The Financial Services Authority estimates land banking has cost investors £200 million.
Investing in land? Get expert advice from RTPI town planners
Land banking schemes involve land owners dividing up their land and selling plots on to investors – with the hope that these plots will have significant development value.
Unfortunately many of these plots are in areas where development, even in the very long term, is unlikely to happen. this is because they are in Green Belt and other areas protected by UK planning policy. As a result UK authorities have shut down many of these scams.
To avoid being a victim of such a scam seek independent planning advice from RTPI chartered town planners.
If you are looking to invest in land and want to avoid being taken for a ride call 01282 872570 or email.
©Kirkwells Town Planners and Sustainable Development Consultants based at the Lancashire Digital Technology Centre in Burnley www.kirkwells.co.uk
Research • Planning Policy • Site Search • Site Appraisal • Planning Applications • Appeals • Sustainable Development • Urban Design • Masterplanning • Heritage Statements • Bids for Funding • Neighbourhood Planning • Community Right to Build • Community Engagement • Training
Read more: Kirkwell's Comment
Land Banking Costs Investors £200 million
Share on FacebookShare via EmailTweet this postShare on LinkedInThe Financial Services Authority estimates land banking has cost investors £200 million.
Investing in land? Get expert advice from RTPI town planners
Land banking schemes involve land owners dividing up their land and selling plots on to investors – with the hope that these plots will have significant development value.
Unfortunately many of these plots are in areas where development, even in the very long term, is unlikely to happen. this is because they are in Green Belt and other areas protected by UK planning policy. As a result UK authorities have shut down many of these scams.
To avoid being a victim of such a scam seek independent planning advice from RTPI chartered town planners.
If you are looking to invest in land and want to avoid being taken for a ride call 01282 872570 or email.
©Kirkwells Town Planners and Sustainable Development Consultants based at the Lancashire Digital Technology Centre in Burnley www.kirkwells.co.uk
Research • Planning Policy • Site Search • Site Appraisal • Planning Applications • Appeals • Sustainable Development • Urban Design • Masterplanning • Heritage Statements • Bids for Funding • Neighbourhood Planning • Community Right to Build • Community Engagement • Training
Read more: Kirkwell's Comment