| 1 |
One of the electricity companies
has been writing to property owners with pylons
and lines on their land asking them to capitalise
their wayleave in return for a one-off payment of
a multiple of the annual wayleave payments plus
a small incentive payment. What this offer fails
to point out is that many property owners are entitled
to claim for the loss in value of their property
due to the lines. By capitalising the wayleave,
the right to make this claim is lost. |
| 2 |
Without well researched comparable
transactional evidence of how pylons and lines truly
affect property values it is impossible to reach
a correct settlement. Electricity companies know
this and will use settlements made with other property
owners as the basis to settle other claims. This
can lead to considerable underpayment. Thomas &
Thomas can avoid this by reference to our database
of actual transactions of properties that are affected
by pylons and lines. |
| 3 |
This is a specialised area
of property expertise. Few property professionals
have the experience and expertise to maximise property
owners' compensation rights. Thomas & Thomas have
both the expertise and experience to gain their
clients full settlements for the loss in value of
property. |
