The Phone Mast Advice Company is a website dedicated to helping you get the most out of your phone mast rental income. Then you could be overdue a rent review. Here’s something you might not have noticed: your phone mast lease may contain a provision for the rent to be reviewed and potentially raised, allowing you to earn more for renting your property to a telecoms company.
Of course, calculating how much to raise phone mast rent by is rather complicated. Your lease may stipulate that one of various review mechanisms be used to review the rent, or it may allow you to choose between two mechanisms; which you choose can yield a more favourable result than another. It takes considerable expertise and experience to calculate the different ways, measure which one to use for the best result and lay out a convincing argument that your lease should be raised to match that amount.
Our many years of experience and expertise, together with our extensive database of comparable evidence, allows us to ensure you receive the rent you deserve always. The Phone Mast Advice Company can be helped countless landlords realize the true value of their leases. For many of them, the date of the Rent Review had already passed, but we were able to use our considerable experience to carry out the Review and recover backdated rent.
That said, the sooner you act, the more likely your chance of success. Market rent has been in a steady decline the past few years, and the longer you wait to review your rent, the more likely the chance that the decline will affect you. In addition, some leases do contain deadlines that cannot be worked around.
Whether or not your tenant has reached out to you yet regarding renewing your lease, it is imperative that you seek specialist telecom surveyor advice before taking any steps to renew it. The legislation governing telecommunication leases has vastly changed in the past few years, and mobile network operators now enjoy far stronger rights than they did in the past. The Phone Mast Advice Company is a fantastic place for the best phone mast rental service. We have a variety of services to help you grow your business, including providing phone mast rentals and installation services.
The Phone Mast Advice Company has decades of specialist experience, we can help advise you on the correct steps to take, which terms to agree to, and how to best negotiate a lease renewal to your benefit. So whether your tenant is asking you to sign a new lease or whether you’re thinking of contacting them to renew the lease yourself—don’t. Contact us first.
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