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country wide land holdings

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  • tmcat
    tmcat Posts: 4 Newbie
    Hello RHARRIS

    I was interested to read your comments regarding land banking. Have you any experience with this. Last year I bought some land from a Swiss company that has recently gone into administration. The land is owned by me and is registered with the land registry. I am looking to sell this land but not sure who to approach. Any advise would be greatly appreciated. tmcat
  • wecanhelpu
    wecanhelpu Posts: 630 Forumite
    I'll give you 2 quid for it
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    wecanhelpu wrote: »
    I'll give you 2 quid for it

    We have a big player in our midst...
  • tmcat
    tmcat Posts: 4 Newbie
    Thanks, I will forward you my bank details so you can wire the money to me. I will then courier the documentation to you as soon as I have proof of payment.
    wecanhelpu wrote: »
    I'll give you 2 quid for it
  • 1903Lee
    1903Lee Posts: 16 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Unfortunately, i have parted with monies and 'invested' in some land. Is there any way you can recoup your money and if so what wouyld the process be? Many Thanks
    1903Lee
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    wecanhelpu wrote: »
    I'll give you 2 quid for it

    I'll offer you £2.50

    Any further bids?

    Oh, and to throw in my usual argument, all these land banking things only pay off if there ISN'T a crash in house prices. Like the one that's just started.

    :p
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Always ask yourself this: Why dont rich city traders cold call you with thier insider money making schemes, or a song writers invite you to have a share in an almost certain hit?
  • sarahjj_3
    sarahjj_3 Posts: 1 Newbie
    1903Lee wrote: »
    Unfortunately, i have parted with monies and 'invested' in some land. Is there any way you can recoup your money and if so what wouyld the process be? Many Thanks
    1903Lee

    I also parted with monies like you sept 2005 for some land in folkstone. Did you manage to recover yours ? what did you do? thanks.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    RHARRIS wrote: »
    I am new to the forum and I would just like to say there are some good companies out there selling good land with very good chances of planning permisson granted and there are some bad companies promoting sites with no hope at all.

    I'd reckon they were all scam artists, to be honest.

    Have a look at:

    http://www.propertyscam.org.uk/
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • GDB2222
    GDB2222 Posts: 26,278 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Sadly, this land is now totally worthless. At least as a field you could grow crops on it or graze cows. Now it's all been divided up, nobody has any control at all. So, a field that was worth £2k an acre is now worthless. Maybe track down the other owners and try to put together the complete field? Of course, even that's no help to someone who paid big money for a tiny plot.

    In fact, it could be a liability if there are hedges etc to maintain or if there is some potential public liability issue.
    No reliance should be placed on the above! Absolutely none, do you hear?
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