Wayleave - apply direct or via Thomson Broadbent?

marmitemum

We have just had a letter from Thomson Broadbent advising us that we are entitled to compensation from Southern Electric as we have a pole on our property and cables crossing it. Is there any advantage or disadvantage to going through a company rather than approaching Southern Electric directly? I understand we’d have to pay them 20% + VAT of any settlement, but might they get more than if we went direct?

JJ_Egan

https://savvydad.co.uk/wayleave-payments/


They have contacted you for them to make money .

marmitemum

Yes I know JJ Egan, but I stand to benefit too - my question is whether it’s better to do it myself or via a company, given that they might possibly negotiate a higher offer.

Mister_G

I negotiated mine directly with SSE's agents. They told me that standard rates apply, so if you use Broadbents you will get 20% less than doing it yourself.

The whole process is quite protracted and took about a year from start to end.

fozz010

I received a letter from a company but have taken advice on here and gone direct to SSE.

They have offered me this.

Option 1 – A 15 year term agreement with a payment of £200.09 then after 15 years this will revert to an annual as this is set at such an enhanced rate there is no back payment.

Option 2 – An annual payment of £1.53which we can back pay up to 6 years.

Option 2 seems a little weird.

Is that about right for the payments?

Thanks
Marc

Mister_G

Looks to be in line with the figures quoted on the Savvydad website.

JC_Derby

Not sure why anyone would advocate paying someone money for something that can be done for virtually nothing?