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Landowners urged to stand firm on telecom mast rentals says Shropshire based property consultants

Pictured above: Kirsty Lees

 

Landowners with telecom masts on their property are being urged to read the small print before signing any new contracts with their phone company.

A number of landowners in the region have received letters from their telecom company outlining changes to the terms of the lease and the financial agreement.

According to Kirsty Lees, assistant surveyor with Davis Meade Property Consultants in Shropshire, the new deal will often mean reduced rents, poorer terms and assignment or mast sharing arrangements for no extra fee.

"With the mergers of telecom firms such as Vodafone and O2, Orange and T Mobile, companies are looking share the site, drop or freeze rents and change the rent formula," she said.

The mergers between Orange and TMobile is expected to allow the joint company to reduce the number of masts used by at least 5000.

"We are negotiating these changes for landowners to ensure they get a good deal and are not rail-roaded into unfair agreements. We aim to assist as many site owners as possible.  The greater the number of sites we represent, the stronger the negotiating position we can take with the telecom companies.

"There is, of course, the possibility that the telecom company may want to upgrade your mast and make it suitable for the new 3G signals. If this is the case it is again important to study your original terms in the lease and be aware of your negotiating position.

"Telecom leases in the early days were often poorly drafted and as many of these are coming up for renewal they are open for re-negotiation.   We have been able to draw up new leases for our clients with improved terms.

"It important that landowners realise they have a voice in this matter and don't get pressurised into accepting the first offer they receive," she said.

Where landowners are told that their site is not longer required they should ensure the telecom firm takes full responsibility for decommissioning the site - unless there is the strong possibility of another company being interested in the site.

"They should insist that the site is reinstated or they could have to cover the cost of decommissioning themselves.

DMPC has extensive experience in negotiating on behalf of farmers with telecommunications companies and can achieve the best rentals and terms

 

 

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Article published by Midlands Business News on 25 May, 2010

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Articles submitted by Davis Meade Property Consultants:



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  • Landowners urged to stand firm on telecom mast rentals says Shropshire based property consultants - click to read
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