Land Bank Pt. 1 - Investing in land can earn profits of 500% to 1000% - if you know what youre doing...
Land Bank Pt. 1 - Investing in land can earn profits of 500% to 1000% - if you know what youre doing...
13th October 2006
In Part One of an in-depth look at the process AND the promise of land investment, Tony Booth looks at the ins and outs of finding a plot to buy.
There are considerable risks involved in land speculation and thorough research before committing yourself to buying a particular plot is crucial if you are to improve the odds of success.
The Valuation Office Agency (VOA) at HM Revenue and Customs collects six monthly data and produces property market reports on residential building land in the UK.
The reports document the current average price of land in the UK, assesses the annual shift of regional land prices and forecasts how values might perform over the short term.
The information provided is very useful to the would-be land investor as it indicates where and when it may be best to invest.
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