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UK Property Auctions What
the Papers Say's
The value of Land that is undeveloped can
substantially increase many times over if the Land gains
planning permission in UK.
Land Use Change In England: Residential
Development To 2001
Over the period from 1997 to 2001, agricultural land accounted
for the largest proportion (38%)
of land for new housing.
Office of the Deputy Prime Minister, May 2002
Land buyers are thus always on the look
out for Land which does not presently have planning permission
(and hence can be bought relatively cheaply) but which they
believe will gain planning permission and hence can be sold
at a large profit.
House Of Commons
Developers eye the countryside with relish. I have been
involved in local government for 30 years and have seen
developers building Land banks, sometimes with not an inkling
of a chance of a site
being developed for 10, 15 or 20 years. They knew that the
demand for such sites would be constant and that, sooner
or later, their dream to realise a return on their investment
options and farmland would materialise.
Mr. Mike Hancock M.P. (Portsmouth, South)
- 4 April 2001
Buying in Green belt Land has hit the media headlines recently
because of the potential large profits to be made if green
belt land receives planning permission.
Developers Use Crisis To Invade
Developers are beginning to scent that the green belt is
theirs for the asking. All around Akeroyds house, they have
bought up options on local farms, anticipating changes in
the planning laws and giving them "first refusal"
on any future sales.
The Observer - Sunday May 12 2002
A large proportion of Town Planners believe that the demand
for housing is such that the laws relating to green belt
must be reviewed and modernized.
Modernising Green Belts
Consultation of Royal Town Planning Institute membership
has revealed overwhelming support amongst planning professionals
for a review of green belt policy.
Royal Town Planning Institute - 27 May 2002