What Can Full Fibre Broadband Do For Landlords And Tenants
Full fibre is coming to cities and towns across the country. And as full fibre networks expand more and more people will be asking the question ‘what does it mean for me?’. For the majority it offers benefits such as faster internet speeds and more reliable connectivity, however for landlords there’s even more to consider.
Full fibre connectivity for landlords
While a landlord won’t have to worry about connecting to a streaming platform or making large downloads in their rented accommodation, having full fibre connection is a brilliant option for attracting new tenants to properties and retaining them.
Often one of the most frequent concerns for tenants in private rented housing is the option for ultrafast internet connectivity. And with the most common age group of private renters being 25–34 years old (according to the English Housing Survey) internet connection speeds and reliability are most important for an age group that is connected to the internet 24/7. Whether it’s for work or for social purposes, internet connectivity is no longer a factor that should be overlooked by private landlords.
The benefits of full fibre internet for landlords:
If you are a landlord and own one or multiple private rented properties, below is an example of some of the reasons to consider switching to full fibre:
- Attract new tenants
- Add value to your property (did you know that you can increase the value of your rented property by up to 24% with full fibre installation)
- Keep current tenants happy and retain them
- Efficiency property management
- Keep tenants on one connection
- Future-proof your properties
Full fibre broadband – A short guide for tenants
The obvious benefits for tenants are:
- Faster internet speeds
- More reliable connectivity
- No need to arrange your own connection (when already set up by a landlord)
- Perfect for multiple devices, working from home, gaming and more
However, if you are a tenant currently living in private rented accommodation, you may be wondering how is it possible to connect to a fibre network when you are not the owner of the building.
First things first, you will need to gain permission from your landlord, property owner, or the managing agent to go ahead with installing the necessary broadband infrastructure.
What is a wayleave (legal agreement)?
A wayleave agreement is a legal agreement that grants permission from the landlord or property owner to install fibre internet infrastructure on their property. It outlines the rights and responsibilities of both the property owner and the service provider, ensuring that the installation process can proceed smoothly without legal obstacles. This agreement is crucial for tenants because it legally authorises the necessary work to connect to the fibre network, allowing them to benefit from faster and more reliable internet.
Unfortunately for tenants it is not possible to install fibre broadband into a rented property without the signed agreement between the landlord and network provider. However, once a wayleave has been signed and the necessary infrastructure is installed, tenants can connect to full fibre via a broadband provider.
A tenant can however, assist in the process by contacting the landlord and kickstarting the process.
To Conclude…
Whether landlord or tenant, it is clear that the current, old, copper network is not fit for purpose and will soon be unable to provide the necessary services the nation needs to stay connected. Choosing to join the fibre network now is the best way to futureproof your connection and continue to enjoy faster internet speeds, even at peak times.