-
Recent Posts
Recent Comments
Archives
- May 2021
- June 2020
- September 2017
- May 2017
- September 2016
- July 2016
- November 2015
- September 2015
- August 2015
- October 2014
- September 2014
- July 2014
- April 2014
- March 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
Categories
Meta
The Planning People
Land Banking Costs Investors £200 million
The Financial Services Authority estimates land banking has cost investors £200 million. 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 … Continue reading