A deed is a written agreement, an instrument conveying real estate and can relate to:

• Transfers – The Company buys land.
• Easements in perpetuity – The Company acquires a permanent specific right across land forever
• Leases – The company acquires the right to occupy land for a set period and either makes a one off payment and/or pays an annual rent.
• Easements or Lease of easement – The Company acquires a right across land for a fixed period of time and makes a one off payment and/or pays rent

We prefer to purchase land or permanent easements as:

• they are permanent, the rights run with the land so when it is sold it will be sold subject to the rights associated with the deed.
• they are easy for the company to manage.

Easements are also known as 'Deeds of Grant'.

We usually use deeds to cover our works on land you own, to acquire rights for ground mounted plant and to cover apparatus which because of its cost and or strategic importance within our network is considered to be of high value.

Deed Terms

The Deed defines:

• what if any land we have taken.
• any conditions the we have agreed to comply with (restrictive covenants) 
• any rights we have acquired across any land the seller/landlord has retained.

If we are acquiring any rights across land you own we will buy them from you for £100. The £100 is to satisfy land registry rules and is included in our quotation for the project.

If to provide your connection we need to acquire rights from a third party we will usually have to pay an open market value and will recover this amount from you.