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Companies Selling Green-Belt Land

This is a warning in case you see adverts from companies that are selling plots of land in the countryside. They "promise" that it will increase in value once it's granted planning permission for house building. This is unlikely to happen. What tracts of the green-belt that could be built on have already been earmarked for this purpose.

What these companies are doing is selling any old agricultural land which has no hope of ever getting planning permission. What you will be buying is a piece of over-priced land which you will never be able to build on. One such company that is doing this is Hamilton Bentley and Partners, who have just emailed with such an offer.
What part of "A whop bop-a-lu a whop bam boo" don't you understand?

Comments

  • advent1122
    advent1122 Posts: 1,403 Forumite
    They are not strictly lying.
    The land WILL increase in value once planning permission has been granted, whether it will be granted is another matter.
    If you buy a piece of land from someone who "emails" you the offer without doing any homework then PHRTTTTTTT.
  • trisontana
    trisontana Posts: 9,472 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    advent1122 wrote:
    They are not strictly lying.
    The land WILL increase in value once planning permission has been granted, whether it will be granted is another matter.
    If you buy a piece of land from someone who "emails" you the offer without doing any homework then PHRTTTTTTT.

    I wouldn't touch them with the proverbial after hearing so much about these companies on various radio and TV consumer programmes. I have now found a website dedicated to naming and shaming them :-

    http://www.propertyscam.org.uk/
    What part of "A whop bop-a-lu a whop bam boo" don't you understand?
  • gyzmo
    gyzmo Posts: 624 Forumite
    Part of the Furniture Combo Breaker
    These companies have featured in Private Eye - their activities are well know.
    Don't bother trying to sue me - I've got no money!
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