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YOUR QUESTIONS ANSWERED
What is investment land?
Investment land is usually raw land with potential to increase in value once developed, however this is not always the case. Brownfield or previously developed sites are now increasingly valuable as investments and sought after by developers.
Is land a good investment?
All investments come with a degree of risk, it would be wrong not to acknowledge this, however investing in land can generate substantial return on investment within a short timeframe. Generally Buy-To-Let investments and property asset classes return 4-9% per annum. We've seen land assets return upwards of 1000% per annum.
Does land hold its value?
It is often said that the best investment on earth, is earth, this is because they aren't making any more of it. All investments have the potential to decrease as well as increase in value, however with mass population expansion and the need for millions of new homes, UK land will always be in demand.
Is land investment high risk?
All investments carry a degree of risk. Investment in UK land is generally higher risk than property investment, however the increased risks are countered with increased rewards. This risk can be minimised by carrying out thorough due diligence, inspecting the title documents and laying eyes on the land before committing to purchase.
Should i buy greenbelt land?
Greenbelt land is land identified by Local Authorities for safegaurding from development. This doesn't mean you shouldn't buy it however. Councils have been approving development within the greenbelt at an ever increasing rate. The current housing crisis and the need to build millions of new homes means that land within the greenbelt is bein earmarked for development more than ever before.
What is greenbelt land?
Greenbelt land is land that has been identified the local authority as land that should be safeguarded from inappropriate development. This doesn't necessarily mean all development is banned. The National Planning Policy Framework (NPPF) outlines which developments are reasonable within the greenbelt.
What is brownfield land?
Brownfield land is defined as land that has been previously developed and which has the potential for redevelopment. More often than not, these sites are former industrial and commercial sites which are now derelict or disused. Due to past use, some brownfield sites are contaminated.
What is a ransom strip?
A ransom strip is a parcel of land needed to gain access to an adjoining property, to which the owner is denied use off until payment is recieved. Ransom strips can restrict both access to a site and the provision of utilities thereto.
What does Leasehold mean?
Leasehold property is property that is owned under lease for a set period of time. Upon expiration of the lease, the ownership of the property reverts to the freehold owner. Despite many leasehold properties, leasehold land is uncommon in the UK.
What does Freehold mean?
Freehold property or land can be defined as land or property which is "free from hold" of any person other than the owner. It means the freehold owner enjoys the ownernship, in its entirety of the property in perpetuity an is free to use it however he wishes, subject to planning.
What is disclaimed land or property?
Disclaimed property is property that has been disclaimed or abandoned under Section 656 of the Companies Act 1985 (as amended by Section 178-182 of the Insolvency Act 1986). It is effectively a mechanism for renouncing ownership of an asset for the purposes of insolvency or other legal proceedings. If the company is restored to the register of companies the land automatically reverts to the company. Disclaimed land and property become bona vacantia and the property of The Crown.
What is bona vacantia?
'Bona vacantia' means vacant goods. It is the name given to property without an owner, which under British law reverts to The Crown. Assets can become bona vacantia for various reasons including through the estates of people who have died intestate and through disclaimed assets from dissolved or liquidated companies.