The Property Partnership

planning_officer

Firefox1975 wrote: »

And I would also briefly add that land is not always developed into housing. Office space and amenities can be and IS granted permission to build on.

True, although not really in the Green Belt, which is where these landbanking schemes are located. These unscrupulous landbanking companies don't offer brown field sites in urban areas for sale as the so-called profit return is not high enough for clients - although, in actual fact, as none of the greenfield landbanking sites ever get planning permission for housing, in reality there is no high profit to be gained from these schemes either!!