Thursday, October 28, 2010

Green field speculation scam land up for sale

Green field speculation scam land up for sale

The plot was divided in 45 'small plots' are typical for those scammer who buy up green field and then sell it to investors in small plots, telling the investors that there is a chance of gaining planning permission. The typical price of these plots were £10k per plot and so the vendor now ways £10799 (perhaps to get his money back). However, the value of an acre of farm land round there is probably just around £6k.. Good luck to the vendor...

Posted by easybetman @ 02:29 PM (1130 views)
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3 thoughts on “Green field speculation scam land up for sale

  • It’s the Florida land bubble all over again.

    Askett ; that’s how the toffs [incorrectly] pronounce Ascot.

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  • rightmove is full of these so called building plots, no use for anything at all, perhaps ideal for an expensive allotment

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  • sibley's b'stard child says:

    Ha, this reminds me of a couple of friends and some of their family; have all bought seperate plots of land (of a much larger plot) in Turkey. I can’t remember how much they paid last year; i’d say around £8k. All they’re waiting on now is the for the ‘promised’ planning permission to be granted. Yup, any day now….tick, tock.

    It’ll all end in tears no doubt.

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