Low Voltage way leave agreements

I skeet getting a letter from Thomas Broadbent electricity wayletvers saying that our property may be affected by a low voltage power line and that they can negotiate a new fixed term agreement which will entitle us to between £100 and £1500.

Is this genuine or just another scam

thanks

Comments

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
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    smallzoo2 wrote: »
    our property may be affected by a low voltage power line and that they can negotiate a new fixed term agreement which will entitle us to between £100 and £1500.

    Is this genuine or just another scam
    Nobody needs to employ a Claims Management Company to "negotiate". It's not a "scam", but the company will take a large proportion of any money awarded for doing something you can easily do yourself. Far from getting you more money, you'll be left with far less.

    If you have power cables crossing over your property contact your electricity supplier in the first instance and take it from there.. Note that Thomson Broadbent have a 'connected' law firm, Batt Broadbent - set up to capitalise on the fact that you will need the aid of a solicitor and surveyor, but you can find your own solicitor and so avoid paying the Claim Company's additional fees.

    Note that this is a one-off compensation for something which will continue to significantly devalue your home and for which there are doubts over possible detriment to health due to long-term exposure. The alternative is to demand the cables are removed, but this can prove impossible due to complicated legal rights.
  • smallzoo2
    smallzoo2 Posts: 334 Forumite
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    thanks

    I have emailed my supplier to see what they say first
  • Nasqueron
    Nasqueron Posts: 10,465 Forumite
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    Is power lines the new PPI for claims firms I wonder...


    Few posts here all on this topic all starting today

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
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    Nasqueron wrote: »
    Is power lines the new PPI for claims firms I wonder...
    Hardly.

    The firm mentioned in the OP have been operating for years and have the Wayleave "market" rather sewn up.

    In addition, how many power lines do you think actually cross over domestic property?
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
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    smallzoo2 wrote: »

    I have emailed my supplier to see what they say first
    They'll likely refer you to whoever operates the pylon.

    Another thing to note is that there may already be a Wayleave in place from a previous owner of your property. In which case, you are wasting your time...
  • Nasqueron
    Nasqueron Posts: 10,465 Forumite
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    edited 30 May 2019 at 11:54AM
    I'm well aware the process exists and the reasonably limited number but at the same time, a few posts out of the blue about the same money spinner maybe indicates a claims firm trying to poke into a new market as PPI is ending (or get referral fees/a cut).


    You can see the same on the mortgage forum with firms trying to complain about "miss-sold" interest only mortgages

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
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    Nasqueron wrote: »
    maybe indicates a claims firm trying to poke into a new market as PPI is ending (or get referral fees/a cut).
    As mentioned above, Thomas Broadbent have been in this business for many years. It's not a "new market" for them.
    They must be pushing their wares via letter and it's simply coincidence that two separate posts on the subject have appeared in the last 24 hours. (Unless someone from the Claim Firm is posting, of course ;) )

    There is a long thread dating back to Christmas 2011 (almost the height of the PPI fiasco) about this subject:
    https://forums.moneysavingexpert.com/discussion/3693507/overhead-power-line-compensation
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