How much do you get for a BT Wayleave?
How much do you get for a BT Wayleave?
The payments can range wildly from 1% of your property value to 4%, certainly something worth pursuing. This is why we mentioned earlier using a wayleave agreement surveyor to claim for you. They’re skilled in the field, and ultimately are far more likely to negotiate a larger payment.
What does a Wayleave officer do?
As a Wayleave Officer you will be liaising with Land Owners, Occupiers, Agents, Local Authorities and other statutory bodies to secure all necessary legal and environmental consents to place new telecoms apparatus on third party land and to gain access to existing apparatus.
What is a BT Wayleave agreement?
What’s a wayleave agreement? A written legal agreement between us and the land or property owner. It gives us permission to install, maintain or repair the network equipment that’s on their property.
What is a BT Wayleave search?
The search will indicate if there are any easements and wayleave agreements affecting the land. If the client decides to proceed with the development, details of proposals need to be forwarded to the data provider in order to notify the Design Team and Road works Planning Group that works will commence.
Are Wayleaves taxable?
Payments for wayleaves Rent received in respect of a wayleave is taxed as property income by Chapter 3 of Part3 of ITTOIA05 (property businesses) unless it falls within: Chapter 9 (rent receivable for UK electric-line wayleaves), see PIM1118.
Can BT put a pole outside my house?
BT can install poles wherever they wish without up front planning permission or authority however, if objections are raised it will then be reviewed.
Can I refuse a Wayleave?
Wayleaves generally only give contractual rights (i.e. unlike an easement) and so aren’t treated as ‘dispositions’ of land and are personal between the contracting parties. Most can be terminated by giving notice – normally quite a long notice period of around six – 12 months – but can last for many years.
Are Wayleaves registrable?
An easement is also registrable as a legal interest at the Land Registry, whereas a wayleave is not, although since 2002 they must now be disclosed on an application to register the property, which means that they will be noted on the register as an overriding interest.
Does BT need a Wayleave?
Please note BT does not require a wayleave agreement where the apparatus provides service to your property only – the necessary written agreement is contained in the service contract with your Communications Provider. Please note that the declaration should be completed by the freeholder.
Do Wayleaves need to be registered?
A wayleave can be treated as an easement – which is the grant of an interest in land and can be protected by registration at Land Registry.
How long does a Wayleave last?
Are Wayleaves transferable?
A wayleave is a terminable licence that is linked to the owners/occupiers of property and land, rather than the land itself. Given that a wayleave is usually a temporary agreement with the land owner, it does not automatically transfer to the new incumbent should a property or piece of land be sold.
What is the process of completing a wayleave successfully?
The process of completing a wayleave successfully can be very lengthy and complex, involving a wide array of stakeholders. BT Wholesale Managed Services has therefore teamed up with Cluttons, the property consultancy, to develop a more streamlined approach.
Can I get a wayleave for someone else?
Yes, but only if the wayleave is for apparatus on your property that will provide service to a third party. This is someone who you’ll be legally unrelated to. We have standard rates which you can ask to see. I have a wayleave agreement with Openreach and I need to change my contact or payment details.
What is a wayleave agreement?
Wayleave agreements give us permission to install and maintain our apparatus on privately owned land or some types of buildings, such as apartment blocks. What’s a wayleave agreement?
How do I change or change my wayleave payment details?
To change or give us your payment details fill in this form. You only need to do this if you already have a wayleave agreement with us, and it states that we’ll pay you for it. If you get wayleave payments from us by cheque, we might have asked you to give us your bank details so we can pay you by BACS.