CPO Talking Heads: May
Date of Recorded Event: Wednesday 4 May 2022
CPD Hours: 1 Hour
Module Duration: 1 Hour
Price: £30 + VAT
Working with the Telecom Code
This event runs as an informal discussion with a small panel of leading and informed practitioners extracting the nuances from this months topic "Working with the Telecom Code". It will discuss practical issues that arise, with participants in the meeting being encouraged to listen, join in, ask questions and share comments.
Jonathan Stott MRICS, Gateley Hamer
Jacinta Conway, Cornerstone Telecommunications Infrastructure
Paul Williams, Carter Jonas
Colin Cottage BSc (Hons) MRICS RICS Registered Valuer, Ardent
The Electronic Communications Code - enacted in 2017 - governs the relationship between landowners and operators in regards to the installation, operation and maintenance of telecommunications equipment, and sets a framework for assessing rent. It was supposed to herald a modern and effective system to facilitate the roll out of 5G through the UK, deemed vital to the UK's economic growth. However, the number of cases that have been litigated, the often-strained relationship between landowners and telecoms companies, the petitioning from both sides for further reform and the introduction of further legislation going through Parliament is a clear indication that Government intervention did not go as intended.
This is a not a blame game event, nor to pick apart the existing or future legislation. It is more about understanding the responsibilities of the agents and advisors representing both sides and to navigate the system. Whilst property disputes occur - Landlord and Tenant, Service charges, Rating and in CPO – the telecoms arena seems to be most fractious, and where disputes are most common. This event will examine the process, relationships and responsibilities and seeks to promote best and effective practical behaviours.
Understanding the relationship
- In most L&T scenarios, the landlord wants to have someone occupy their building – the prospective tenant wants space to use. How do you deal with an unwilling participant?
- Is there an incentive to engage - bringing the parties together to negotiate
- Recognising and accommodating the imperative on both parties
Consideration and compensation expectations
- How have recent Tribunal and court decisions affected the market?
- Are there different markets for new sites, and protected/unprotected lease renewals?
- How to deal with the border country between consideration and compensation?
- What can be claimed as compensation, and when?
- When does injurious affection come into play?
Can the agents and advisors assist their client and find a course of least hostility?
- Use different language, engagement strategies
- Template agreements
- Management of contractors and the role of access policies
Is the Upper Tribunal the only option?
- RICS ADR proposals