Buy Land - UK

In the past, the ability to buy land has been closely associated with authority and affluence, and land dealing was the business of a select few. Even in more recent years most people couldn't afford to buy land in the UK and the profits from land were usually made by the big property developers or rich landowners.

Today a new style of land agent exists that makes land investment far more accessible to the average investor and it has never been easier to buy land. The process is quite simple: agents buy large tracts of undeveloped building land, separate them into plots and then sell the land to investors on an individual basis.

Though some people are at first sceptical when it comes to this type of investment, the logic is all there. Most people simply can't afford to buy land with planning permission: just think how much it would cost to buy land in London with planning permission today! By investing in land without planning permission you pay for the land without the premium that is slapped onto the land after it gains planning permission. In this way, if the land does eventually get planning permission the buyer stands to make substantial financial gains.

If you are looking to buy land in UK you need to remember that it can vary greatly and good location is crucial to maximising the chances of gaining planning permission and maximising your profits. Additionally the size of the plot is an important factor which is often overlooked and it will have a big effect on the land's eventual value.

It's easy to buy land in the UK at bargain bucket prices, but these building plots are invariably badly located and small in size - usually only with enough space to build a very small two-bedroom semi. Again, the more established agents deal predominantly in larger building plots - usually with enough space for a four bedroom detached house. The substantial plot size together with the desirable location is a very attractive combination and the land could be extremely valuable upon receipt of planning permission.

Trusted and established land agents always insist on buyers using their own independent solicitors to represent their interests when they buy land. This guarantees that both agent and buyer are completely aware of all aspects of the agreement. Any agent that recommends that you don't do this should be viewed with great suspicion - it's important to differentiate the quality agents from the cowboys from the outset.