FAQs

1. Can you build on Greenfield or Greenbelt?

“Greenfield” simply means land that has never been built on, whereas “Greenbelt” is an officially designated buffer zone not to be built on.

There are a few exceptions where development can be carried out in the Greenbelt. It is our company policy not to buy land in designated Greenbelt. Many local authorities stipulate that up to 40% of new housing will be built on Greenfield sites.

2. Is there a housing crisis?

Yes! There is a real pressure on the government to increase the supply of new homes particularly for first time buyers. Other factors like the fact that there are more people living longer and, more who live on their own are also causing demand to spiral upward. Estimates vary but between 3 and 4 million more homes are needed by 2020 (source – Barker review of housing supply 2006)

The Government has stated its vigorous support to encourage building with its radical Localism Bill which removes

3. How much money will I need to invest?

Most land plots sell for between £10K and £50K depending on their location, size and desirability.

4. How do I sell my land?

You can sell your land the same as any other freehold property, privately or via a
broker

5. How have land values changed in recent years?

The graph below shows how land values have increased in the UK.

6. Do I need my own Solicitor to Purchase Land?

No.

We have instructed our solictors on our behalf to ensure that all plots sold are registered in the name of the purchasers after the purchase has been completed. This is done on an administrative basis so that all post-completion formalities are completed and you end up with a freehold unencumbered plot.

Whilst our solicitors will be happy to answer any administrative queries you may have, such as where to sign on forms and the like, they are unable to offer you any legal advice. Should you have any concerns please contact us and should you still be unclear we would suggest you consult your own solicitor.