Telecoms Leases – Missed Rent Reviews

The introduction of the New Telecoms Code (“the New Code”) has reshaped the dynamic between landowners and telecoms operators, tilting the balance of power firmly in favour of operators.

One of the most significant impacts has been on the rent landowners receive.

Under the previous regime, landowners enjoyed market rents from telecoms operators. However, the New Code replaces this with a statutory valuation mechanism, often resulting in significantly reduced rents.

For higher education providers, this shift has posed considerable challenges. Many have seen their rental income drop following lease renewals. With the cost of accommodating telecoms equipment—including managing access requests and addressing disputes over damages (like roof leaks)—now outweighing the benefits of reduced rents, the financial implications can be far-reaching.

The Importance of Securing Higher Rents

Despite the constraints of the New Code, it remains crucial for higher education providers to explore ways to maximise rental income from telecoms operators. Maintaining a steady income stream is vital to offset the costs associated with hosting telecoms apparatus.

How We Can Help

We’ve worked extensively with landowners, including higher education providers, to review their telecoms leases and identify opportunities to maintain or increase rental levels.

Here’s how we’ve supported our clients:

Activating Rent Review Provisions

Many telecoms leases include rent review clauses that have not been triggered for years. By reviewing these provisions, we’ve helped clients secure significant sums in backdated rent from operators. In some cases, this has amounted to thousands of pounds in unpaid rental income.

Tailored Lease Reviews

Every telecoms lease is unique, with varying terms for rent reviews, valuation mechanisms, and trigger dates. Our team conducts detailed reviews to assess your position and uncover opportunities to maximise rental income or recover arrears.

Real Results for Our Clients

We have successfully helped landowners activate historical rent reviews, secure backdated payments, and negotiate improved terms with operators. By taking proactive steps, higher education providers can regain control over their telecoms leases and ensure they receive fair value for the use of their land and buildings.

Let’s Work Together

If you’re a higher education provider facing reduced telecoms rent or untapped rent review opportunities, our team is here to help. We can review your telecoms leases, provide strategic advice, and help you secure the income you deserve.

Contact us today to explore how we can support you with the challenges of the New Code and maximising your rental income.