Smell the Fear Posted May 28, 2006 Share Posted May 28, 2006 I get a few free "aspirational lifestyle" magazines through the door every month here in SW London. Poncy articles about kids having £10k birthday parties, plastic surgery ads for rich banker's trophy wives etc. But mostly it is full of high end property porn - lots of houses in the £500k - £2m bracket. Seems like a bit of a waste to give it to the likes of me, but there you go. Anyway, lodged inside one of them yesterday I found a leaflet from an outfit called Land Heritage UK (website is at Link Here's the blurb: "A small investment could reap big rewards. New government house building plans have created a massive unmet need for new land. This has created an opportunity for ordinary investors to potentially achieve major returns. Send for a free no obligation brochure that explains how you can have a stake in this opportunity for as little as £4k. Once planning permission is obtained, land can uplift in value by 250% or more!" Now, I am aware that this is not necessarily a new scam - I have seen this sort of thing before. But could there be anything in it this time? Will the reforms of planning law be sufficient to make this worthwhile? Also - how many new build dwellings would be required in the UK (i.e. if you could make them appear instantaneously) to significantly lower prices of all homes? Would anyone hazard a guess at the likely mathematical relationship between new homes and overall market prices? Assume that these homes were to be built by expanding the suburbs of existing towns and cities, not plonked in the middle of nowhere. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 28, 2006 Share Posted May 28, 2006 As property has gone off the boil (I blame the Beenie moving on) this is now the new scam of the moment, even Inside Track are pushing it, the promise of never to be forthcoming planning permission and unrivaled profits for a mere £25,000 investment is obviously too tempting for the more MEW'ed money than sense crowd. We've been over this before, if you really want land then simply look in the farmers weekly and buy a field. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 28, 2006 Share Posted May 28, 2006 Land Heritage UK (website is at Link Wow, that's so simple, even an idiot could understand that Quote Link to comment Share on other sites More sharing options...
Its time to buy Posted May 28, 2006 Share Posted May 28, 2006 can you run that by me again Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 28, 2006 Share Posted May 28, 2006 (edited) can you run that by me again 1. They buy land for a song off a farmer (say £10,000 for a couple of acres) 2. They then churn up a dirt path with a 4x4 (see 4.) and mark out 60 'plots' with sticks of wood (£4.99) 3. They then try and sell each plot for £20,000 each in a glossy magazine and website. 4. Profit! 5. Run! 6. Repeat as required. Simple, eh? Edited May 28, 2006 by BuyingBear Quote Link to comment Share on other sites More sharing options...
Robbrent Posted May 28, 2006 Share Posted May 28, 2006 I guess this is for another topic, but does it ever make you wonder, why people who have found the new pathway to unlimited riches feel the need to sell you the information. I much as I respect The Daily Reckoning Newsletter, it’s parent company is full of little gems like that, or is it just me, if I found the road to riches like so many of these people claim, I would be F**** if I would let you lot know Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted May 28, 2006 Share Posted May 28, 2006 1. They buy land for a song off a farmer (say £10,000 for a couple of acres) 2. They then churn up a dirt path with a 4x4 (see 4.) and mark out 60 'plots' with sticks of wood (£4.99) 3. They then try and sell each plot for £20,000 each in a glossy magazine and website. 4. Profit! 5. Run! 6. Repeat as required. Simple, eh? The thing you left out is, some of them also include a clause whereby they get a cut of the DEVELOPED sale price if you sell later, SO. 1. you buy the land and take the risk. 2. if you get the permission you build the house, then 3. they get a cut on the value of the land AND HOUSE. My what an opportunity Quote Link to comment Share on other sites More sharing options...
Guest Posted May 28, 2006 Share Posted May 28, 2006 then simply look in the farmers weekly and buy a field. If you have a field, then you can simply have a tent. I assume you don't need planning permission for a tent. Then you can host a local Glastonbury festival as well, in order to be in good company during the summer. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 28, 2006 Share Posted May 28, 2006 If you have a field, then you can simply have a tent. I assume you don't need planning permission for a tent. wouldn't know Quote Link to comment Share on other sites More sharing options...
BillyShears Posted May 28, 2006 Share Posted May 28, 2006 If someone bought a house backing onto a farmer's field, and then bought the field, could they knock down the back fence and have a really big back garden. Or would this require planning permission? Billy Shears Quote Link to comment Share on other sites More sharing options...
Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted May 28, 2006 Share Posted May 28, 2006 Billy Sheares - I'm 99% sure you can - so long as you're just planning a plain garden that is - no heavy landscaping work. Check with your local planners but I used to live in a National Park and people did what you're suggesting all the time - no enforcement officers turned up. A farmer I know recently got fined for allowing campers in a field for beyond a certain number of days per year (think it was 60 days?? might be wrong) 10 grand for 2 acres - you'll be lucky! More like 40 grand for 2 acres in these parts for a back-garden extension. Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted May 28, 2006 Share Posted May 28, 2006 If someone bought a house backing onto a farmer's field, and then bought the field, could they knock down the back fence and have a really big back garden. Or would this require planning permission? Billy Shears over the past few years this has been an ongoing minor narrative in the press. all these happened in the last 3 years. unfortunately y keyboard is playing up so it is hell searching: if you have a field you do need planning permisission to turn it into a garden. there was a case where someone extended their garden into their ajoining allotment and were forced to deconstruct it. if you have a tent you need perission for that it it is your peranent hoe. a couple of hippies lived in a yurt (big tent) in devon for about 10 years and then the local council forced the off the land. if you want to exercise your horse you have to have planning permission. a little girl got forced out of her field only the other day. if you want to breath you better check local regulations... Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 28, 2006 Share Posted May 28, 2006 if you have a tent you need perission for that it it is your peranent hoe. I long for a peranent hoe. Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted May 29, 2006 Share Posted May 29, 2006 I long for a peranent hoe. sorry... I have an infection on my PC, and I have to cut and paste the m manually. But I know what you mean... Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 29, 2006 Share Posted May 29, 2006 sorry... I have an infection on my PC, and I have to cut and paste the m manually. But I know what you mean... Hoes, infections... I've heard enough! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.