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Wayleave (Electricity)

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JessUK98
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Wayleave (Electricity)

#501232

Postby JessUK98 » May 18th, 2022, 11:49 am

I’ve had a second letter in as many years from a company about wayleave payments regarding the “low voltage electricity apparatus” that affects my property.
They claim to only charge 20% plus VAT of the payment for their professional fees and disbursements once the payment is successful, with no fee applicable if my claim in unsuccessful.

I have a box on the side of my house that comes from the pylon, and this goes to other properties (I also have a cable running along the front of my house hidden under the guttering that goes to the other terraces on my row - I’m the end house). The box used to be on the front of my house but some years ago when the electricity provider was redoing the cables they asked me if they could put it on the side of my house instead. I didn’t think anything of this so said yes. I also have a cable in the “airspace” above my garden (in the past they’ve also asked me if they could cut the top of my tree down as it was too near the cable - I just let them crack on with that as well).
I’m presuming that this is the equipment they are referring to. I’ve been here nearly 20 years and it has always been attached to my house so not something I’ve ever thought about.

Is this a swizz, or something I should be looking into?

TIA,

Jess.

pje16
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Re: Wayleave (Electricity)

#501236

Postby pje16 » May 18th, 2022, 11:56 am

I used to see income for wayleaves for my estate clients many years ago, they were already in place so I was never invovled in setting them up
20% does seem on the high side
more info here
https://savvydad.co.uk/wayleave-payments/
(never come across savvydad.co.uk before - seems to be worth a look

didds
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Re: Wayleave (Electricity)

#501251

Postby didds » May 18th, 2022, 12:38 pm

purely out of interest here ...

what benefits would utilising their services and only 80% of your wayleave payments to yourself provide you with?

Are you not receiving the wayleave payments ? Cos if you are what possible improvement could paying tis company 20% of them give you?

didds

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Re: Wayleave (Electricity)

#501252

Postby bungeejumper » May 18th, 2022, 12:41 pm

We only have a pole and one power line running across our land, but yes, we do get a wayleave payment. It must be worth all of £11 a year. ;) But because you've got the low voltage box on your house you should probably be entitled to more? I think there are well-established scales of payment for this kind of thing, and you should be able to cut out the middleman and negotiate directly.

This web page seems to have the main areas covered: https://moneysavvydaddy.com/wayleave-payments/ One useful thought is that it seems you can back-date a claim for wayleave payments by up to six years. Which might alter the financial advantage somewhat?

Yes, we also get the letters offering to boost our annual wayleave cheques in return for 20% of the winnings, plus VAT. In our case, that would mean giving about £2.50 to the middleman. He won't get fat on that, unless the transaction gives him some kind of additional rights which aren't immediately visible to the naked eye. :?

Do it yourself. I doubt it'll be difficult.

BJ

JessUK98
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Re: Wayleave (Electricity)

#501291

Postby JessUK98 » May 18th, 2022, 2:25 pm

didds wrote:purely out of interest here ...

what benefits would utilising their services and only 80% of your wayleave payments to yourself provide you with?

Are you not receiving the wayleave payments ? Cos if you are what possible improvement could paying tis company 20% of them give you?

didds


I’m not getting any wayleave payments currently. So I’d potentially get some £ but not enough for a bottle of wine by the sounds of it :lol:

pje16
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Re: Wayleave (Electricity)

#501292

Postby pje16 » May 18th, 2022, 2:31 pm

Wayleave amounts do tend to be trivial
enjoy the booze :D

bungeejumper
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Re: Wayleave (Electricity)

#501301

Postby bungeejumper » May 18th, 2022, 2:49 pm

JessUK98 wrote:I’m not getting any wayleave payments currently. So I’d potentially get some £ but not enough for a bottle of wine by the sounds of it :lol:

Ah yes, but half a dozen bottles might be worth the trouble, perhaps?

BJ

pje16
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Re: Wayleave (Electricity)

#501304

Postby pje16 » May 18th, 2022, 2:52 pm

I said enjoy, not get plastered

or is that the same thing :lol:

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Re: Wayleave (Electricity)

#501464

Postby RedSnapper » May 19th, 2022, 8:56 am

We had a guy knock on the door offering a similar deal a few years back. We have some lines overflying our front garden and a pole that anchors there too. I was a bit dubious....the guy was Very Salesy and pushy. I contacted the supplier (Western Power) and it turns out they have a dedicated wayleave department to deal with exactly this. They offered a choice of small annual payments, a five year payment or a 10 year payment. The 10 year was several hundred £s so we took that.

pje16
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Re: Wayleave (Electricity)

#501467

Postby pje16 » May 19th, 2022, 8:59 am

RedSnapper wrote:the guy was Very Salesy and pushy.

When they are like that I get the view that there is more in it for them than me, so they get told to "go away" :lol:

DrFfybes
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Re: Wayleave (Electricity)

#501568

Postby DrFfybes » May 19th, 2022, 3:52 pm

Wayleaves are generally pretty minimal, £10-20. A friend had broadband installed to his house from the neighbouring exchange as his didn't have it at the time and he worked in IT. They ran ascross his paddock and installed 2 poles to do it, at a cost to him of £2k. He still gets £20/year for the 2 poles.

I can't see how it is even viable for the negotiator, although they do get paid pretty much for ever once they set it up.


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