"Green Field" Real Estate

[bino]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

[roscoe]

don`t you think the english would do it them selves if it was that easy?

[Digger]

If its so good, why dont the current owners just keep it all for themselves?

I have not lived in the UK for many years however its always struck me that the Green belt areas are real no no's for any development work, particularly if it means churning up a field to turn into houses. What does seem to happen is that other buildings, e.g old hospitals, military bases, bus depots and brown industrial sites are the preferred options to utilise as future housing land as opposed to actual fields. I would imagine you will be sitting on that land for a long long time before anything happens to allow something to be built on it & the UK planning laws are nothing like Thailands in terms of having a word in the right ear and hey presto, planning approval.

[miffy]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

<{POST_SNAPBACK}>

[taxexile]

The Profitable Plots Company Limited is an established land wholesaler. Based in the UK with head office in Leicester and branch offices in Halifax and Singapore, Profitable Plots specialises in the location, acquisition and resale of strategically positioned tracts of pre developed land that can be categorised as "most likely to gain development in a reasonable period of time.

head offices in leicester , halifax and singapore.

[Totster]

It's a shame but the Government is indeed looking at developing on Green Belt land. For what it's worth they (the government) should concentrate on regenerating town and city centres, with all this Green Belt development, towns and cities will merge creating large urban areas with no countryside...

totster

[miffy]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

<{POST_SNAPBACK}>

The investment principle of "profitable plots" is essentialy sound as land which does not have the benefit of any extant planning consent, or Local Plan allocation, will normally only achieve a value that reflects its planning use. In the case of "greenfield" land the use is for farming and agricultural land values will be applied. Any initial increase in the land price will reflect what is know in the property industry as "hope value". When translated that means "I hope I can get this land allocated for housing and eventualy get either an outline or detailed planning consent and then sell it to a National Housebuilder for lots of money"

If you pursue this further do you research very carefully. You could be waiting for many years before you know if your investment will pay out. If the land does not get any form of planning consent then you will be left owning a small piece of a field, somewhere in the UK, which you will have paid a lot of money for.

PM me if you want more information. I have been out of the UK for the last 10 months but having worked in the UK Property Development market for 10 years I still have some contacts who may be able to help.

[Totster]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

<{POST_SNAPBACK}>

The investment principle of "profitable plots" is essentialy sound as land which does not have the benefit of any extant planning consent, or Local Plan allocation, will normally only achieve a value that reflects its planning use. In the case of "greenfield" land the use is for farming and agricultural land values will be applied. Any initial increase in the land price will reflect what is know in the property industry as "hope value". When translated that means "I hope I can get this land allocated for housing and eventualy get either an outline or detailed planning consent and then sell it to a National Housebuilder for lots of money"

If you pursue this further do you research very carefully. You could be waiting for many years before you know if your investment will pay out. If the land does not get any form of planning consent then you will be left owning a small piece of a field, somewhere in the UK, which you will have paid a lot of money for.

PM me if you want more information. I have been out of the UK for the last 10 months but having worked in the UK Property Development market for 10 years I still have some contacts who may be able to help.

<{POST_SNAPBACK}>

So it's not Greenbelt then..?

totster

[miffy]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

<{POST_SNAPBACK}>

The investment principle of "profitable plots" is essentialy sound as land which does not have the benefit of any extant planning consent, or Local Plan allocation, will normally only achieve a value that reflects its planning use. In the case of "greenfield" land the use is for farming and agricultural land values will be applied. Any initial increase in the land price will reflect what is know in the property industry as "hope value". When translated that means "I hope I can get this land allocated for housing and eventualy get either an outline or detailed planning consent and then sell it to a National Housebuilder for lots of money"

If you pursue this further do you research very carefully. You could be waiting for many years before you know if your investment will pay out. If the land does not get any form of planning consent then you will be left owning a small piece of a field, somewhere in the UK, which you will have paid a lot of money for.

PM me if you want more information. I have been out of the UK for the last 10 months but having worked in the UK Property Development market for 10 years I still have some contacts who may be able to help.

<{POST_SNAPBACK}>

So it's not Greenbelt then..?

totster

<{POST_SNAPBACK}>

The original post said "green field" which is a general term for land which has not previously been developed. If it is Greenbelt then it will already have statutory protection from development under Planning Law. However, due to the housing shortage in the UK, especially in the Greater London area, there is increasing pressure on both National and Local Govenrment to consider "releasing" some Greenbelt land for development.

Green field or Greenbelt, it is long term and risky.

[ArtfulD]

As miffy mentions its risky....

There was documentary on TV a while ago looking at some companies scamming people into buying up greenfield/belt land with the promise of huge profits to come......

Unless you have some insider information as to where exactly they may wish to develop first and indeed when, you could end up holding onto some patch of land for years and never get permission at all!

All depends really if you can live with having cash tied up for a long period of time for something that may/may not happen. If it does happen...how long are you prepared to wait, 5 years, 10 years. 15 years+?

[bino]

Thanks to everyone for the feedback.

I did make an error in terminlogy in my original post. The land is indeed "Green Belt" land, which has been previously protected by the crown as opposed to "Green Field" as I indicated.

[Totster]

Thanks to everyone for the feedback.

I did make an error in terminlogy in my original post. The land is indeed "Green Belt" land, which has been previously protected by the crown as opposed to "Green Field" as I indicated.

<{POST_SNAPBACK}>

It seems the terms overlap anyway...

totster

[The_Moog]

Land developers and Councillors collaborate on Planning Permission. Its far from easy for us to break in.

How much do you reckon it would cost to build say a 3 bed house in the UK nowadays?

Rough guess anyone?

[systemshock]

The cost of building a 3 bed house would depend on many factors. How much work you'd do yourself, if there are services connected, if not would extra pipes have to be laid to reach your plot?. Assuming you're not doing the work yourself and the plot is accessible for services you'd be looking at about 40k as a rough guess. You can save about 25% on the cost of a house by buying the land then paying a builder to build a house for you.

This doesnt sound like a particularly good idea to me. It may be right that you make a ton of money from it, but it may not, even if you do it may be a long time. There are plenty of ways to invest in property and get good returns, why risk it on something that is so uncertain?

Edited April 30, 2005 by systemshock

[Steve2UK]

Ummmm.......... and what has this to do with Thailand?

[The_Moog]

Ummmm.......... and what has this to do with Thailand?

Because in this heat, with my employer shutting down, (and no prospect of finding new work), a crash in the Thai economy due and with property prices back home gone though the roof during my absence.....its time to find a visa out of this place !

[STEALTH K3]

Funny you should talk about this topic was looking about it myself so I asked a trainnee Financial Advisor about it he looked into this company RUBICON ESTATES the following was mentioned

1 No legal body

2 Light weight internet site

3 Many other sites feeding off

4 No guarantees at ALL

5 Communial ownership

6 Vote to sell

7 How do you get your cash back when to sell and how much time scale of investment

He basicaly said "How much of a gambler are you with your £10,000+? this is the top scale of risky even more riskier than shares".

After this what should I do basicly it sounds to good to be true but who knows

[Steve&mem]

don`t you think the english would do it them selves if it was that easy?

<{POST_SNAPBACK}>

They have, just become a Gypsy (oops sorry a traveling person) buy a caravan and you can live on any green belt land here in the UK.

[Dragonman]

As most people have commented very risky. Buy 20 acre Green Belt site for development 100k. If designated for housing use value increase to 20 million quid.

Unlikely substantially higher due to restricted use for low cost housing. However finding that elusive site, likely to get withdrawn designation, like finding a needle in a haystack. Unless you can get some inside info.or do a deal with some bent Councillors.

Better off looking at "Brown Field" sites. This is just a case of a company finding a topic where there can be huge profits for 1% of those investing in the purchase of such land, plus for the company involved.

[samyym]

A friend of mine from the UK was recently telling me about an interesting investment development in England.

According to him, England is facing a major housing shortage, and the government is re-zoning "Green Field" land, previously preserved by the crown to develop new and affordable housing. He has explained that it is possible to make an excellent return on investment if you can get in on this before the "planning" for development is approved.

I'm wanting to know if any of you from the UK are familiar with this? It seems like an excellent opportunity considering the cost of living in England and the population density. And as we all know, "They don't make any more land".

Can anyone offer me any comments / suggestions / advice?

More info can be found on the website www.profitableplots.com

<{POST_SNAPBACK}>

The demand arose out of convergent factors in the UK viz a viz the rise in divorce rate (from 1 home with divorce becomes 2 homes), the immigration inflow etc

There is a buy back guarantee from the company but one needs to hold this property for 6 months at least. Maximum potential is after the planning permission is obtained. Hope the information helps.

[dopster]

It certainly appears that the UK market will bottom out in the next few years, however with the ever increasing amount of foreigners coming to live in the UK, there is an estimation that almost 2 million new homes will be needed in the next 10 years. Buying property at the moment is just far too expensive! However I think the way forward would be to look at buying undeveloped land i.e. the green belt.

Please take a look at this video to see what I mean.

news.bbc.co.uk/go/em/fr/-/1/hi/uk_politics/6947138.stm]BBC NEWS | Politics | House plans 'will hit green belt'

If anyone is interested to know more or would like to enquire about land availability, please don't hesitate to contact me either p.m. or email dopp2 at htm. com

Prices from 20k gbp up for land instead of 100k gbp + for a house is a big difference

[Theyreallrubbish]

Land developers and Councillors collaborate on Planning Permission. Its far from easy for us to break in.

How much do you reckon it would cost to build say a 3 bed house in the UK nowadays?

Rough guess anyone?

This is exactly how it works. A developer acquires a substantial plot and begins lobbying for change of status. This includes all kinds of sweeteners such as paying for roads and infrastructure, including "social" housing (Basically government housing run through a quasi governmental body) plus the inevitable sweeteners for the officials as well.

If you think you can compete with these companies and their long standing relationships, then go ahead and buy a carrot field, but my expectation is it will still be a carrot field in many years time.

Your only real hope is that a big developer buys up all the carrot fields around you and agrees to pay a small premium to buy yours

[RAZZELL]

A scam.

Someone buys some land/a field, which for all intents and purposes will never get planning permission.

They divide the "field" into say 20 plots and charge x amount per plot.

They make a nice profit..You don't.

RAZZ

[bino]

Wow- a blast from the past! I started this thread 3 years ago yesterday!

Never did get involved in the deal. Sounded good at the time, but we all know what they say about things that sound too good to be true.

[turgid]

Wow- a blast from the past! I started this thread 3 years ago yesterday!

Never did get involved in the deal. Sounded good at the time, but we all know what they say about things that sound too good to be true.

And 3 years on again they have closed all their offices, are under investigation by the Singapore authorities and investors have their own victim support blog.

http://profitable-group-victims.blogspot.com

None of the land ever got converted and nobody is seeing any money back despite an estimated 70 million pounds being taken from investors.

Nice money if you can get it.