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TAP warns slow broadband holds back Teesdale house prices
House prices in Teesdale are being affected by poor broadband coverage, the Teesdale Action Partnership has said.Slow broadband is holding back house prices in Teesdale, according to local forum the Teesdale Action Partnership (TAP).
While parts of the UK prepare for the introduction of super-fast 4G mobile broadband networks, many people in Teesdale are unable to receive any form of mobile signal.
Furthermore, officials involved in the Digital Dale next-generation broadband project are concerned about a lack of people expressing interest in receiving faster speeds, reports the Teesdale Mercury.
Simon Land, business representative for the TAP, urged people to sign up for the initiative, warning that people without broadband access will soon find the problem has started to affect their life.
House values are a prime example of the issues arising from insufficient or non-existing broadband, he explained.
Mr Land said: "If one house has good broadband capabilities but a similar property can't access it, which one would a family want to move into?"
In this way, lack of broadband could cost property owners thousands of pounds, he cautioned.