Anyone else bought land from countrywide land holdings

screwed

good advice dearly noted a case of too little too late for me but i'll see if I can do anything about it

Running_Horse

GDB2222 wrote: »

What happens to these fields? Does somebody just turn some animals loose in it and hope for the best?

Well here the first thing they did was to fence it off into little sections, until the council intervened. Now they are rented out for farming and keeping horses.

The people who invest in such schemes might play the gullible fool to try and get sympathy, but would have been happy to make a mint ruining protected rural areas.

Imagine the outrage from the OP if I had tried to make a fortune building a chemical plant in his back garden. Investors in any scheme must weigh up the ethical considerations of how they make money.

GDB2222

Ah well now, if these are managed in that way so they are together rented out to a local farmer, they may in fact be a collective investment and subject to some control by the FSA. So, I suggest that Screwed phones the FSA helpline in the morning.

pete1717

yorksrabbit wrote: »

Apologies, screwed, your post crossed with mine. Accepting your reassurance that you are genuine and in a fairly epic state of distress then you need, now, to consult a solicitor.

(Oh: and make sure it is a solicitor -- you referred on an MSE sister thread to a conveyancing outfit called Cairn Associates as 'solicitors': that's certainly news to The Law Society. . .)

There is no advice that can be offered here re the £48,000 'investment'. Nor can anyone here pore over the documents you received relative to your "investments".

The company you dealt with is still trading and for its part will likely adopt the stance that it merely fulfilled your wish to indulge in a speculative investment: your money, your decision.

It may also say it has absolutely no idea why you're getting so agitated now because where is the specific evidence to demonstrate that your specific investment(s) is / are worthless at this time?

I'm very, very sorry you're experiencing distress and wish you the best of luck in determining if you were in any way misled and mis-sold.

Re Cain Associates of Bexleyheath.

This outfit's website is bedecked with the self-description: Property Lawyers.

Before frightening people who are on here seeking help and assistance I would suggest the above poster takes the time to carry out some research so that the facts he puts forward are actually correct

Cain Associates are Property Lawyers and registered with the Council for Licensed Conveyancers. Anyone registered with the CLC are fully regulated and professional property lawyers. THEY DO NOT HOLD THEMSELVES OUT TO BE SOLICITORS BUT ARE PROPERTY LAWYERS WHO SPECIALISE IN CONVEYANCING.

So, to the original poster, you have dealt with a legitimate and very highly regulated conveyancing company and I would call them first thing tomorrow to discuss your concerns with them.

FraudBuster

GDB2222 wrote: »

Ah well now, if these are managed in that way so they are together rented out to a local farmer, they may in fact be a collective investment and subject to some control by the FSA. So, I suggest that Screwed phones the FSA helpline in the morning.

The phone call will cheer everybody up at the FSA on a Monday morning.

A fool and his money.............................

Running_Horse

screwed wrote: »

I was told back in 2007 it was at the point of selling the nthe goverment brought in a roof tax levy at the last minute and the sale didnt go through.

Apart from not really understanding what you are saying, what is the roof tax levy?

I have never heard of this. Is it some kind of tax?

GDB2222

Running_Horse wrote: »

Apart from not really understanding what you are saying, what is the roof tax levy?

I have never heard of this. Is it some kind of tax?

They were lying to him.

screwed

FraudBuster wrote: »

The phone call will cheer everybody up at the FSA on a Monday morning.

A fool and his money.............................

ok ive already said im gullable ok, dont need it spelled out anymore, I never had any money and had to scrimp and save and I took a chance when I saw an opportunity so that I could have a better life is ther so much wrong with anyone bettering their life

and as for wanting sympathy ive never asked once for it just how I can if at all sort this mess

screwed

and this is something i found on roof tax levy

Tax on development land scrapped for 'roof' levy

By Daniel Thomas
Published: October 10 2007 03:00 | Last updated: October 10 2007 03:00

The controversial policy to tax land for development was yesterday scrapped by the government after it bowed to property industry pressure for an alternative "roof tax" system.
The decision is a U-turn in government planning policy. It marks the end of a feud with property developers about its planning gain supplement - PGS - proposal, a tax on the uplift in value of land following a planning consent.
Instead, the government has proposed a "planning charge", similar to the so-called "roof tax" already operated by councils such as Milton Keynes - in effect a levy proportionate to the size and scale of a development.

GDB2222

Neither of these taxes ever got anywhere near the statute book. It might have made a bit of difference to the value of a piece of land with planning permission, but no difference to your plots.