Worry gets worse faster for over-40s who rent

The level of worry renters aged 40 or more experience rises faster with each passing year than it does for anyone else, suggests a new report from Hitachi Personal Finance.

"Renters are less likely to be optimistic about their finances, job prospects and the economy and our data shows these insecurities get much worse with age," said Hitachi Personal Finance managing director Gerald Grimes.

In its Comfort Index, mortgage-holders came out top, followed by people who live with family or friends, while those who rent scored only just above people in temporary accommodation.

Discover more property articles at Homes and Property
Arts and Entertainment
tvThe C-Word, TV review
Arts and Entertainment
The Ridiculous Six has been produced by Adam Sandler, who also stars in it
filmNew controversy after nine Native American actors walked off set
Danny Jones was in the Wales squad for the 2013 World Cup
rugby leagueKeighley Cougars half-back was taken off after just four minutes
Life and Style
The original ZX Spectrum was simple to plug into your TV and get playing on
techThirty years on, the ZX Spectrum is back, after a fashion
Property search
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

Day In a Page

'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before
'Queer saint' Peter Watson left his mark on British culture by bankrolling artworld giants

'Queer saint' who bankrolled artworld giants

British culture owes a huge debt to Peter Watson, says Michael Prodger
Pushkin Prizes: Unusual exchange programme aims to bring countries together through culture

Pushkin Prizes brings countries together

Ten Scottish schoolchildren and their Russian peers attended a creative writing workshop in the Highlands this week
14 best kids' hoodies

14 best kids' hoodies

Don't get caught out by that wind on the beach. Zip them up in a lightweight top to see them through summer to autumn
Robert Fisk in Abu Dhabi: The acceptable face of the Emirates

The acceptable face of the Emirates

Has Abu Dhabi found a way to blend petrodollars with principles, asks Robert Fisk