(1888PressRelease)
April 23, 2006 - Once the opportunity to purchase land was only open to professional property developers and the larger building firms but UK Land Investments Group – UK Land – has changed that forever. They have pioneered a new and simple way for individuals to buy land with the potential for development
Essentially UK Land remove much of the complexity of buying land, by identifying prime pieces of land with development potential, in areas where there is a growing need for new homes.
The company has just released a fourth phase of it’s highly sought after site in Borehamwood, Hertfordshire, North London. UK Land believes that this is a site with very good potential.
Brian Smith, UK Land’s Strategic Land Director who is based at the company’s Head Office in Mayfair, says, “The local planning authority within whose area the site is located will be faced with having to make significant provision for additional housing need within the near future in order to meet regional growth requirements. The site in Borehamwood represents a truly sustainable opportunity being located in close proximity to a wide range of local community facilities and public transport”
Buying land has proven to be one of the best ways to create real personal wealth over the years. In fact the value of residential land has increased in value by 800% over the past 20 years. None of the traditional investments have demonstrated such consistent growth over the long term.
This trend looks certain to continue for the foreseeable future. Particularly when you consider that approximately 200,000 new homes need to be built every year just to keep up with the demand in England. With this in mind, it’s perhaps hardly surprising that many of the UK’s richest people are property developers or landowners.
So why have so few individuals purchased land in the past?
Well, generally it’s been due to lack of know-how. For most individuals buying a plot of land and applying for planning permission can be a daunting and complex process. The secret is to get expert advice. UK Land offers a comprehensive service through their in-house strategic land acquisition department. The team that work in this department have a wealth of expertise in land acquisition and property development having held senior positions with major house builders like George Wimpy Homes, David Wilson Homes and a number of Local Authority planning departments.
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