Home » Investments » Land Investment

Warning regarding Investment Land for Sale!

Source: www.plotwant.co.uk
Topic: Land Investment

Sort Desciption: If buying â€˜Investment Landâ€™ you should consider that it will not get planning ... Land Investment companies are accused of selling expensive plots of a 1/5 ...

Content Inside: Warning regarding Investment Land for Sale! You will have noticed a lot of sites selling land for sale with potential to self-build on them. These sites are usually plotted, marked out and re-registered at the Land Registry into tenth and fifth of an acre plots. You will notice too how much cheaper this land is due to it not having acquired planning consent. Here are some pointers that if you are planning to self build ought to make you think seriously about how you are going to acquire an ideal site. 1). Towns and Villages are subject to local authority plans. These are often called Local Plans. These show via a map, usually called the Proposals Map, the extent of the area in which development is allowed, defined by the Settlement Boundary. 2). Land outside the Settlement Boundary is called Agricultural Land, Greenbelt Land, Greenfield Land and Accommodation Land. All this land is usually labelled by the press and the like as Greenbelt. 3). Contrary to popular belief Greenbelt Land is often actually built on! However, only after lengthy consultation to include it within the Settlement Boundary defined by the Local Plan. This will not happen overnight! Greenbelt Land for development is usually identified in approximately 5-year cycles for its development potential for inclusion in the â€˜Settlement Boundaryâ€™. This is a specialist job best left to planning consultants and of course if a site remains unadopted for development another five years may lapse and then another. 4). Just submitting a planning application by a â€˜Plot-Ownersâ€™ committee for housing on an â€˜Investment Siteâ€™ and hoping for the best is very unlikely to succeed to the advantage of gaining planning consent and will most likely negatively effect future planning applications. 5). If buying â€˜Investment Landâ€™ you should consider that it will not get planning for at least 5, 10, 15 years, if ever. We advise you not to buy this type of land if you expect to self-build with ...

Related PDF Files:

» Land as Investment (Micronesia)

Host: unpan1.un.org

Any kind of investment, whether from outside money or through. bank loans, will inevitably involve the use of our land, as we shall ...

Filed under Land Investment | 22 Downloads