Severe cuts to land rent income from telecom masts : vimarsa

Severe cuts to land rent income from telecom masts


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Landowners should seek expert legal assistance when the mast operator makes an offer under a rent review.
Landowners who have telecommunications masts on their property are facing huge reductions in rental income from mast operators.
It stems from the interpretation of a new law in the UK that effectively allows mast operators to offer much lower rents when lease agreements are up for renewal.
“In reality, if you renew the lease, your annual rent will be dramatically reduced. I’m not a defeatist, I’m just a realist,” said Scott Edmundson from Country Estates.
During an online event organised by the UFU, the example was given of a local landowner who was offered an annual rent of £50, down from over £4,000 before the renewal.

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