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By Order Of The Offical Receiver


SarahBell
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http://www.rightmove...y-20738916.html

BY ORDER OF THE OFFICAL RECEIVER* Set in a SECURE GATED DEVELOPMENT and with VIEWS TOWARDS POOLE HARBOUR a 5 BEDROOM HOUSE

Wow.

That house looks familiar. Hasn't it been featured in a hpc thread before. 3 houses all similar in a crescent. Something about the driveway, and the prices?

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I meant 'Wow' at the Order of The Official Receiver heading. Not at the house itself. That's the first house I've seen on the internet openly described in that way. Only one I've heard of before is when Serpico bought his house cheap from an EA in similar circumstances, when the EA let him peek at the title in his file, Order of Customs & Excise. Until Serpico then went about buying nearly everything else in the boom which followed, planes, horses and top of the range cars, and then lost his own home in the next bust.

Got mixed before and it's not the house I thought it might be. Which was this development.

bou100319_38.jpg?1283774424

http://www.housepricecrash.co.uk/forum/index.php?showtopic=154893&st=0&p=2794038entry2794038

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http://www.rightmove...y-20738916.html

BY ORDER OF THE OFFICAL RECEIVER* Set in a SECURE GATED DEVELOPMENT and with VIEWS TOWARDS POOLE HARBOUR a 5 BEDROOM HOUSE

In most cases where the owner goes bust, the property would be repossessed by the mortgage lender and sold by them. I would image in this case that the bankrupt who owned this property had no loans secured against it, which is pretty rare.

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Picture 9 looks like a developer's showroom - maybe a developer gone bust?

In May 2010 it was on the market with at Offers in Region of £3,495,000.

In November they reduced asking price down to Offers in Region of £2,950,000.

Old Rightmove link http://www.rightmove.co.uk/property-for-sale/new-homes/property-29990657.html

Now with Sarah's Rightmove link, on at £1,900,000.

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Picture 9 looks like a developer's showroom - maybe a developer gone bust?

Spot On.

Photo 2 on Rightmove shows an LCD screen with "Welcome to Lapis"

Here is the developer's web page for the properties (stating 3 available off plan) (note all the pictures have Lapis related captions)

Website is copyright Barrington Homes. Slightly odd that a website trying to flog multi million pound developments has no contact phone number, just an email us and we'll get back to you option.

Barrington Homes (Poole) Limited and

Barrington Homes (Property) Limited are both shown in receivership on Companies House.

The developers behind these properties have also been in the local news for killing trees in an attempt to secure planning permission. Found guilty awaiting sentencing due this month.

News article here

The pair bought the land for £4.5 million through their firm Barrington Homes and had planning permission to build two houses at the property in Banks Road, the largest undeveloped site on Sandbanks in Poole.

However, their company was in financial difficulties, and they submitted a further pre-application enquiry to build three homes in June 2010.

They were told it was likely to be refused and within three weeks, between 14 and 18 inches of bark had been cut from three Corsican pines and two Scots Pines.

Another article here

from that article..,. Collier also suggested aggrieved creditors owed money by his company could have carried out the attack.

The same RM estate agent is listing This property

Bought in 2008 for £1.2m, now up for sale again for £1.2m with the benfit of planning permission granted to Barrington Homes to demolish said property and build a modern mansion. RM entry doesn't give any details of the existing house unless you look at the full PDF.

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Spot On.

Photo 2 on Rightmove shows an LCD screen with "Welcome to Lapis"

Here is the developer's web page for the properties (stating 3 available off plan) (note all the pictures have Lapis related captions)

Website is copyright Barrington Homes. Slightly odd that a website trying to flog multi million pound developments has no contact phone number, just an email us and we'll get back to you option.

Barrington Homes (Poole) Limited and

Barrington Homes (Property) Limited are both shown in receivership on Companies House.

That link you gave re 138 Canford Cliffs Road. 'Nestled away down a private drive is a Gated Development of 3 Bespoke Luxury Homes All three houses are currently available for sale, off plan.'

Number 138 last sold for £3,250,000 in August 2007. That will have been the main house that stood there, to be flattened for development? Maybe with space for 2 homes to be built on that site.

I don't know what wheeler dealing for chopping the site up was involved. Sarah's link was for number 136 and that has it's own transaction history. The last sale price for number 136 was in March 2010 (£356,250). A much lower price than what number 136 sold for in year 2000, presumably when another house stood in place of the glass modern house now up for sale.

Rightmove history for 136. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=29585855&sale=43460186&country=england

Why would 136 have sold so cheaply in March 2010? In May 2010 it went back on the market at almost ten-times that sales price.

http://www.rightmove.co.uk/property-for-sale/new-homes/property-29990657.html

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That link you gave re 138 Canford Cliffs Road. 'Nestled away down a private drive is a Gated Development of 3 Bespoke Luxury Homes All three houses are currently available for sale, off plan.'

Number 138 last sold for £3,250,000 in August 2007. That will have been the main house that stood there, to be flattened for development? Maybe with space for 2 homes to be built on that site.

I don't know what wheeler dealing for chopping the site up was involved. Sarah's link was for number 136 and that has it's own transaction history. The last sale price for number 136 was in March 2010 (£356,250). A much lower price than what number 136 sold for in year 2000, presumably when another house stood in place of the glass modern house now up for sale.

Rightmove history for 136. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=29585855&sale=43460186&country=england

Why would 136 have sold so cheaply in March 2010? In May 2010 it went back on the market at almost ten-times that sales price.

http://www.rightmove.co.uk/property-for-sale/new-homes/property-29990657.html

Good little scam I expect, that's why they are so rich down at Sandbanks, its not for hard graft.

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