The introduction of the Electronic Communications Code in December 2017 radically changed the telecommunication market with huge impacts on new sites, but also potentially existing sites. The purpose of the Electronic Communications Code is to regulate the relationship between the landowner and telecoms operators from installation through to ongoing maintenance.
However, the legislation has brought about changes which are predominantly to the advantage of site operators, causing delays in reaching agreements for new sites. The legislation contains an entirely different system for agreeing “rents'', which is complex and requires expert knowledge of recent deals and transactions to secure a fair return.
youngsRPS’ agents have kept up to date with all developments and the legislative framework; we have been negotiating on behalf of landlords since the first mobile sites started to appear. We can assist on:
- Negotiating new agreements or if an operator would like to renegotiate terms
- Rent reviews
- Decommission of a mast
Site Operators are using the new legislative changes to attempt to take advantage and secure very favourable terms. It is therefore hugely important to have a pro-active agent working on your behalf to secure you the best deal possible.