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"Building Plots" purchase scams......
nemo183
Posts: 637 Forumite
There are an increasing number of companies who are buying up agricultural land at £2000 per acre, and then attempting to re-sell it in 1/5 acre plots with potential planning permission at around £100,000 per acre. Problem is, planning permission is never ever likely to be granted for these sites, so they are really aimed at the gullible, greedy and stupid.
Does anyone know of a site that monitors these scams, and names and shames the culprits?
Does anyone know of a site that monitors these scams, and names and shames the culprits?
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These people operate in a "gray" area. They are offering land with "potential planning permission", this could be in 200 years time!
Like you say, they are aimed at the gullible, greedy and stupid and there are a lot of them about. As long as people think that they can buy something for £10,000 that could be worth £80,000, these people will exist.
Here is some info on one person running such scheme.
https://www.stephencleeve.com(".)0
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