UK land prices

tufty


Joined: 03/05/2008
Posts: 45

Message Posted:
03/02/2009 19:15

We all talk about the problems of buying and owning land and property here in the TRNC which if it was as simple as back in the UK life would be so relaxing.

I have recently completed the purchase of 2 plots of land in Tarvin Cheshire which is a much sought after area to live and unlike over here you get a document from the land registry office which gives clear title to the land you have purchased, and the sales company pay for all the legal expenses, the whole process only took 6 weeks the plots are part of a large site which is a proposed development of 148 detached homes and you will be able to sell the plots or have a house built on it of your own design The plots were very reasonably priced compared to land prices in the TRNC and when planning permission is applied for in 2010 the plots should quadruple in value I feel it is one way to beat the credit crunch and hopefully a good way of making your money work for you

I intend to build 2 houses and sell 1 and keep one as a h

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
03/02/2009 19:20

tufty....."and when planning permission is applied for in 2010 the plots should quadruple in value"



Be careful my friend....loads of these schemes around.....basically you've bought 2 small plots of arable land until such time as full planning permission is granted !



Furthermore...who is going to pay for all the necessary infrastructure?

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
03/02/2009 19:33

Have read news stories on this.

I assume you are saying that you have bought land to build two houses but none of the land has planning permission? ( you say that this is to be applied for in 2010 )...if it is currently argriculture land them permission may not be granted...what is the GUARANTEE? ..what if the company goes into liquidation? ..assume YOU contacted the local planning office to ask wether planning permission was likely?



Why would anyone sell land so cheap now that would be worth 4 times as much in less than 12 months?...the reason for such a quick sale could be to get your money, I assume you used your own solicitor and not there's ( for independant advice ?)

there has been alot of bad press about schemes such as this, I do hope it works out for you, please keep us all updated.

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
03/02/2009 20:03

There was a similar project near me on a supposed brown field site that the council then classed as green belt and planning was refused, about 50 people involved, might get it if they keep on trying in about 25yrs...long term project/investment.

I also bought a plot at auction with glossy photos and cgi`s and an application in for outline planning that they withdrew the day i completed... ouch.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
03/02/2009 20:20

tufty im a builder , trust me sought after land ,plots , dont go on sale to the public most major builders buy the whole package ,with planning permission already granted ,then they sit on the land for about 6mnths before starting to build,having bought all the materials the day they bought the land be careful ??

Val44


Joined: 14/11/2008
Posts: 210

Message Posted:
03/02/2009 20:24

You could of course use the land to grow potatoes.

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
03/02/2009 20:25

Or put some bacon pigs on...

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
03/02/2009 21:11

someone has found a good way of making money...proberly not tufty..?

SteveAustin



Joined: 10/03/2008
Posts: 202

Message Posted:
03/02/2009 21:21

Easier Way



Dear Secretary of State,



My friend, who is in farming at the moment, recently received a cheque for £3,000 from the Rural Payments Agency for not rearing pigs. I would now like to join the “not rearing pigs” business.



In your opinion, what is the best kind of farm not to rear pigs on, and which is the best breed of pigs not to rear? I want to be sure I approach this endeavour in keeping with all government policies, as dictated by the EU under the Common Agricultural Policy.



I would prefer not to rear bacon pigs, but if this is not the type you want not rearing, I will just as gladly not rear porkers. Are there any advantages in not rearing rare breeds such as Saddlebacks or Gloucester Old Spots, or are there too many people already not rearing these?



As I see it, the hardest part of this programme will be keeping an accurate record of how many pigs I haven’t reared. Are there any Government or Local Authority courses on this?

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
03/02/2009 21:25

i think you will find it is about the grade of agricultural land when it comes to planning.

SteveAustin



Joined: 10/03/2008
Posts: 202

Message Posted:
03/02/2009 21:27

Part 2.

My friend is very satisfied with this business. He has been rearing pigs for forty years or so, and the best he ever made on them was £1,422 in 1968. That is - until this year, when he received a cheque for not rearing any.



If I get £3,000 for not rearing 50 pigs, will I get £6,000 for not rearing 100?



I plan to operate on a small scale at first, holding myself down to about 4,000 pigs not raised, which will mean about £240,000 for the first year. As I become more expert in not rearing pigs, I plan to be more ambitious, perhaps increasing to, say, 40,000 pigs not reared in my second year, for which I should expect about £2.4 million from your department. Incidentally, I wonder if I would be eligible to receive tradable carbon credits for all these pigs not producing harmful and polluting methane gases?



Another point: These pigs that I plan not to rear will not eat 2,000 tonnes of cereals. I understand that you also pay farmers for not growing crops. Will I qualify for

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
03/02/2009 21:29

spoke to your lawyer recently tufty??

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
03/02/2009 21:29

I like that million dollar man!!!

SteveAustin



Joined: 10/03/2008
Posts: 202

Message Posted:
03/02/2009 21:29

Part 3.



Will I qualify for payments for not growing cereals to not feed the pigs I don’t rear?



I am also considering the “not milking cows” business, so please send any information you have on that too. Please could you also include the current Defra advice on set aside fields? Can this be done on an e-commerce basis with virtual fields (of which I seem to have several thousand hectares)?



In view of the above you will realise that I will be totally unemployed, and will therefore qualify for unemployment benefits.



I shall of course be voting for your party at the next general election.



Yours faithfully,



Nigel Johnson-Hill

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
03/02/2009 21:30

Or was it two??

ian444


Joined: 14/01/2009
Posts: 71

Message Posted:
03/02/2009 21:50

Tufty



Land prices for plots in Uk with planning permission is still very high. A 0.3 acre site say for two medium or one large house in rural Cheshire would cost between maybe £200,000 --- £ 500,000 depending on position. If you work on a third of final property price you will not be far wrong.



Agricultural land is of course much less maybe £1500 for the same plot but more if it is close to other developments say £5000 and has potential planning at some stage in the long term.

However gaining planning permission is very very difficult in Rural Cheshire

Remember this is the area were the movers and shakers live.

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
03/02/2009 22:04

Save us a plot Tufty...

fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
03/02/2009 23:19

ian

the last plot we tried to buy in the uk in norfolk went at auction for 85k ish.

that was 1 acre agricultural, and couldn't have planning permission at the time.

(we only wanted it for our dogs to play in, but it went for mega money, we were thinking more like the 30k mark. )

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
03/02/2009 23:23

Firestarter....if that's all you want it for you'd be better buying woodland....approx £4K to £5K per acre

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
04/02/2009 00:21

Oh God, i think i've lost the plot !!

Joe Soap


Joined: 17/10/2008
Posts: 170

Message Posted:
04/02/2009 00:29

Re message 14, ..........

"I am also considering the “not milking cows” business, so please send any information you have on that too."



The not milking cows sound like a lot of bull to me.

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
04/02/2009 00:48

Where is Tufty ?......Me thinks he's lost the plot,... or maybe he has been over there today digging himself a big hole.

ian444


Joined: 14/01/2009
Posts: 71

Message Posted:
04/02/2009 00:58

fire starter



I agree these are very rough figures. I think £ 4000 an acre for agricultural



up to one millon with planning is about right.



Anywhere in between depending on how likely planning permission is.



ps thankfully not am not an estate agent just interested so not gosple



regards ian

Mrwilson



Joined: 31/10/2008
Posts: 470

Message Posted:
04/02/2009 08:31

I wish i was the one who sold them to you. It was probably the Joker.

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
04/02/2009 13:22

Where is tufty?....he is in NC with 4 bank accounts ( according to his threads? )

sparta


Joined: 24/10/2008
Posts: 226

Message Posted:
04/02/2009 14:49

he is buying exchange land at pre-74 prices