1. Does the land I'm buying have planning consent?Each site we market will clearly state whether the site was previously developed (Brownfield / part Brownfield) or yet to be developed (Greenfield) land. This is a more innovative way to buy land for two reasons. Firstly the value of strategic pre-approved land is rising fast and over time has been one of the strongest commodities you can buy. Secondly and most important, pre-approved land holds the largest potential for profit. An average plot could, with planning approval, appreciate by approximately 3 to 5 times its original value.
In a nutshell, what does SLI do? We market strategically positioned tracts of land that hold strong prospects for future development. These sites are reviewed by planning experts, then a suggested layout is prepared that creates notional plots of various types and sizes. Each plot can be purchased through us and we then ensure that the ownership of the plot is transferred through the British legal system to you.
Is this a new concept?No. Large companies and property developers have been doing this for many years. It is a highly effective and time proven system that has made substantial profits compared to a minimum outlay.
How secure is it?Your security is in the land you buy. This is not a stock, bond or other invisible investment. This is a legal purchase of a piece of real estate that you own freehold. It is your very own piece of the United Kingdom. One of the most common questions people have when buying land is with regard to the security of the transaction. It is unfortunate that in today's society there are many reasons to be cautious and when it comes to spending larger sums of money it is important that you feel 100% safe. With investing in land through the UK legal system and having it entered on Her Majesties land Registry, you can be totally confident that your purchase is completely secure. When paying for your land you send your money directly to the developer or solicitors. As soon as they receive your payment the transaction commences immediately. This way you have total peace of mind.
What if I have to sell my plot before planning? SLI can help you resell your plot prior to planning, with the following terms and conditions: Service is only available when the client has owned the plot for a minimum of 18 months, (or until planning permission is granted if sooner) We will sell at a mutually agreed price, less our commission of 15% on any profit made While we cannot guarantee the timescales in which a buyer will purchase your plot, we will do all we can to find a buyer from our extensive network of clients. Pre-planning resale is only possible when a site is completely sold out. The new purchaser agrees to join the exit option agreement.
What is the Exit Strategy?These are the Various options to realize your investment profits, the most common being the sale of the whole site to the joint venture partner or to an independent developer or third party, when outline planning permission has been obtained on the site. Options to remain invested, or defer the sale of the whole site until detailed planning permission is granted is also an option that can be exercised. This option can offer a further potential uplift to the value of your investment.
What happens when planning is approved?Once outline planning permission (or detailed planning permission) has been granted an open market valuation is obtained. Bids are then sought by formal tender; in order to ensure that the offer that is selected will most benefit the investors. At that point, where there is a joint venture in place with the developer, the developer can offer to buy back the land from the investors or the site can be sold to an independent third party developer. Prior to contracts being exchanged with the developer, all plot owners will be required to sell at the agreed price as per the initial option agreement and contract of sale.
What is the current investment opportunity?Please refer to home page for the latest site information.